Spot prices at a glance (July 09, 1990)
Week’s Price (US) Change Gold* $361.25 + $10.95 Silver* $4.94 — $0.13 Platinum* $488.75 + $10.00 Nickel** $3.90 + $0.01 Lead** $0.41 + $0.02 Copper- $1.20 + $0.05 Zinc– $0.75 — $0.05 Courtesy of Sc…
Articles by Northern Miner Staff
PRODUCER PRICES (July 09, 1990)
ALUMINUM: MW U.S. Market US72.25- 74.25 cents per lb. (Jun. 21, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 21, 1990). C…
Skyline shuts Johnny Mountain
After spending almost two years in a fruitless struggle to achieve profitability, Skyline Gold (TSE) plans to suspend mining operations this fall at its Johnny Mountain gold project in northwestern Br…
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 …
Rea options copper prospect
A copper prospect 12 miles north of the producing Samatosum mine near Kamloops, B.C., was recently optioned by Rea Gold (TSE). Rea can earn a 100% interest in the 4,100-acre property by paying $200,00…
Blue Dog drilling confirms good values
Associated companies Gold Canyon Resources (VSE) and Bradner Resources (VSE) continue to report encouraging results from drilling on the Adit zone at the Blue Dog property in Washington Cty., Idaho. T…
NEWS IN BRIEF Goldbrae Developments Ltd.
Goldbrae Developments Ltd. (GOB:VSE) has changed its name to New Goldbrae Developments Ltd (NGG:VSE) and consolidated on a 1-new-for-5-old basis. Montreal Trust is the transfer agent.
Toronto Stock Exchange Indices (July 09, 1990)
July 3 July 2 June 29 June 28 June 27 HIGH LOW Composite “300” 3559.90 Holiday 3543.93 3529.92 3519.28 4009.47 3334.1 Metals & Minerals 3262.24 Holiday 3208.54 3185.97 3164.61 3453.06 2850.84 Integrat…
EDITORIAL The clash of Titans
From the mucker to the mine manager, from the shift boss to the chief executive officer, there are probably more dynamic individuals in the mining business than any other. The industry is in the busin…
Montreal Exchange Aur, Louvem talking
The market took a turn for the better during the holiday-shortened week ended July 3. The mining and minerals index showed a gain of more than 65 points and the general market portfolio index jumped b…
Alberta Stock Exchange Indigo in option deal
An option to earn a 50% interest in the New 3, New 4 and Joy 12 claims in the Iskut gold camp of northwestern British Columbia has been acquired by Indigo Gold Mines from VSE-listed International Pris…