News

Sikaman gold to buy placer mine

In keeping with plans to shift its focus toward North America, Sikaman Gold Resources (TSE) is set to purchase and develop the Sol Wood placer gold mine in California as soon as financing is available…


FUTURES PRICES (January 06, 1992)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 98.30 97.40 97.70 0.00 Feb 98.20 98.20 98.05 + 0.25 Mar 99.10 98.10 …. SILVER (in US cents per oz.) Jan 385…


Metal Prices (January 06, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 31 Dec 30 Dec 27 Dec 26 Dec 25 Copper NA 1165-1166 NA NA NA Lead NA 295-296 NA N…


Producer Prices (January 06, 1992)

ALUMINUM: MW U.S. market US50.75-51.25 cents per lb. (Dec. 19, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…


INSIDER TRADING (January 06, 1992)

A number of Sherritt Gordon (TSE) insiders including Curragh Resources (TSE) were actively buying and selling shares of the Toronto-based nickel refiner and fertilizer producer. According to the Ontar…



PDAC TURNS 60 (January 01, 1992)

In the midst of the Great Depression, 60 years ago, a group of prospectors passed round a hat at the inaugural meeting of what is today the Prospectors and Developers Association of Canada. They colle…




MINERAL REVIEW AND FORECAST: BASE METALS; NICKEL

Demand for nickel in the Western World was flat which, in combination with increased production and higher exports from Russia, resulted in weak prices. Spot nickel prices on the London Metal Exchange…


A FOND FAREWELL (January 01, 1992)

Appropriately, it was in 1964, the year the Kidd Creek geophysical discovery exploded into public prominence, that Dr. Peter Hood created his first comprehensive review of the world of geophysical ins…


50 YEARS AGO (January 01, 1992)

FOREIGNERS PROMINENT AT KIRKLAND STRIKE The strike at Kirkland Lake is now in its seventh week. The financial assistance which was to have come in from sympathetic unionists has proven scanty. One pow…


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