1991

Prime to build Iskut Valley road

The British Columbia government will provide financial assistance to Prime Resources Group (VSE) to build the 38-km portion of the Iskut Valley road west from Highway 37 to the Volcano Creek junction….


Copper combates zebra mussels

According to a recent report in Canadian Copper, a study is under way at the University of Toronto to evaluate the effectiveness of using copper and copper alloys to prevent the adhesion of zebra muss…


TORONTO STOCK EXCHANGE INDICES (April 22, 1991)

Apr. 16 Apr. 15 Apr. 12 Apr. 11 Apr. 10 HIGH LOW Composite”300″ 3539.73 3516.43 3509.39 3504.84 3494.06 4009.47 3009.91 Metals & Minerals3147.92 3120.02 3123.67 3116.87 3079.56 3453.06 2502.63 Integra…


U.S. REPORT New assay standards available

According to the Nevada Bureau of Mines and Geology, there are widespread reports among prospectors and geologists of specific laboratories or assayers whose results are suspect, unreliable or unverif…


U.S. REPORT ASARCO signs new wage deal

New York-based metals producer Asarco (NYSE) has signed a new 3-year wage deal with the United Steelworkers union which represents 130 employees at the company’s Glover, Miss., smelter and refinery. T…



Hillsborough profit up

Higher contract revenues from the Westray coal project in Nova Scotia and the Mt. Hundere lead-zinc project in the Yukon helped Hillsborough Resources (TSE) double its profit in the first quarter of t…


Geology makes Red Lake high-potential area

Red Lake is still one of the high potential mining camps of Ontario, according to regional geologist Brian Atkinson. The primary reason is clearly the geology despite the widespread covering of overbu…


Judge queries Pezim case ruling

A judge with the British Columbia Supreme Court disagrees with part of a ruling of the B.C. Securities Commission concerning a case against promoter Murray Pezim and two associates over insider-tradin…


Pilot plant next step for Peat

If Peat Resources (CDN) is successful in securing private sector financing, the company will construct a $4.5-million pilot plant to produce tonnage-scale quantities of peat fuel. Peat President Leon …


Potash Corp. profit up

The first-quarter profit of Potash Corp. of Saskatchewan is expected to be in the range of $11-13 million, up from $3.6 million in the year-earlier period, said Chairman Charles Childers. Childers rec…


FUTURES PRICES (April 22, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 108.35 108.10 108.15 +1.45 May 108.80 108.10 108.55 +1.40 Jun 108.05 107.95 108.05 +1.65 SILVER (in UScl per oz.)…


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