1991


METAL PRICES FREE MARKET (January 21, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 15 Jan 14 Jan 11 Jan 10 Jan 9 Copper 1272-1273 1291-1292 1310-1311 1314-1316 131…



LAC still seeks pay dirt on Queenston’s ground

LAC (TSE) recently intersected low-grade gold mineralization across narrow widths while drifting on the 4,750 ft. level beneath Queenston Mining’s (TSE) Kirkland Lake West claims near Kirkland Lake, O…



Freewest, Mint option property

An agreement has been reached between Freewest Resources (TSE) and Mint Gold Resources (COATS) whereby the two companies have an option to earn a 100% interest in a 59-claim property in Northumberland…


Phelps Dodge drops Stillwater option

Arizona-based Phelps Dodge (NYSE) has dropped its option on the Stillwater strategic metals joint venture in Montana with Australian company Boulder Gold. Phelps Dodge had to decide by Jan. 15, whethe…


INSIDER TRADING Sherritt officers invest in company

Two members of the dissident group that recently won control of Sherritt Gordon (TSE) recently emerged with a significant position in the Edmonton-based fertilizer and specialty metals manufacturer. A…


B.C. copper smelter studied

A preliminary feasibility study recently concluded that a copper smelting facility on the coast of British Columbia would be economically viable. A Vancouver-based firm headed by former Cominco execut…


Beama sees 225,000 oz. a year from Chile

Armed with a positive preliminary feasibility report, Bema Gold (TSE) is aiming to bring on stream a heap leach gold mine in Chile with an annual production rate of about 225,000 oz. gold. That repres…


OBITUARY John Morgan

John Morgan, an industrial minerals geologist, died recently. He was 76. Born in Winnipeg, Man., Morgan had a B.Sc. from the University of Manitoba and a Ph.D. from the University of Wisconsin. From 1…


Vancouver Stock Exchange .Pezim continues to trade

The Vancouver Indices fared poorly over the week ended Jan. 15 as investors pulled their bids and hopped on the fence to wait out the next chapter in the Middle East crisis. The result was a 19.41-poi…


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