Spains Minas de Almaden y Arrayanes S.A. Said it will host a conference of mercury producers here at the end of April to study how to stimulate low mercury prices. Last week Almaden and Algerian producer ENOF agreed to establish a minimum price of 300 dlrs per flask (34.5 kilos) for spot mercury sales up from the previous minimum of 240 dlrs. A Minas de Almaden statement said the non-communist worlds main mercury producers had decided not to sign any contracts using the reference price of specialist publications because it was well below their costs of production.
MINAS DE ALMADEN TO HOLD MADRID MERCURY CONFERENCE