News

Vancouver Stock Exchange (July 29, 1991)

Activity on the Vancouver Stock Exchange remained lacklustre over the week ended July 23 with daily volume relatively quiet at the 14-million-share level. The release of assays results from a number o…


PRODUCER PRICES (July 29, 1991)

ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …



Lower grades slow Inco’s earnings

An 85% drop in second-quarter earnings for nickel giant Inco (TSE) reflects predictions the company made at an analysts’ meeting last November. “They warned us,” says Richardson Greenshield’s Ray Gold…


Toronto Stock Exchange (July 29, 1991)

After switching into high gear, the summer doldrums were interrupted during the week ended July 23 by the first trickle of second-quarter earnings. Despite earlier warnings by management, the market w…


LETTERS TO THE EDITOR (July 29, 1991)

As argued by Mort Brown (T.N.M., July 15/91), democracy certainly needs to be redefined. I think wistfully of the days when politicians were concerned about people and not their own pockets. There hav…


Placer Dome relocates offices for exploration

During the next 6-9 months, Placer Dome (TSE) plans to expand its international exploration presence and re-allocate resources in Canada. New exploration offices will be opened at Coral Gables outside…


METAL PRICES (July 29, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 23 July 22 July 19 July 18 July 17 Copper 1316-1318 1321-1323 1315-1317 1329-133…






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