Metal Prices PRODUCER PRICES (November 27, 1989)
ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 16, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…
ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 16, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…
A dedication ceremony was held Nov 18 to mark the official opening of the Mother Lode open pit gold mine near Beatty, Nevada. The 2,500-ton-per-day heap leach mining operation is held by a joint ventu…
The Ontario Securities Commission has issued a Notice of Hearing against George Albino, former chairman and chief executive officer of Rio Algom (TSE). The hearing, scheduled to take place on Jan 20, …
Negotiations between Rio Algom (TSE) and Uranium Resources (TSE) for a proposed takeover of Uranium Resources by Rio Algom were terminated. The two companies had previously signed a non-binding letter…
A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…
Over the last two years Northgate Exploration (TSE) has spent in excess of $180 million and been involved in about 14 investments and acquisitions, which probably give it the honor of being North Amer…
Inco Gold, a wholly owned affiliate of Inco Ltd. (TSE), poured the first gold from its Crixas gold mine in Brazil. Designed to process 360,000 tonnes of ore per year to yield 120,000 oz of gold, the C…
Underground exploration will not begin at the copper-zinc discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) until a legal dispute involving the two companies is settled, says a top Nor…
With the gold price surpassing the $400(US) mark and holding, it’s hard to find anyone bearish about the yellow metal’s future these days. While gold’s performance is always difficult to predict, that…
A large base metals deposit in Utah, held by a financially strapped junior, Noble Peak Resources (ASE), is on the auction block. “We expect to have an offer from a major U.S. mining company within thr…
Shareholders of Horsham Corp. (TSE), the holding company which controls American Barrick Resources (TSE), have approved an increase in the number of votes attached to multiple voting shares held by ch…
One of Cominco Ltd.’s (TSE) top executives earned a substantial profit recently while buying and selling shares of the Vancouver- based resource giant. John Fletcher, a senior vice- president in Comin…
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