London Metal Exchange (May 14, 1990)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 8 May 7 May 4 May 3 May 2 Copper 1660-1665 N/A 1630-1635 1720-1725 1695-1700 Lead 485-487 N/A 487-489 …
News
Northair to earn 50% of Wildrose
A work program operated by Northair Mines (TSE) is slated to begin this summer on a Nevada property covering two square miles adjacent to the Rosebud gold discovery held by Equinox Resources (TSE) and…
Minieres due Nord seek funds for Matagami area exploration
Exploration Miniere du Nord (ME) says it is planning a rights offering to finance exploration on its Lozeau and Isle-Dieu properties east of Matagami Lake, Que. The Amos, Que., company owns about 3,20…
Malartic mill near completion at Congress gold project
Construction of the mill at the Congress gold mine project in Arizona is 95% complete and the first gold should be poured by about the first of July, Marc Henderson, president of Malartic Hygrade Gold…
Mining opportunities exist in Soviet Union
If miners are not already doing business in Western Europe, it will become increasingly difficult to do so after Jan. 1, 1993. As well, the Soviet Union is open for mining business. That was the messa…
Drilling hits copper on Cons. Abitibi bet
The presence of significant copper mineralization was confirmed recently by drilling on two properties that tie on to the Aur Resources (TSE), Societe Miniere Louvem (TSE) joint venture at Louvicourt …
Toronto Stock Exchange Rally continues, but it won’t last says
The stock market rally that began this week with the biggest single day gain so far this year showed no signs of ending today, May 9. Fuelled by volume increases in all but one of the sub-groups inclu…
Casa Berardi on line for 90,000 oz.
To judge by results at the Casa Berardi mine more than 100 km. north of here, Inco the nickel miner makes the grade as a gold miner too. The Casa Berardi East mine has been profitably producing gold f…
Three agreements net financing for Stratmin
Three financing agreements worth about $26.2 million in total have been struck by graphite producer Stratmin (ME) and its subsidiary Stratmin Graphite. The agreements have been reached with Mircal, a …
NO HEADLINE (May 14, 1990)
TEXT: Gold production is expected to commence this summer at the Cheminis mine project near Kirkland Lake, Ont., say owners Northfield Minerals (ASE) and its subsidiary Rockford Minerals (TSE). North…
Small Belgium a major metals player
The go-ahead Kingdom of Belgium, known to us mainly for the terrible battles of Waterloo and Ypres and of “the Bulge,” or for the Flemish masters — Rubens, van Dyck, Breughel, Memlinc and van Eyck –…
U.S.Report Gold operations enhance Newmont Mining earnings
Newmont Mining’s (NYSE) interests in U.S. and Australian gold operations were the main factors behind an increase in the Colorado company’s first-quarter earnings. First-quarter net income was US$57.4…