Idaho acquiring property interests
Idaho Consolidated Metals (VSE) said it is negotiating for the acquisition of up to a 60% interest in the entire property portfolio in Idaho of private company Idaho Mining and Development, and a 60% …
News
PROFILE (November 04, 1991)
In recent decades, the University of Toronto has produced some of Canada’s leading geophysicists, Duncan Crone among them. President of Crone Geophysics & Exploration, he is best known as a pioneer of…
FINANCING (November 04, 1991)
Coral Gold Corp. — 8000,000 shs offered @ 17 cents per sh.
Spot prices at a glance (November 04, 1991)
Week’s Price (US) Change Gold* $359.80 – $3.10 Silver* $ 4.11 – $0.04 Platinum* $363.00 – $4.10 Nickel** $ 3.37 + $0.03 Lead** $ 0.24 + $0.01 Copper $ 1.09 + $0.02 Zinc $ 0.45 …. Courtesy of Scotiab…
FUTURES PRICES (November 04, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 108.40 106.75 108.40 + 2.75 Dec 108.00 106.20 107.85 + 2.95 Jan 106.60 105.35 106.55 …. SILVER (in US cents…
Claude and Aaron in diamond search
Joint venture partners Claude Resources (TSE) and Aaron Oil (ASE) are planning a drilling program to test magnetic anomalies for diamond mineralization on property in the Fort a la Corne and Sturgeon …
Southern Chile focus for Arauco
Four local mining groups have teamed up to form a new company directed exclusively at finding mineral deposits in Latin America, with Southern Chile being the primary exploration target. The venture i…
Curragh selling smelter interest (November 04, 1991)
Toronto-based Curragh Resources (TSE) is negotiating to sell its 20.8% interest in Spanish smelting company Asturiana De Zinc SA, says Chairman Clifford Frame. Under a proposed agreement, the Spanish …
U.S. REPORT (November 04, 1991)
Earnings for the first nine months of 1991 remained unchanged from a year earlier for Pegasus Gold (TSE) which reports net income of US$6.3 million for both periods. Earnings for the 1991 third quarte…
Caterpillar finances Bema equipment
Equip-ment financing for the Refugio gold project owned 50% by Bema Gold (TSE) has been arranged through Caterpillar America and its Chilean distributor. Caterpillar will supply up to US$24.6 million …
CIM Newfoundland meeting to feature industrial minerals
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) will hold its 38th annual meeting on Nov. 7-9 in St. John’s. It will begin with a day-long Open House by the…
Cutbacks planned by Falconbridge
In response to continuing weakness in the nickel market, Falconbridge said it is extending the shutdown of one of two electric furnaces at its Dominican Republic ferronickel operation until at least t…