METAL PRICES PRODUCER PRICES (October 22, 1990)
ALUMINUM: MW U.S. Market US84-86 cents per lb. (Oct. 11, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CADMIUM: …
News
Miners form council to protect environment
Major companies involved in mining and metallurgy met recently in London, England, to initiate the formation of an international council on metals and the environment. The purpose is to promote enviro…
Tax Angles The ins and outs of CNIL
The phone ring sounded urgent. I picked it up. It was Harry Speers. “Barry, do your guys know what they’re doing?” Now Harry is a bit of a joker but this sounded semi-serious. “Why do you ask, Harry?”…
Gold-Platinum price gap narrows as economy heads for recession
The gold price and the platinum price are beginning to move in opposite directions as fears of a world recession take hold. Although prices for both metals rose in initial reaction to Iraq’s invasion …
Silver Butte on schedule
Development of the Silver Butte polymetallic mine in Douglas Cty., Ore., is reported to be on schedule for startup by the end of the year. Owned by Formosa Resources (VSE), the Silver Butte project is…
PEOPLE SLOCAN DEVELOPMENT
George Scott and Robert Barbero appointed directors succeeding Arthur Clemiss and John Ivany who resigned.
Vinta cuts wide zones in Alaska
Drilling on the Illinois Creek project in the western interior of Alaska is returning wide intersections of gold mineralization. The property is owned by Vinta Exploration (VSE) which recently complet…
VSM confirms depth extensions of Grevet zone, joins TSE
Newly listed on The Toronto Stock Exchange, Montreal-based VSM Exploration (TSE) continues to intersect high-grade zinc mineralization at the Grevet project, about 40 km northeast of Quevillon, Que. T…
Ontario salutes mining industry’s role sustaining standard of
With a salute to Ontario’s mining industry Andy Rickaby, Chairman of the Ontario Mining Association officially opened the province’s first Mining Week Oct. 16. Referring to a huge jumbo rig on display…
LAC drilling on Norgold claims
A 10-hole exploration program is halfway complete on the Nevada Chance “East” claim block, some 60 miles north of Lovelock, Nev. The gold project is a joint venture between LAC Minerals (TSE) and Norg…
Vancouver Stock Exchange Eskay provides new excitement
A new gold discovery in the Eskay Creek camp of northwestern British Columbia provided a flurry of excitement, albeit an extremely modest one, on the Vancouver Stock Exchange for the week ended Oct. 1…
Vior and partners increase size of Douay West deposit
Societe d’Exploration Miniere Vior (ME) has revised upwards its estimate of preliminary reserves for the West zone of the Douay gold project in northwestern Quebec. The project is 42%-owned by Inco (T…