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Lloyd Montgomery Pidgeon

Lloyd Montgomery Pidgeon, a chemist who pioneered a process for producing magnesium, has died. He was 96.The son of a minister, Pidgeon was born in Markham, Ont., in 1906. He obtained a chemistry degr…


Producer and Dealer Prices (December 20, 1999)

Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex Mar. US$0.8085/lb.Indium: I…


Gold slides further still

Gold continued its slump as the Dow Jones industrial average climbed 53.52 points, or 0.5%, to 11,160.17 during the report period ended Dec. 14.The spot price slumped to US$280 per oz. on the Comex di…


Nickel production tapers off, demand steady

Nickel usage among top three consumers — U.S, Britain and Canada — has tapered off following a post-war high in 1948. The aerospace, automobile and construction sectors remain the largest consumers …



Kubaka helps Russian production

Gold production in Russia between January and October was more than 250,000 oz. higher than in the comparable period of 1998, according to figures released by the country’s Ministry of Economics.About…


Gold tumbles again as producers follow suit

Gold fell for a third consecutive week, slipping $3.45 during the Dec. 8-14 report period to a London fix of US$279.85 on the morning of Dec. 15. The Toronto Stock Exchange’s gold and precious metals …


Appeals court favours Freeport-McMoRan

A U.S. Court of Appeal has upheld an earlier ruling against an opponent of the giant Grasberg copper-gold mine in Irian Jaya, Indonesia, stating that the plaintiff, Thomas Beanal, failed to show that …


Writedowns take toll on Northern Orion

Northern Orion Explorations (NNO-T), further in the red following a series of writedowns attributed to its Mantua gold operation in Cuba, has arranged a refinancing with parent Miramar Mining (MAE-T)….


Canadian Venture Exchange rides bullish trend

The Canadian Venture Exchange posted an impressive gain of 122.1 points, or 5.7%, and closed the week ended Dec. 14 at 2,154.08. The bullish trend marks the largest one-week gain since the market’s in…


LME WHSE LEVELS (December 20, 1999)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 14/99 (change from Dec. 7 in brackets):Aluminium767550(-5400)…



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