Seven holes recently completed at Glimmer Resources (TSE) Beatty-Hislop gold property near Matheson, Ont., failed, with one exception, to intersect significant mineralization. Hole 54 intersected a 2…
News that Japanese automaker Nissan has developed a platinum-free catalytic converter recently sent platinum futures prices in New York falling and palladium prices climbing. It was a brief market fl…
Public companies have to walk a fine line when it comes to public disclosure. They want to keep existing investors up to date and attract potential investors with information about their current work,…
After nearly a decade since their discovery, the three Hemlo mines are now passing their peak productive years. The Williams mine, owned 50-50 by Teck (TSE) and Corona (TSE), will post a production …
Up five cents to close at 70 cents for the week ended June 4, Northfield Minerals has started work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within two mo…
Employees at Noranda’s (TSE) Central Canada potash mine recently voted 66% in favor of a new 2-year wage contract that provides for a 10.2% wage increase over the life of the contract. Set to expire A…
Toronto-based MVP Capital (TSE) is preparing to make an exchange offer to European holders of 13.3 million Swiss Francs ($10.7 million) worth of secured convertible bonds. Assuming MVP can raise the n…
A liquid sulpher dioxide plant will be built at the Kidd Creek mine in Timmins, Ont., following an agreement between Falconbridge and Masulex, a major supplier of SO2 and sulphuric acid. Under the agr…
The sale of Kennecott’s interest in the North and South Kemess properties is now complete with the payment of $3.5 million by El Condor Resources (VSE). El Condor now has a 100% interest in the North…
After completing a first-stage exploration program on the Talapoosa property owned by Athena Gold (VSE), a unit of Placer Dome (TSE) opted to drop the Nevada gold property. Placer had the right to ea…
ALUMINUM: MW U.S. Market US59.25-60.25 cents per lb. (May 23, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CAD…
N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Jun 99.30 98.20 99.30 + 0.60 Jul 99.50 98.20 99.40 + 0.20 Aug …
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