News

50 YEARS AGO (January 01, 1992)

FOREIGNERS PROMINENT AT KIRKLAND STRIKE The strike at Kirkland Lake is now in its seventh week. The financial assistance which was to have come in from sympathetic unionists has proven scanty. One pow…


PDAC TURNS 60 (January 01, 1992)

In the midst of the Great Depression, 60 years ago, a group of prospectors passed round a hat at the inaugural meeting of what is today the Prospectors and Developers Association of Canada. They colle…



MINERAL REVIEW AND FORECAST: BASE METALS; NICKEL

Demand for nickel in the Western World was flat which, in combination with increased production and higher exports from Russia, resulted in weak prices. Spot nickel prices on the London Metal Exchange…





Ten new copper smelters planned

Plans for at least 10 new copper smelters worldwide are under consideration, reports the U.S. Bureau of Mines. But although big copper producers like Chile are expected to proceed with construction, C…


Vancouver Stock Exchange (December 30, 1991)

Despite a generally “grinchy” outlook as the year draws to a close, both the resource and composite indices managed to post small rebounds during our report period ended Dec. 23. The resource index ad…


Gold found in Southern England

Southern England, hardly a hotbed of mineral exploration, has recently stirred the interest of the British Geological Survey’s (BGS) minerals group. After students submitted gold-bearing soil samples …


Westar takes coal price cut

The contract price for metallurgical coal exports to Japan from the two mining operations owned by Westar Mining (TSE) in southeastern British Columbia has been cut by US50 cents per tonne. The price …


Spot prices at a glance (December 30, 1991)

Week’s Price (US) Change Gold* $359.40 + $1.90 Silver* $ 3.90 + $0.01 Platinum*$339.85 – $8.90 Nickel** $ 3.25 + $0.01 Lead** $ 0.25 + $0.01 Copper $ 0.98 $0.00 Zinc $ 0.53 + $0.01 Courtesy of Scotiab…


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