1991

Arimetco gets copper values above Ann Mason deposit

Copper oxide specialist Arimetco International (TSE) recently obtained some encouraging results from drilling at a huge copper deposit located three miles from its Yerington mine in Nevada. The revers…


Merge of Rio not on Uranium agenda

The proposed merger of Rio Algom (TSE) and in situ leaching specialist Uranium Resources (TSE) will not be discussed at Uranium’s Nov. 7 annual meeting in Dallas. The Texas company has twice postponed…


Spot prices at a glance (October 21, 1991)

Week’s Price (US) Change Gold* $356.40 – $1.20 Silver* $ 4.05 – $0.03 Platinum* $365.75 + $9.00 Nickel** $ 3.35 – $0.07 Lead** $ 0.23 – 0.01 Copper $ 1.07 – 0.01 Zinc $ 0.44 – 0.01 Courtesy of Scotiab…


Companies face criminal charges

Criminal charges have been laid against Royal Oak Mines (TSE) (and its predecessor, Pamour Inc.) by the Ontario Ministry of the Environment in connection with the Oct. 17, 1990, tailings spill at the …


NEWS ROUNDUP (October 21, 1991)

Because of recent changes in management and the threat of another mail strike, Toronto-based Madeleine Mines (TSE) has postponed its annual meeting until further notice. The annual meeting was schedul…


Platinum cube

It has been estimated that if all of the platinum ever mined in the world was formed into a cube, the cube would measure about 15×15 ft. on each side. South Africa and the Soviet Union supply most of …


Financing progress for Parys

Raising money for new mine projects is no easy task for junior companies these days, which explains the slow but steady progress being made by Imperial Metals (TSE) to arrange financing for the Parys …


McKee takes on some risk of cost overruns at Refugio

Vancouver-based junior Bema Gold (TSE) has taken advantage of the competition between engineering firms to narrow the risk of building its 50% owned Refugio gold project in Chile, says Chairman Clive …


The facade of Soviet mining

Editor’s note: The president of Toronto-based Franco-Nevada Mining Corp., Pierre Lassonde, wrote about his summer trip to the Soviet Union, extractions of which follow. On Aug. 1, 1991, I left New Yor…



U.S. REPORT (October 21, 1991)

Despite its success with the Crown Jewel and Kettle River projects in northeastern Washington state, Crown Resources (VSE) does not appear willing to rest on its laurels. Crown is actively searching f…


FUTURES PRICES (October 21, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 105.95 104.80 105.60 – 2.40 Nov 105.15 104.30 105.00 – 2.00 Dec 104.50 102.80 104.10 – 1.90 SILVER (in US cen…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close