Metal Prices FREE MARKET (July 09, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 3 July 2 June 29 June 28 June 27 Copper 1495-1496 1497-1499 1533-1535 1474-1476…
News
Moss Lake tops list of Tandem`s projects
Despite the current difficult financing climate in the junior mine sector, Tandem Resources (ME) will be “very active” this year, President Stanley Hawkins told the annual meeting, with high interest …
Production planned for Grand Teton
The first gold and silver dore bar was recently poured at the Adelaide Crown open pit gold mine in Humboldt Cty., Nev. The mine is operated by Gold King Consolidated (NASDAQ), which leased the propert…
COATS (over-the-counter) Mount Wright wins NSR
After a 9-year legal battle, Mount Wright Iron Mines has finally won the proceeds from a 1% net smelter royalty on production from Exminesa’s Rubiales mine in Spain. A Spanish court has ordered Exmine…
Gratton to head Asbestos Institute
A former minister of revenue for the Liberal government in Quebec, Michel Gratton, has been appointed president of The Asbestos Institute, which has its headquarters in Montreal. Gratton, who served a…
U.S. investors back Sheridan despite Madeleine uncertainty
One of Madeleine Mines’ (TSE) biggest shareholders is satisfied the company’s Lac des Iles palladium project near Thunder Bay, Ont., is progressing into production even though it has not met early dea…
Canadian Mineral Industry Education Foundation
The Canadian Mineral Industry Education Foundation, now in its 25th year, has expanded the eligibility categories for its scholarships. Ordinarily, the foundation offers undergraduate and some post-gr…
Corrections Melinga Resources
Melinga Resources (VSE) is based in Vancouver and in London, England. A previous story (T.N.M., July 2/90) had the company situated elsewhere.
Ireland bans mining on `holy’ mountain
The Irish government will prevent a small exploration company from mining gold on what is called a “holy” mountain in the south of Ireland. Although Burmin has a licence to explore for gold on the wes…
Soviet delegates to meet Alaskans
The 15th annual convention and trade fair of the Alaska Miners Association will be held Nov. 5-9 at the Hotel Captain Cook in Anchorage. Speakers from the Soviet Union plan to exchange ideas and techn…
Teck part of bid to buy Mexican copper operation
A consortium of Canadian, West German and Mexican interests is offering to buy the bankrupt Cananea copper mine from the Mexican government. The consortium, known as Cupriofera Cananea, submitted the …
MinVen acquires gold prospect
Blackdome Mining, a wholly owned subsidiary of MinVen Gold (TSE), recently entered into an agreement to acquire a group of four claims known as the Elizabeth property, 19 miles south of the Blackdome …