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…
1990
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.
NEWS IN BRIEF Int’l Precious Metals Institute
The International Precious Metals Institute (IPMI) will hold a seminar, Jan. 20-22, in Las Vegas, Nev., with Barry Davison as the featured speaker. Managing director of Rustenbury Platinum Mines, Davi…
Merger a possibility for Denison
The list of possible solutions to the financial problems facing Denison Mines (TSE) has been expanded to include a merger with another interested party, newly appointed President Bill James confirmed …
Majors vie for control of Eskay Creek
The Eskay Creek project north of Stewart, B.C., generated plenty of drama and intrigue during 1990 as it moved from an exploration project to a more advanced development stage. The cast of players inv…
Jonpol plans drilling on new claim block
Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…
Stratmin making rights offering
Montreal-based Stratmin (ME) is hoping to receive about $6 million from a rights offering. Holders of the company’s A shares, as of the close of business Dec. 19, will receive three rights for each sh…