Spot prices at a glance (September 30, 1991)
Week’s Price (US) Change Gold* $352.40 + $4.40 Silver* $ 4.24 + $0.15 Platinum* $357.50 + $2.75 Nickel** $ 3.44 – $0.02 Lead** $ 0.24 …. Copper $ 1.06 + $0.03 Zinc $ 0.46 – $0.01 Courtesy of Scotiab…
News
Copper futures at 5-month high
The expectation in London that economic and political problems in South Africa will soon affect copper supplies recently drove futures prices to a 5-month high of US$1.10 per lb. But Richardson Greens…
Unuk drilling sparks market activity
Drilling on the Unuk project in the Eskay Creek region of northwestern British Columbia is generating some market excitement, particularly in the two junior companies involved. Granges (TSE) recently …
TORONTO STOCK INDICES
Sept 24 Sept 23 Sept 20 Sept 19 Sept 18 High Low Composite”300″ 3398.10 3396.61 3407.09 3411.95 3418.48 4009.47 3009.91 Metals & Minerals2893.55 2873.74 2894.73 2915.43 2919.88 3453.06 2502.63 Intergr…
Curragh opens new coal mine
Brokers from central Canada recently had their first look at the new underground coal mine here which will provide security for Curragh Resources’ (TSE) latest private placement. Cash flow from the We…
Noront cuts deal with McKinnon
Toronto-based Noront Resources (VSE) has entered an agreement with prospector Don McKinnon to acquire a 60% interest in the Hurdman Twp. base metal and Clavos West gold properties in northern Ontario….
Toronto Stock Exchange (September 30, 1991)
Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…
Guest Column; Business must practise what it preaches
The Canadian business community faces a crisis of confidence in our credibility with the general public. Too many Canadians believe that we, the business community, do not operate in a manner that ben…
METAL PRICES (September 23, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sep 17 Sep 16 Sep 13 Sep 12 Sep 11 Copper 1309-1310 1320-1321 1339-1340 1338-1340 13…
Copper price shows strength despite Gulf War, slow growth
Copper prices have shown “remarkable resilience” since the beginning of 1991, despite the Persian Gulf War and faltering global economic growth, said London-based investment firm Carr Kitcat & Aitken …
Gold in Ontario
The first gold discovered in the Canadian Shield was in 1866 when Marcus Powell discovered a cave whose walls contained “gold in the form of leaves and nuggets.” Since then there have been major gold …
Inland Gold looks for new mine
Inland Gold & Silver (NASDAQ), the Washington-based affiliate of Pegasus Gold (TSE), is on the lookout for a new mine to replace its Toiyabe heap leach gold operation near Crescent Valley, Nev. In the…