PRODUCER PRICES (August 26, 1991)
ALUMINUM: MW U.S. market US57.75-58.50 cents per lb. (Aug. 8, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (July 18, 1991). CADM…
News
PEOPLE (August 26, 1991)
William Trimble appointed president and director; Fraser Martin appointed secretary/director.
BOOK BRIEFS (August 26, 1991)
Yesterday, Today and Tomorrow, by Matt Bray and Ross Danaher. Published by The Association of Mining Municipalities of Ontario. 45 Hillside Drive North, Elliot Lake, Ont. P5A 1X5. 38 pages. The Associ…
Cambior shifts to base metals with U.S. acquisition
Gold producer Cambior (TSE) has made a move into the base metal field south of the border by acquiring a company with copper prospects in Arizona, Idaho and Nevada. A wholly owned subsidiary, Cambior …
EDITORIAL PAGE (August 26, 1991)
The failure of gold to react to the crisis in Moscow is clear evidence that gold is just another commodity on the world’s trading markets. But then the world has become blase about political crises al…
Minnova options Murgor claims
Exploration is under way at Murgor Resources’ (VSE) gold property in Fancamp Twp., Que., south of Chibougamau, Que., following an agreement between Murgor and Minnova (TSE). Under the option deal, Min…
Contest winner visits Sudbury
Winner of an all-expense paid 3-day trip to Sudbury at the end of July, the grand prize in an Ontario Mining Week contest organized in June by the Ontario Mining Association (OMA), was Caroline Jung, …
Ontario gives grants worth $4 million for exploration
Ontario’s Ministry of Northern Development and Mines approved 420 applications representing $4 million in grants for funding this year under the Ontario Prospectors Assistance Program (OPAP), the mini…
Citadel finds new zones in Jamaica
Grab samples from an old trench on the Job’s Hill property in Jamaica have returned assays of up to 8.9% copper, 0.14% molybdenum, 0.12 oz. gold per ton and 2.2 oz. silver for Citadel Gold Mines (TSE)…
Galactic cuts first-half loss while Ridgeway output falls
The net loss for Galactic Resources (TSE) totalled US$2.15 million during the 1991 first half, compared to net income of US$6.98 million in the same period last year. The loss includes an after-tax ga…
Crown hurt by drop in Kettle River’s grade
Lower grades as well as slightly lower recoveries at the 30% owned Kettle River gold mine in northeastern Washington are reflected in this year’s first-half results for Crown Resources (VSE). Crown re…
TORONTO STOCK EXCHANGE INDICES (August 26, 1991)
Aug 20 Aug 19 Aug 16 Aug 15 Aug 14 High Low Composite “300” 2485.26 3484.61 3527.54 3534.44 3541.83 4009.47 3009.91 Metals & Minerals 3033.77 3040.22 3061.76 3091.39 3076.54 3453.06 2502.63 Integrated…