All is not well in metal markets. Behind the wall of strong worldwide demand, conflicts are developing as physical and financial sectors diverge. After the the latest surge in exchange worries and the…
Fears over what the upcoming federal budget holds in store kept investors on the sidelines and led the Toronto Stock Exchange to post a modest loss for the 5-day report period ended Feb. 21. The compo…
London Metal Exchange Spot closing prices in $US per tonne Date Feb. 21 Feb. 20 Feb. 17 Feb. 16 Feb. 15 Copper 2884-2885 2880-2881 2887-2889 2886.5-2887.5 2811-2812 Lead 583-584 581-583 573-574 572-57…
ALUMINUM: MW U.S. market US94.5-96.5 cents per lb. (Feb. 3, 1995). ANTIMONY: MW New York dealer US$2.40-2.50 per lb. (Jan. 27, 1995). BISMUTH: MW New York dealer US$3.80-4.00 per lb. (Jan. 20, 1995). …
Western markets remain on the critical list, with the Vancouver Stock Exchange’s composite index limping along at the 700 level, down more than 12 points during the report period ended Feb. 21. Gold’s…
An agreement with its project partner gives Eastmain Resources (CDN) a 100% interest in two exploration permits and 149 claims within the Eastmain River Greenstone Belt in northwestern Quebec. The jun…
Reverse-circulation drilling on the Mexican silver-gold project La Fortuna has identified two mineralized zones, the Central and the Northwest. War Eagle Mining (VSE) drilled 29 holes totalling 8,750 …
Limited drilling is planned for a pair of Lithos (ME) properties in the Joutel base metal camp of northwestern Quebec. Aur Resources (TSE) has budgeted $150,000 for two holes on the Charbon property a…
Toronto-listed Pan American Minerals is expanding its silver interests by purchasing a minority interest in Compania Minera Las Torras from a subsidiary of Homestake Mining (NYSE). The Mexican company…
New York-listed FMC Gold reported net income of US$600,000 for the recent fourth quarter, down $2.5 million from the same period last year. The closure of the Paradise Peak mill in Nevada and the Roya…
Higher nickel prices and increased output enabled Falconbridge (TSE) to post solid results for both the fourth quarter and the past year. For the quarter, the company earned $81.4 million (or 46 cents…
A subsidiary of St. Genevieve Resources (TSE), ITEC-Mineral, has determined that it can recover economic quantities of precious metals from tailings at its Norbec-Manitou mill in Val d’Or, Que. The su…
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