Metal Prices FREE MARKET (February 11, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date February 5 February 4 February 1 January 31 January 30 Copper 1192-1194 1200-1202 12…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date February 5 February 4 February 1 January 31 January 30 Copper 1192-1194 1200-1202 12…
The U.S. mining industry “never before has faced as many challenges” as it does this year, according to the chairman of the American Mining Congress (AMC), Milton Ward, who also is president of Freepo…
Belmoral Mines (TSE) has withdrawn its offer to acquire working and ownership interests in the Magino and Magnacon gold projects, near Wawa, Ont. .TBelmoral says that current gold prices dissuaded the…
What’s with the price of gold today? The Berlin Wall tumbles, the Soviet Union tries to turn a new page, oil jumps to US$40 per barrel (for a brief period, anyway) and war breaks out in the Persian Gu…
There are probably as many beefs about government spending as there are Canadians (T.N.M., Jan. 21/91). One could point to the continual waste by CIDA and most recently the $14 million spent on the Ya…
Contrary to previous reports (T.N.M, Feb. 4/90), James Hunter’s legal action against Gold Bar Resources (COATS) has not been dismissed. Hunter’s application for an injunction against Gold Bar has been…
After filing for protection under Chapter 11 of the U.S. bankruptcy code, Bunker Hill Mining (TSE) has ceased operations at its underground zinc-lead-silver mine near Kellogg, Idaho. The company laid …
Major mining companies are quietly taking on a stronger presence in the Canadian mineral industry these days. While this might seem a novel state of affairs for junior companies that began life in the…
The Ontario Ministry of the Environment has asked United Reef Petroleums (TSE) to clean up a lake contaminated by mining waste rock over 80 years ago. Because United currently holds the lease on the l…
In the late 1950s, the Soviets were the first to study the viability of using soil bacteria to locate ore. Since then others have followed suit. Nancy Parduhn, president of Cereus Exploration Technolo…
Drilling started this month on two gold properties under option to Goldbelt Mines (VSE) from Glen Auden Resources (TSE) in northern Ontario. The first property, comprising 219 claims, is in Moody Twp….
Judging by the improved volumes, investors have decided the time is right to play a more active role. For the week ended Feb. 5, daily trading volumes ranged between 6.1 million and 7.8 million shares…
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