News

Labelling scrap `hazardous’ could cut smelter feed

Proposed legislation governing cross-border shipments of hazardous waste threatens to put the recycling divisions of some of Canada’s biggest mining companies out of business. The mining industry says…


BOOKS IN REVIEW Handy guide to essential data

Observations on Canada’s mining industry are enhanced with credible, reliable data on the quantity and value of minerals produced. The 1990 edition of the annual Mining in Canada: Facts & Figures prov…


PRODUCER PRICES (December 24, 1990)

ALUMINUM: MW U.S. Market US69.25- 71.25 per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CADMIUM: New Y…


Grizzly Creek finds gold in Philippines

The first results from a 990-ft. drill program on Grizzly Creek Resources’ (VSE) Capas gold property in the Philippines indicate the presence of a low-grade gold zone lying just below the surface. Two…



Timmins nickel has good quarter

Record production from Timmins Nickel’s (TSE) 51% owned Redstone nickel mine near Timmins, Ont., added up to a profitable second quarter for the Toronto- based company. Timmins Nickel reported net inc…


Mimiska copper find

A new nickel-copper-platinum showing has been discovered by Societe Miniere Mimiska (ME) on its recently optioned Contact Bay property near Dryden, Ont. Mimiska can earn a 100% interest in the claims …



Westmin reviewing viability of Premier

Persistent losses at the Premier Gold gold- silver mine near Stewart, B.C., have 60% owner Westmin Resources (TSE) reviewing the project’s future. The company is reviewing its ore reserves once again,…


FUTURES PRICES (December 24, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 113.10 111.80 111.90 + 2.20 Jan 112.50 111.00 111.20 + 1.70 Feb 111.20 110.40 111.10 + 1.80 SILVER (in US cen…


Barrick, Messeguay sign Launay option

The Quebec subsidiary of American Barrick Resources (TSE) recently signed an agreement allowing it to earn a 75% stake on four of Messeguay Mines’ (ME) Launay-Privat gold claims. Situated 30 miles nor…



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