People LAC MINERALS LTD.
Mitchell Graye appointed senior vice- president and chief executive officer of LAC Minerals and vice- president, chief financial officer and treasurer of LAC’s subsidiary Bond International Gold, Inc….
News
Windarra says La Ronge gold mine could cost $39 million
A recently completed feasibility study on the Contact Lake gold deposit near La Ronge, Sask., estimates capital costs to build a 700-tonne-per-day mine at $39 million, says 20% owner Windarra Minerals…
Pezim and associates take centre stage at hearings
With television cameras rolling and flashbulbs popping, mining promoter Murray Pezim and associates John Ivany and Lawrence Page appeared in front of the British Columbia Securities Commission on July…
PRODUCER PRICES (July 16, 1990)
ALUMINUM: MW U.S. Market US72-73 cents per lb. (Jul. 5, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: N…
FUTURES PRICES (July 16, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 121.20 118.50 118.60 + 4.20 Aug 119.50 118.20 118.25 + 4.15 Sept 118.70 116.20 116.75 + 3.65 SILVER (in US c…
Toronto Stock Exchange Noranda, Inco issues up as summer strikes
What may be remembered as the summer of discontent gained momentum during the week ended July 10, as employees at Brunswick Mining & Smelting’s Belledune smelter prepared to join their colleagues at T…
Westfield shareholders react to management sale of assets
A change in the direction of Westfield Minerals (TSE), from a corporation with an interest in a producing gold mine to a holding company, brought a flurry of questions from shareholders at the annual …
INSIDER TRADING Spirit Lake director active market player
As Spirit Lake Explorations (ME) continues to explore a small high grade gold deposit northeast of Wawa, Ont., director William Chymyck has been active in the stock market. According to the Ontario Se…
Lytton moves to gain interest in Eskay claims
His problems with securities regulators and former wives aside, Murray Pezim will likely be facing a lengthy legal battle to keep control of his most recent discovery, the Eskay Creek deposit, north o…
BRIEFS
In Nanaimo, B.C., 14 teams from mines in the province participated in rescue and first aid contests. Among the winners were Highland Valley Copper (provincial open pit champions); Cominco Sullivan min…
Spot prices at a glance (July 16, 1990)
Week’s Price (US) Change Gold* $353.70 — $7.55 Silver* $4.81 — $0.13 Platinum* $477.65 — $11.10 Nickel** $4.08 + $0.18 Lead** $0.41 $0.00 Copper- $1.28 + $0.08 Zinc– $0.80 + $0.05 Courtesy of Scot…
Equity questions mine closure cost estimates
The British Columbia government and Equity Silver Mines (TSE) are still discussing the amount of a reclamation bond for Equity Silver’s mine near Houston, B.C., slated to close in late 1992. Equity Si…