METAL PRICES PRODUCER PRICES (January 21, 1991)
ALUMINUM: MW U.S. Market US70.00- 71.50 per lb. (Jan. 10, 1991). ANTIMONY: New York dealer US78-80 per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CADMIUM: New …
News
METAL PRICES FUTURES PRICES (January 21, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 112.10 108.50 108.65 –7.05 Feb 111.00 108.70 108.75 –6.80 Mar 110.20 107.50 107.70 –6.70 SILVER (in US cen…
South Dakota mining firms wait for impact study results
An initiative designed to limit exploration in South Dakota’s scenic Black Hills region was defeated in recent state elections by a narrow margin of 52% to 48%. But it appears that the battle between …
IOCC GOLD OPTIONS (January 21, 1991)
Options Open Series Volume Last Interest Feb. 390 C 641 20.70 1,772 Feb. 400 C 1,133 16.50 2,383 Feb. 410 C 968 11.50 2,058 Feb. 420 C 1,197 8.00 2,769 Feb. 430 C 505 4.50 878 Feb. 450 C 598 3.20 1,39…
Stratmin closing its smaller mill
Management of Stratmin Graphite says it has decided to temporarily close its smaller mill at its graphite operations north of Montreal. President Daniel Goffaux, attributing the cutback to a slowdown …
Nova-Cogesco gets shareholder nod
Shareholders of Nova-Cogesco Resources (ME) voted at a recent meeting in Montreal in favor of the sale of their company’s 20% interest in the Silidor gold mine just outside of Rouyn-Noranda, Que. Camb…
Anglesey’s plans for Parys Mountain holds historical significance
If Anglesey Mining and parent company, Imperial Metals (TSE), are successful with plans to bring on stream the Parys Mountain project in North Wales, it will become the first base metal mine of its ty…
Toronto Stock Exchange Prices mixed as market counts down to
If this week’s trading activity is any indication, the markets are in for a rough ride during the rest of 1991. In the period ended Jan. 15, the composite 300 index posted five successive losing sessi…
Grasberg boasts largest global gold reserve
An American company is claiming its Grasberg open pit mine in Indonesia has the largest published gold reserves of any of the world’s single operating mines. Freeport-McMoRan Gold (NYSE) recently anno…
Regal acquires claims covering Kirkland Lake diamond prospect
Toronto-based Regal Goldfields (COATS) has picked up nine claims covering a diamond-bearing kimberlite pipe 20 km northeast of Kirkland Lake, Ont. Discovered by LAC Minerals (TSE) in 1984, the pipe yi…
COATS (over-the-counter) Trial date set
Rivals Card Lake Resources and Teddy Bear Valley Mines will meet in court on Sept. 3 to settle a property dispute over Card Lake’s 5-claim property near Matheson, Ont., says Teddy Bear. Until then, Ca…
Greenland seeks to attract exploration
Faced with the recent closure of its only remaining metal mines, and a slump in both its fishing and oil sectors, Danish government authorities are attempting to increase exploration activity in Green…