METAL PRICES PRODUCER PRICES (January 21, 1991)
ALUMINUM: MW U.S. Market US70.00- 71.50 per lb. (Jan. 10, 1991). 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 …
1991
Greenland seeks to attract exploration
Faced with the recent closure of its only remaining metal mines, and a slump in both its fishing and oil sectors, Danish government authorities are attempting to increase exploration activity in Green…
U.S.REPORT Madison adds adjacent claims to mine property
Madison Grant Resources (COATS) has reached an agreement to acquire 40 mining claims from the president of the company. Madison hopes the additional claims, which lie adjacent to Madison’s gold-silver…
Greenstone extends gold zone on Panama property
The first two holes drilled by Greenstone Resources (TSE) on the company’s 49% owned Santa Rosa gold property in Panama have intersected encouraging results including 249 ft. grading 0.12 oz. gold per…
Prime Equities launched as public company
Headed by Chairman Murray Pezim and President Chet Idziszek, Prime Equities (VSE) was recently launched as a publicly trading company holding under its corporate umbrella interests in numerous resourc…
WGM wins contract with Zambian firm
Toronto-based consulting firm Watts, Griffis and McOuat has signed a contract with Zambia Consolidated Copper Mines to review the exploration potential in that African nation. The work is part of a pr…
OBITUARY John Morgan
John Morgan, an industrial minerals geologist, died recently. He was 76. Born in Winnipeg, Man., Morgan had a B.Sc. from the University of Manitoba and a Ph.D. from the University of Wisconsin. From 1…
Merger of JKS, Lamage
Robert Parsons, president of JKS Boyles, recently announced the merger of the JKS line of cutting and coring diamond tools with Lamage, a subsidiary of JKS Boyles since 1983. The new company will be n…
Vancouver Stock Exchange .Pezim continues to trade
The Vancouver Indices fared poorly over the week ended Jan. 15 as investors pulled their bids and hopped on the fence to wait out the next chapter in the Middle East crisis. The result was a 19.41-poi…
EDITORIAL PAGE Poison of protectionism
It will take strong leadership to tackle the vested interests — in all countries — that want protection from competition. Yet we know from experience that the poison of protectionism could aggravate…
Newfoundland doubles tax on claims
Newfoundland has doubled its tax on mineral holdings to encourage exploration on land not being worked. Beginning this month, the province is charging groundholders an impost of $6 per hectare, up fro…
METAL PRICES FUTURES PRICES (January 21, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 112.10 108.50 108.65 –7.05 Feb 111.00 108.70 108.75 –6.80 Mar 110.20 107.50 107.70 –6.70 SILVER (in US cen…