METAL PRICES FREE MARKET (January 21, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 15 Jan 14 Jan 11 Jan 10 Jan 9 Copper 1272-1273 1291-1292 1310-1311 1314-1316 131…
Articles by Northern Miner Staff
Freewest, Mint option property
An agreement has been reached between Freewest Resources (TSE) and Mint Gold Resources (COATS) whereby the two companies have an option to earn a 100% interest in a 59-claim property in Northumberland…
Phelps Dodge drops Stillwater option
Arizona-based Phelps Dodge (NYSE) has dropped its option on the Stillwater strategic metals joint venture in Montana with Australian company Boulder Gold. Phelps Dodge had to decide by Jan. 15, whethe…
INSIDER TRADING Sherritt officers invest in company
Two members of the dissident group that recently won control of Sherritt Gordon (TSE) recently emerged with a significant position in the Edmonton-based fertilizer and specialty metals manufacturer. A…
U.S.REPORT Battle Mountain ups reserves at Crown Jewel
The ongoing drilling program at the Crown Jewel property in northeastern Washington has increased reserves to 1.2 million contained oz. gold from the previously reported 830,000 oz. Battle Mountain Go…
Trenching find at Lookout bet
Partners Goldpac Investments (VSE) and White Knight Resources (VSE) reported results from a recent trenching and sampling program on their Lookout property near Cranbrook, B.C. The partners said a soi…
Toronto Stock Exchange Indices (January 21, 1991)
Jan.15 Jan.14 Jan. 11 Jan.10 Jan. 9 HIGH LOW Composite “300” 3161.95 3167.58 3183.59 3196.82 3169.64 4009.47 3009.91 Metals & Minerals 2681.40 2691.03 2686.21 2694.71 2632.06 3453.06 2502.63 Integrate…
Demand seen slipping for base metals
After slumping by 21% in real terms in 1990, base metal prices are set to slip further in 1991 as demand continues to decline, writes Metals & Minerals Research Services of Great Britain in a recent M…
Exploration resumes at Thunderwood’s Scott Lake property
Exploration has resumed on the Scott Lake polymetallic property held by equal partners Thunderwood Resources (TSE) and Greenstone Resources (TSE). Situated 12 miles west of Chibougamau, Que., the prop…
GOLD FUNDS (January 21, 1991)
BGR Central Net value $9.66 $5.44 Price $8.38 $4.950 Discount 13.25% 9.0% Value $57,543,958 $83,280,285…
James named director of troubled Campeau
Within weeks of his appointment as president and chief executive officer at Denison Mines (TSE), Bill James has been named a director of Campeau Corp., a beleaguered real estate development company. J…
Vancouver Stock Exchange .Pezim continues to trade
The Vancouver Indices fared poorly over the week ended Jan. 15 as investors pulled their bids and hopped on the fence to wait out the next chapter in the Middle East crisis. The result was a 19.41-poi…