Metal Prices FUTURES PRICES (December 10, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 114.10 111.70 112.95 + 0.75 Jan 110.50 110.00 110.50 — 0.50 Feb. 109.30 108.70 109.20 + 0.85 SILVER (in US c…
News
Editorial Japan knows
“The Japanese are very concerned that the world will soon be faced with a shortage of base metals. Its Ministry of International 0000,1206 Trade and Industry predicts continued strong growth in copper…
Metal Prices FREE MARKET (December 10, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date December 4 December 3 November 30 November 29 November 28 Copper 1290-1292 1302-1304…
Muscocho, Flanagan file creditor plans
Toronto-based Muscocho Explorations (TSE) and Flanagan McAdam Resources (TSE) have both filed a plan of arrangement under the Companies’ Creditors Arrangement Act, following orders from the Ontario Co…
Cominco and Redfern encounter fault zone
Drilling on the Tulsequah Chief project has encountered a clay-rich fault zone which will delay holes 28 and 29. Tulsequah Chief is a joint venture 60% owned by Cominco (TSE) and 40% owned by Redfern …
Mining and the Environment Accounting for future environmental
Among the factors that influence the levels of risk and profitability for mining are the twin costs of environmental protection and site rehabilitation. Obtaining permits can delay development for mon…
Golden Marlin plans follow-up at gold bet
Saskatoon-based Golden Marlin Resources (VSE) is planning a follow-up exploration program on the Northwest Gold joint venture property, near Yellowknife, N.W.T. Phase one of the program will include d…
Editorial Exploration versus lotteries
There is something wrong with a system that encourages people to spend money on government-operated lotteries while companies involved in mineral exploration go begging. Lotteries contribute nothing t…
Dayton issue active on Chile bet results
Shares of Dayton Developments (TSE) were active this week, as the latest results from a feasibility study at the wholly owned Andacollo gold project in Chile were released to the public. Dayton shares…
Conwest income reflects lower zinc prices
For the first nine months of the year, Conwest Exploration (TSE) reported net earnings of $9.7 million (62 cents per share) compared with earnings of $12.2 million (93 cents per share) during the same…
Breakwater confident about long-term goals
Despite recent setbacks, Breakwater Resources (TSE) believes its ability to produce low-cost, “clean” concentrates will secure its position as significant international zinc producer in the long term….
Permitting under way for Goldstake project
The Whitewood Creek gold tailings project near the Black Hills of South Dakota is in the initial stages of mine permitting, Goldstake Explorations (TSE) reports. Goldstake’s joint venture partner in t…