Hottest base metal (January 01, 1990)
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
News
Editorial Entering a new decade
When looking ahead to a new year it is often helpful to look back for a hint at what the future holds. No one knows what developments will take root and grow into the major issues of the months and ye…
Books (January 01, 1990)
The CRC Practical Handbook of Physical Properties of Rocks and Minerals, proposed by leading specialists, has been prepared as a comprehensive source of basic information. The technical data have been…
Metal Prices FUTURES PRICES (January 01, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan108.50 107.90 107.90 + 3.10 Feb108.20 107.85 107.80 + 3.20 Mar108.30 106.70 10…
Piedmont Mining back in red
Black ink turned to red for Piedmont Mining (NASDAQ) in its third quarter ended Sept 30. The company reported a loss of $411,925(US) for the period, pushing 9-month results into a loss of $399,583 or …
Frame ends talks with Giant to buy interest in Pamour
Attempts by Clifford Frame to find a buyer for the Pamour group of companies owned by Giant Resources of Australia have come to nought. The Australian parent says talks with Toronto-based Frame Mining…
Metal Prices (January 01, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 26 Dec 25 Dec 22 Dec 21 Dec 20 Copper …
Greenstone drilling Gold Creek property
A diamond drilling program is scheduled to start this month on the Gold Creek property owned by Greenstone Resources (TSE) and Dragoon Resources (VSE) in British Columbia. The 38,585-acre property is …
Shareholders get top dollar as Falconbridge sale unfolds
It was no secret that Alf Powis and Noranda Inc. (TSE) wanted Falconbridge Ltd. Noranda had been foiled once before in a takeover bid for the free world’s second largest nickel producer and its lucrat…
Individuals leave lasting impression on mining’s map
It’s easy to forget that the multi million-dollar industry runs as much on people as it does on mines and stocks. In 1989, some in the business made millions while others lost all. Murray Pezim, for o…
Editorial Jan 8, 1990 An old view on free trade
Henry George, an ardent American proponent of free trade 100 years age, made these comments which still hold meaning today: It might be in the interest of lighting companies to restrict the number a…
Gold slump hurts Yukon, base metals activity up
A swing back to base metals and a renewed interest in copper highlighted the past year’s mineral exploration season despite a significant downturn, a federal geologist told the annual Geoscience Forum…