FUTURES PRICES (September 09, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sep 104.70 104.00 104.45 + 1.55 Oct 104.20 103.65 103.95 + 1.45 Nov 103.40 103.40 103.60 + 1.40 SILVER (in US cen…
News
Timminco attributes loss to weak demand for magnesium
Timminco’s (TSE) 50th anniversary celebrations have been marred by the release of financial results for the first half of the year. In the first six months, the magnesium producer lost $5.6 million (5…
Gaspesie signs titanium option
Gaspesie, Societe d’Exploration (ME) says it has signed an option to acquire, within three years, an ilmenite deposit containing a minimum of 10 million tons of ore grading 20% titanium oxide (TiO2). …
Spot prices at a glance (September 09, 1991)
Week’s Price (US) Change Gold* $348.60 – $ 6.70 Silver* $ 3.93 – $ 0.02 Platinum* $344.00 + $ 4.10 Nickel** $ 3.52 – $ 0.04 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.00 Zinc $ 0.46 – $ 0.00 Courtesy of…
Toronto Stock Exchange (September 09, 1991)
Leading economic indicators released during the week ended Sept. 3 continued to demonstrate that the recession in Canada has ended. But judging by activity before and after the Labour Day weekend, inv…
Toronto Stock Exchange Indices (September 09, 1991)
Sept 03 Sept 02 Aug 30 Aug 29 Aug 28 High Low Composite “300” 3504.86 HOLIDAY 3517.89 3514.88 3521.28 4009.47 3009.91 Metals & Minerals 3031.96 HOLIDAY 3081.75 3101.42 3116.42 3453.06 2502.63 Integrat…
EDITORIAL PAGE (September 09, 1991)
They’re not building mining towns anymore, and that may be just as well. But new mines can still contribute dramatically to the economic well-being of outlying areas and generally bolster regional dev…
Record output for Campbell
A record first-half gold production of 43,700 oz. was reported by Campbell Resources (TSE) from its Joe Mann mine near Chibougamau, Que. The mine also turned out 783,000 lb. copper for Campbell, which…
Unlisted Trading (September 09, 1991)
Unlisted market trading virtually ground to a halt during the week ended Sept. 3 as investors and brokers alike concentrated on enjoying the last long weekend of summer. The five most active stocks ra…
Metla drilling
A recent 10-hole diamond drill program carried out by Galico Resources (VSE) on the Metla property in northwestern British Columbia did not return any significant assay results. The program was design…
PRODUCER PRICES (September 09, 1991)
ALUMINUM: MW U.S. market US57.50-58.25 cents per lb. (Aug. 15, 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). CAD…
Alberta Stock Exchange (September 09, 1991)
Trading lightly during the week ended Sept. 3, Rembrandt Gold Mines gained five cents to close at 35 cents as VSE-listed Canarc Resource took control of the junior miner. The share transaction gives C…