Falconbridge profit drops
Lower nickel and zinc prices, coupled with a less favorable U.S. dollar exchange rate and higher depreciation charges, led to a 39% drop in operating profit at Falconbridge last year. The company, own…
News
IOCC GOLD OPTIONS (April 01, 1991)
Options Open Series Volume Last Interest May 360 C 10 11.00 55 May 390 C 5 2.60 85 Aug.430 C 200 1.80 500 Aug.440 C 25 1.50 70 May 360 P 10 6.50 120 The New York closing gold price was $356.00 per oz….
U.S. REPORT Bunce drilling expanding zone
A drilling program on the Bunce gold property in Pershing Cty., Nev., has extended the Bunce Discovery zone to the north and northeast. Annabel Gold Mines (VSE) is earning a 44% interest in the proper…
Metal Prices FREE MARKET (April 01, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 26 March 25 March 22 March 21 March 20 Copper 1371-1373 1358-1359 1352-1353 13…
OBITUARY Eric Partridge
Former president of Waddy Lake Resources, Eric Partridge, died in Prince Albert, Sask., recently. He was 75. Born April 3, 1915 in Carnduff, Sask., Partridge began his career as a prospector in Britis…
PEOPLE BOISE CREEK RESOURCES
Rand Buhler appointed a director…
Fairfield acquires100% of Elk bet
The Elk gold property in southern British Columbia is now owned 100% by Fairfield Minerals (TSE) following a recent buy-out agreement with Placer Dome (TSE). The Siwash North deposit on the property i…
Quebec’s Bacon seeks law to set environmental rules
The province of Quebec may soon have a law governing the environmental impact of mining activity. Lise Bacon, the province’s deputy premier and minister of energy and resources, told the annual conven…
Robex updates Upton feasibility
An update of a feasibility study of a barite-zinc deposit in Upton Twp. near Montreal was recently commissioned by Robex Resources (ME), which is hoping to be able to announce in the near future a fin…
Loki encouraged by results of Brewery Creek leach test
Encouraging results were reported by Loki Gold (VSE) following cyanide leach test work completed on four bulk trench samples from the Brewery Creek property near Dawson City, Yukon. The property is ow…
Agnico-Eagle bids for control of Vezza prospect
Toronto-based Agnico-Eagle Mines (TSE) has offered to buy 100% control of the Vezza gold project in northwestern Quebec from 50/50 partners Dundee-Palliser Resources (TSE) and North American Rare Meta…
U.S. REPORT Wounded Bull completes Newsboy feasibility
With a positive feasibility study in hand, Wounded Bull Resources (Sydney) is now seeking financing to bring its Newsboy gold mine in west-central Arizona into production. Capital cost for a 600,000-t…