Metal Prices FREE MARKET (April 29, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 23 April 22 April 19 April 18 April 17 Copper 1451-1453 1489-1491 1458-1460 14…
News
FUTURES PRICES (April 29, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 110.10 108.40 108.60 +0.45 May 110.50 108.50 108.70 +0.15 Jun 109.50 108.50 108.50 +0.45 SILVER (in UScl per oz.)…
U.S. REPORT Arimetco planning to increase Yerington mine’s copper
Ron Shipes, president of Arizona-based Arimetco International (TSE), recently revealed the latest stage in his plan to build Arimetco into a significant player in the North American copper industry. W…
NEWS IN BRIEF Valerie Gold Resources Ltd.
Valerie Gold Resources Ltd. (VLG:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
Belmoral pins hopes on Aur drill program
Like many companies that have sold off assets in a bid to pay off a crippling debt load, Belmoral Mines (TSE) is facing a vastly more limited horizon than the one it contemplated as recently as two ye…
INSIDER TRADING Bema executives active sellers
While Bema Gold (TSE) is aggressively attempting to boost its gold production at projects in Idaho, Arizona and Chile, the company’s top executives have been active players in the stock market. Back i…
Falconbridge plans Raglan ramp
Falconbridge has elected to spend $35 million over the next 18 months on an underground exploration program designed to evaluate the potential of its Raglan nickel project in Ungava, Que. The decision…
PEOPLE REDWING RESOURCES
Jefferey Johnson elected president replacing Neil Anderson; Kevin Johnson appointed a director and secretary; Dennis Fitzmaurice appointed a director.
NEWS IN BRIEF International Potential Explorations Inc.
International Potential Exploration Inc. (IEP:VSE) has changed its name to Banyan Industries International Inc.
EDITORIAL Interprovincial trade barriers must go
Nations of the world are rapidly forming trade alliances to create larger trading blocks — except Canada where interprovincial trade barriers are still considered an effective means to protect region…
LETTERS TO THE EDITOR Little reaction to land forfeiture
I read your article on “Catear forfeits Goldwedge for failure to pay $45 fee” (T.N.M., Mar. 25/91). Does this mean that Catear is now almost worthless? This is gross negligence. I thought that propert…
Penna faces OSC charges
Paul Penna, president of Agnico-Eagle Mines (TSE) and Goldex Mines (TSE), has been charged with two counts of illegal insider trading under the Ontario Securities Act. The charges relate to two incide…