Metal Prices (January 06, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 31 Dec 30 Dec 27 Dec 26 Dec 25 Copper NA 1165-1166 NA NA NA Lead NA 295-296 NA N…
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Producer Prices (January 06, 1992)
ALUMINUM: MW U.S. market US50.75-51.25 cents per lb. (Dec. 19, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
Corona announces plans to merge Prime, Stikine
Minority shareholders of Stikine Resources will have the opportunity in early 1992 to tender their shares to International Corona (TSE) in exchange for preferred shares of Corona at $70 per share. The…
Montreal Exchange (January 06, 1992)
Daily trading volumes plummeted during the holiday-shortened week ended Dec. 30, but both the general market portfolio index and the mining and minerals index soared. The former gained 51.6 points and…
Northgate offering delayed for now
Toronto-based Northgate Exploration (TSE) has delayed its rights offering and the terms of the offering may change. The company says the offering has not received the anti- cipated final regulatory ap…
Metal prices boost commodity index
Stronger zinc, gold and copper prices more than offset weaker nickel, lead and aluminum prices in November, helping the commodity price index of Scotiabank edge up for the second straight month. Howev…
1991 — A Look Back (January 06, 1992)
Low metal prices and a nation-wide recession shattered central Canada’s once vibrant mining sector in 1991. As mines closed, balance sheets bled and exploration geologists fled to more hospitable envi…
There’s only one way for metal prices to go — up
As predicted by John McOuat, president of Watts, Griffis and McOuat, and other mining executives, 1991 was a dismal year for exploration in Canada. While junior miners had problems raising risk capita…
A FOND FAREWELL (January 01, 1992)
Appropriately, it was in 1964, the year the Kidd Creek geophysical discovery exploded into public prominence, that Dr. Peter Hood created his first comprehensive review of the world of geophysical ins…
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…
THE 60TH PDAC CONVENTION: FLOOR PLAN & EXHIBITOR LIST (January 01, 1992)
Dates: March 29 – April 1 Place: Royal York Hotel, Toronto Acme Analytical Labs Ltd. 225 Activation Laboratories Ltd. 58 Aerodat Limited 31 Aerodat Limited 32 Alberta Geological Survey 266 Barringer L…