News


Metal prices hurt commodity index

Weaker metal prices in May helped push the all-commodity price index of Scotiabank down by 1% from April. “Base metal prices moved significantly lower in May and June. Copper and nickel are still at…


Repadre falls short in diamond search

A 33-hole (3,965-metre) reverse circulation drilling program recently completed at the joint-venture prospect in Botswana of Repadre Capital (VSE) has failed to intersect any kimberlite intrusives, a …


Great Lakes boosts property interests

Great Lakes Minerals (TSE), centring its efforts on Michigan’s famed Keweenaw copper district which has yielded more than 12 billion lb. of the red metal over the years, has restructured a previous ag…





U.S. REPORT Glamis purchases DRX properties

A block of 54 claims in the Randsburg district of southern California was recently purchased by Glamis Gold (TSE) from DRX Resources (NASDAQ). Glamis paid DRX US$200,000 for the claims and plans to u…


MVP buys bonds for shares, cash

Following negotiations with the principal holder of its outstanding convertible Swiss bonds, a U.K.-based merchant banker, MVP Capital (TSE) has agreed to a restructuring of the bonds. As a result of…


Southex plans mining show in Sudbury

Southex Exhibitions, a division of Southam Business Communications, says Cambrian College in Sudbury, Ont., will host the 1992 Canadian Mining & Industrial Equipment Exhibition June 23-25. The biennia…



METAL PRICES PRODUCER PRICES (July 08, 1991)

ALUMINUM: MW U.S. Market US59.50-61.50 cents per lb. (Jun. 20, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.00-3.10 per lb. (Jun. 20, 1991). C…


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