EDITORIAL Slowing Soviet gold sales
The gold price strengthened a bit during the past week, and there are indications that it could bounce back even more in the near future. Perhaps the most important single factor behind the price incr…
News
EDITORIAL The clash of Titans
From the mucker to the mine manager, from the shift boss to the chief executive officer, there are probably more dynamic individuals in the mining business than any other. The industry is in the busin…
Rhodium price heads skyward
Investors waiting for a rise in the price of gold might want to turn their attention to an expensive member of the platinum group of metals. Rhodium, used mainly in the manufacture of catalytic conver…
Skyline shuts Johnny Mountain
After spending almost two years in a fruitless struggle to achieve profitability, Skyline Gold (TSE) plans to suspend mining operations this fall at its Johnny Mountain gold project in northwestern Br…
Last bauxite mines closed in U.S.
The last operating bauxite mines in the United States have been closed by Alcoa after 91 years of operation. The mines, situated near Little Rock, Ark., are adjacent to Alcoa’s Arkansas operations whi…
Metal Prices FREE MARKET (July 09, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 3 July 2 June 29 June 28 June 27 Copper 1495-1496 1497-1499 1533-1535 1474-1476…
Moss Lake tops list of Tandem`s projects
Despite the current difficult financing climate in the junior mine sector, Tandem Resources (ME) will be “very active” this year, President Stanley Hawkins told the annual meeting, with high interest …
Production planned for Grand Teton
The first gold and silver dore bar was recently poured at the Adelaide Crown open pit gold mine in Humboldt Cty., Nev. The mine is operated by Gold King Consolidated (NASDAQ), which leased the propert…
COATS (over-the-counter) Mount Wright wins NSR
After a 9-year legal battle, Mount Wright Iron Mines has finally won the proceeds from a 1% net smelter royalty on production from Exminesa’s Rubiales mine in Spain. A Spanish court has ordered Exmine…
Gratton to head Asbestos Institute
A former minister of revenue for the Liberal government in Quebec, Michel Gratton, has been appointed president of The Asbestos Institute, which has its headquarters in Montreal. Gratton, who served a…
U.S. investors back Sheridan despite Madeleine uncertainty
One of Madeleine Mines’ (TSE) biggest shareholders is satisfied the company’s Lac des Iles palladium project near Thunder Bay, Ont., is progressing into production even though it has not met early dea…
Canadian Mineral Industry Education Foundation
The Canadian Mineral Industry Education Foundation, now in its 25th year, has expanded the eligibility categories for its scholarships. Ordinarily, the foundation offers undergraduate and some post-gr…