METAL PRICES FREE MARKET (March 18, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 12 March 11 March 8 March 7 March 6 Copper 1298-1299 1292-1293 1300-1302 1287-…
News
EDITORIAL McLaughlin a controversial choice
Inviting federal New Democratic Party leader Audrey McLaughlin to be guest speaker at a key luncheon during the Prospectors and Developers Association of Canada’s annual convention may turn out to be …
Teck options MGM prospect
Based on a recent letter of intent agreement,Teck (TSE) plans to spend $200,000 this year exploring the MGMshale-hosted, polymetallic massive sulphide prospect, 75 milesnorth of Golden, B.C. Teck may …
380 attend underground operators conference
Mine operators from across Canada turned out here in record numbers during the festive winter carnival season, Feb. 24-27, to take in the unique French Canadian hospitality and to exchange mine operat…
U.S.REPORT Durvada farms out Nevada properties
Calgary-based Durvada Resources (ASE) has farmed out two of its gold properties in the Sandy Valley area of southwestern Nevada to Dundee Resources (VSE) and Reymont Gold Mines (ASE). In the first dea…
!Kidd Creek plans to cut zinc output
Falconbridge, a private company held equally by Noranda (TSE) and Trelleborg AB of Sweden, is reducing zinc production at its Kidd Creek, Ont., division by 20,000 tonnes (22,000 tons) this year. Falco…
PRODUCER PRICES (March 18, 1991)
ALUMINUM: MW U.S. Market US69.50-71.50 cents per lb. (Feb. 28, 1991). ANTIMONY: New York dealer US86-88 cents per lb. (Feb. 28, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CA…
EDITORIAL Sacrificing development for river rafters
It is hard to tell how many people pay for the opportunity to raft down the Tatshenshini River each year. It could be in the hundreds, and there may well be a large number of Canadians among them. For…
Obituary Andre Laurin
Andre Laurin, chief executive officer of Societe Quebecoise D’Exploration Miniere (SOQUEM), died suddenly on March 7. He was 62. Laurin, who received a doctorate in geology from Laval University in 19…
U.S.REPORT Great Lakes buys out Michigan firm
Increasing its commitment to northern Michigan, Great Lakes Minerals (TSE) has acquired 100% of Keeweenaw Copper (KCC), a private company with a stake in a number of copper deposits along the Keeweena…
Aboriginal title action quashed
An aboriginal title action launched against the province of British Columbia by the Gitksan and Wet’suwet’en hereditary chiefs more than three years ago was denied in a recent ruling by British Columb…
Ontario Over-the-Counter New zone at MacLeod
Two holes drilled into the mineralized contact at the MacLeod Lake property north of Chibougamau, Que., have intersected a new copper zone, the South zone, extending over a strike length of 500 metres…