METAL PRICES FUTURES PRICES (January 14, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 116.50 115.60 115.70 –2.60 Feb 116.50 115.10 115.55 –2.50 Mar 116.20 114.10 114.50 –2.35 SILVER (in US cen…
Articles by Northern Miner Staff
METAL PRICES PRODUCER PRICES (January 14, 1991)
ALUMINUM: MW U.S. Market US70.50- 72.00 cents per lb. (Jan. 3, 1991). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
Program planned for Yukon copper deposit
The Williams Creek copper deposit will be further worked during the 1991 season by Western Copper Holdings, a junior owned about 36% by Teck (TSE) and its partner Thermal Exploration of California. We…
Spot prices at a glance (January 14, 1991)
Week’s Price (US) Change Gold* $390.70 — $1.80 Silver* $4.09 — $0.07 Platinum* $414.25 — $2.00 Nickel** $3.95 + $0.17 Lead** $0.27 — $0.01 Copper- $1.16 — $0.03 Zinc $0.57 Courtesy of Scotiabank….
Toronto Stock Exchange Westmin pulls hot hole as Persian Gulf
Share values, reacting to events of the Persian Gulf conflict where last-minute talks between U.S. Secretary of State James Baker and Iraqi foreign minister Tariq Aziz failed the produce a breakthroug…
Westmin intersects high grade gold on new zone at SB bet
A recent hole drilled by Westmin Resources (TSE) returned 23 ft. grading 1.10 oz. gold per ton from a new gold- bearing structure on the SB property near Stewart, B.C. The discovery is reported to be …
Ontex seeking senior partner for Brookbank
Having regained control of the Brookbank gold deposit in northern Ontario last year, Ontex Resources (ASE) can now focus its efforts on finding a senior partner to continue exploration on the claims. …
Environmental hitch killed deal for Magnacon
Environmental concerns associated with the Magnacon mill are the main reason why Hemlo Gold Mines (TSE) called a halt to purchase negotiations (T.N.M., Jan. 7/91), John Harvey, president of the large …
Sutton planning to acquire Romanex
An agreement-in-principle has been reached between Sutton Resources (VSE) and the owner of Romanex International for the acquisition of the latter company. If completed, the deal will result in Sutton…
Canadian Mining Hall of Fame RALPH DOUGLAS PARKER, 1898-1983
As superintendent of mines at Inco’s Sudbury operations beginning in 1931, Ralph Douglas Parker embarked upon a long-range plan that over the years brought the nickel producer into the forefront of th…
Arimetco gears up for jump in copper output by year-end
With a number of former copper producing properties containing known reserves in its fold, Arimetco International (TSE) is gearing-up for a big jump in copper production. The company plans to go from …
IOCC GOLD OPTIONS (January 14, 1991)
Options Open Series Volume Last Interest Feb. 380 C 181 21.00 906 Feb. 390 C 330 14.50 1,545 Feb. 400 C 623 9.90 2,287 Feb. 410 C 355 5.50 1,599 Feb. 420 C 292 4.50 2,492 Feb. 450 C 519 2.00 1,364 May…