1991

The sale of Kennecott’s interest in the North and South Kemess properties is now complete with the payment of $3.5 million by El Condor Resources (VSE). El Condor now has a 100% interest in the North…

N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Jun 99.30 98.20 99.30 + 0.60 Jul 99.50 98.20 99.40 + 0.20 Aug …

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 4 June 3 May 31 May 30 May 29 Copper 1296-1298 1272-1273 1…

After completing a first-stage exploration program on the Talapoosa property owned by Athena Gold (VSE), a unit of Placer Dome (TSE) opted to drop the Nevada gold property. Placer had the right to ea…

ALUMINUM: MW U.S. Market US59.25-60.25 cents per lb. (May 23, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CAD…

Public companies have to walk a fine line when it comes to public disclosure. They want to keep existing investors up to date and attract potential investors with information about their current work,…

The Mattawasaga discovery, east of American Barrick Resources’ (TSE) Holt-McDermott mine in northeastern Ontario, has quickly grown into a sizable ore zone accounting for 45% of the mine’s reserves. A…

All necessary operational procedures are in place at U.S. Immigration and Naturalization Service offices for Canadian geologists to obtain entry into the U.S. as professionals under the terms of the F…

Results from a feasibility study on the Knox nickel-copper project in Maine indicate that the deposit could be developed at a capital cost of US$40 million and mined at an operating cost of US$1.90 pe…

After nearly a decade since their discovery, the three Hemlo mines are now passing their peak productive years. The Williams mine, owned 50-50 by Teck (TSE) and Corona (TSE), will post a production …

A recently signed joint venture agreement between Kookaburra Gold (VSE) and Asarco (NYSE) gives Asarco the option to earn a 70% interest in the Col property by spending a total of $10.35 million. The …

Up five cents to close at 70 cents for the week ended June 4, Northfield Minerals has started work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within two mo…