Metal Prices FREE MARKET (December 31, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 25 Dec 24 Dec 21 Dec 20 Dec 19 Copper N/A N/A N/A 1315-1317 1288-1289 Lead N/A N…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR Engineers deserve due regard for their know-
Were Mr. Smith a mining engineer, he would know that some mines can and do operate without concentrators. But no concentrator can operate without a productive mine not very far away. Indeed, a partial…
COATS (over-the-counter) Drilling near Card Lake
Drilling is scheduled to begin on a property adjacent to Card Lake Resources’ 5-claim package in Holloway Twp., Ont., at the beginning of January. Noranda will be testing the so-called Cadden claims f…
Falling metal prices hurt commodity index (December 31, 1990)
Hurt by declines in three of its four sub-indices, the all-commodity price index of Scotiabank fell by 3.6% in November compared with the previous month. The metals and minerals sub- index tumbled by …
METAL PRICES PRODUCER PRICES (December 31, 1990)
ALUMINUM: MW U.S. Market US69.25- 71.25 cents per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
NEWS IN BRIEF Comp-U-Software Ltd.
Comp-U-Software Ltd. has changed its name to Nucore Resources Ltd. (NCR:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.
People AKIKO-LORI GOLD
Paul Sorbera appointed vice-president and Albert Raponi appointed secretary.
People BUNKER HILL MINING
Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.
People MUSTO EXPLORATIONS
Lukas Lundin appointed president and director succeeding Lutz Klingmann who resigned.
People DICKENSON MINES AND WHARF RESOURCES (December 31, 1990)
Robert McEwen appointed president of these companies succeeding David Libby who resigned; John Cook appointed both companies’ vice- president of operations.
Moss-Power picks up options on ground in Wisconsin belt
Options on 50,000 acres of ground along the Rhinelander- Ladysmith greenstone belt in Wisconsin will go to Moss-Power Resources (TSE), following an agreement between Moss-Power and Wisconsin Resources…
Freewest reserves explanding _ New figure out soon
Partners Noranda (TSE) and Freewest Resources (TSE) are likely to announce a major increase in reserves soon for the Lightning gold zone on their Holloway project near Matheson, Ont. At the beginning …