PRODUCER PRICES (December 24, 1990)
ALUMINUM: MW U.S. Market US69.25- 71.25 per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CADMIUM: New Y…
News
U.S. REPORT Hecla purchases two U.S. feldspar mines
Idaho-based Hecla Mining (NYSE) has purchased all the outstanding stock of Indusmin from a subsidiary of Falconbridge Ltd. and from Unimin Corp. The acquisition includes two feldspar mines and a proce…
PEOPLE BUNKER HILL MINING
Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.
Lassonde to speak at Toronto meeting
The Toronto Geological Discussion Group will host a dinner meeting at Toronto’s Albany Club, Jan. 18. Guest speaker Pierre Lassonde, president of Franco-Nevada Mining and Euro-Nevada Mining, will rela…
Noranda, Freewest continue drilling
The latest drilling results from the Lightning gold zone in northeastern Ontario of Noranda (TSE) and Freewest Resources (TSE) continue to enhance the project’s potential. The Lightning zone is situat…
Montreal Exchange Orex, Onitap settle
An out-of-court settlement with TSE-listed Onitap Resources helped Exploration Orex to become one of the week’s top traders with more than 500,000 shares changing hands. Orex, which jumped 6 cents to …
PEOPLE NERCO MINERALS (December 24, 1990)
Clynton Nauman appointed vice-president of operations; Jason McKenzie appointed general manager of the Con mine succeeding Clynton Nauman.
PEOPLE FALCONBRIDGE GOLD
David Comba appointed vice-president of exploration.
Bond awaits Red Mountain results
Check assay results are awaited by Bond International Gold (TSE) from a $2.3-million exploration program completed this year on its Red Mountain gold project in British Columbia. The 230,000-acre prop…
U.S. REPORT Amax renegotiates Coral Gold deal, ready to start work
With the signing of an amended agreement on the Robertson gold project, Amax Gold (NYSE) will return to the property to begin a 3-phase program. Amax halted work on the northern Nevada property earlie…
Minnova completes follow-up at Pick
A recent drilling program, designed to follow-up a zinc discovery made earlier this year at the Pick Lake project near Schreiber Ont.,hit the high-grade zinc mineralization in four of eight holes. The…
Grizzly Creek finds gold in Philippines
The first results from a 990-ft. drill program on Grizzly Creek Resources’ (VSE) Capas gold property in the Philippines indicate the presence of a low-grade gold zone lying just below the surface. Two…