PRODUCER PRICES (July 22, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
News
EDITORIAL PAGE Guest Column – Mining is engine that drives
The health of our economy in the north has been and will continue to be directly related to the number of mines and processing facilities in the area. The city fathers of Timmins, Ont., have recognize…
NEWS IN BRIEF Val D’Or Resources Inc.
Val D’Or Resources Inc. (VRE:ME) has changed its name to Consolidated Val D’Or Resources Inc. (CVI:ME) with a consolidation of capital on a 1-new-for-15-old-share basis.
Aurizon options Hoblitzell claims
Having recently obtained the right to earn a 60% stake in Hoblitzell Twp. claims held jointly by Golden Dragon Resources (VSE) and Glen Auden Resources (TSE), Aurizon Mines (TSE) is preparing to start…
Spirit Lake spends $1 million working Edwards prospect
Toronto-based Spirit Lake Explorations (TSE) will conduct surface drilling and underground bulk-sampling work this summer at its high-grade gold project east of Wawa, Ont., according to a recent finan…
Van Ollie raises exploration funds
Marchment & MacKay, underwriter for Van Ollie Explorations (CDN), has exercised a compensation option to purchase 1.36 million common shares of Van Ollie at 13 cents per share. The option was granted …
Brunswick M&S serious about plant cleanup
Brunswick Mining & Smelting (TSE) is doing its best to improve working conditions at the Belledune smelter in New Brunswick where 110 workers were found to have unacceptably high levels of metal in th…
Program at Samatosum hits zone with coarse, visible gold
Drilling within the Samatosum mine area has intersected a new zone of gold mineralization. The Samatosum open pit silver-copper-zinc-lead-gold mine is near Adams Lake, B.C., and is 70% owned by Minn…
INSIDER TRADING VSM consultant sells shares
Former VSM Exploration (TSE) director Gilles Tremblay recently sold a considerable portion of his holdings in the 53.9% owned affiliate of gold miner Placer Dome (TSE). According to the Ontario Secur…
Paymaster stake off the block
More than halfway through a 10,000-ft. underground program at the Paymaster gold mine project near Timmins, Ont., Placer Dome (TSE) and American Reserve Mining (ME) continue to intersect strong widths…
Silver price won’t give in
The price of silver, which in early June received a boost from a bullish report by The Silver Institute of Washington, D.C., continues to trade well in New York. Spot price of the precious metal on t…
Canmine acquires Mexican silver bet
Toronto-based Canmine Resources (CDN) has agreed to purchase the San Antonio silver property in the province of Chihuahua, Mexico. In exchange for 100,000 common Canmine shares and a 15% net profits r…