Ongoing drilling by Westmin Resources (TSE) is returning more encouraging results from the Gap-Battle zone area of the Myra Falls mine property near Campbell River, B.C. Westmin produces copper and zi…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 98.30 97.40 97.70 0.00 Feb 98.20 98.20 98.05 + 0.25 Mar 99.10 98.10 …. SILVER (in US cents per oz.) Jan 385…
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 31 Dec 30 Dec 27 Dec 26 Dec 25 Copper NA 1165-1166 NA NA NA Lead NA 295-296 NA N…
ALUMINUM: MW U.S. market US50.75-51.25 cents per lb. (Dec. 19, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
Minority shareholders of Stikine Resources will have the opportunity in early 1992 to tender their shares to International Corona (TSE) in exchange for preferred shares of Corona at $70 per share. The…
Daily trading volumes plummeted during the holiday-shortened week ended Dec. 30, but both the general market portfolio index and the mining and minerals index soared. The former gained 51.6 points and…
Toronto-based Northgate Exploration (TSE) has delayed its rights offering and the terms of the offering may change. The company says the offering has not received the anti- cipated final regulatory ap…
Stronger zinc, gold and copper prices more than offset weaker nickel, lead and aluminum prices in November, helping the commodity price index of Scotiabank edge up for the second straight month. Howev…
Low metal prices and a nation-wide recession shattered central Canada’s once vibrant mining sector in 1991. As mines closed, balance sheets bled and exploration geologists fled to more hospitable envi…
As predicted by John McOuat, president of Watts, Griffis and McOuat, and other mining executives, 1991 was a dismal year for exploration in Canada. While junior miners had problems raising risk capita…
Appropriately, it was in 1964, the year the Kidd Creek geophysical discovery exploded into public prominence, that Dr. Peter Hood created his first comprehensive review of the world of geophysical ins…
FOREIGNERS PROMINENT AT KIRKLAND STRIKE The strike at Kirkland Lake is now in its seventh week. The financial assistance which was to have come in from sympathetic unionists has proven scanty. One pow…
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