Toronto Stock Exchange (January 20, 1992)
Vancouver resource giants Cominco and Teck teamed up with Aur Resources during the week ended Jan. 14 to provide financing for the $326-million copper-zinc project at Louvicourt Twp., Que. The agreeme…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE INDICES (January 20, 1992)
Jan 14 Jan 13 Jan 10 Jan 9 Jan 8 High Low Composite 300 3634.98 3594.39 3593.39 3580.60 3515.64 4009.47 3009.91 Metals & Minerals3039.41 2972.56 2975.04 2998.40 2939.33 3453.06 2502.63 Integrated Mine…
Platinum hit by GM cutbacks
Platinum tumbled on the New York Mercantile Exchange in late 1991 after General Motors announced that it intends to shut down 21 of its North American automotive plants. Expectations that the GM closu…
GOLD FUNDS (January 13, 1992)
BGR Central Net Value $8.32 $4.91 Price $7.63 $4.350 Discount 8.36% 11.4 Value $49,545,000 $73,185,705…
Symposium date
A mining symposium dealing with narrow vein mining (T.N.M., Dec. 30) at Val d’Or, Que., has been changed to Feb. 25 from Feb. 20. Focus will be a project sponsored by the Quebec Mining Association, wi…
TSE STOCK EXCHANGE INDICES (January 13, 1992)
Jan 7 Jan 6 Jan 3 Jan 2 Jan 1 Dec 31 High Low Composite 300 3512.92 3524.77 3517.47 3493.66 HOL. 3512.36 4009.47 3009.91 Metals & Minerals2937.61 2943.65 2982.27 2935.22 HOL. 2954.99 3453.06 2502.63 I…
Toronto Stock Exchange (January 13, 1992)
The recent trend toward lower interest rates sent New York’s Dow Jones Industrial Average of blue chip stocks to record heights during the week ended Jan. 7 as investors jockeyed to get in on the rall…
Cameco exploration focus on gold, uranium
Uranium producer Cameco (TSE) plans to match last year’s exploration budget of $10-12 million in 1992, according to The Source, Cameco’s employee newsletter. While most of the money will be spent in N…
Cal Graphite shares
Cal Graphite (VSE), owner of a graphite project north of Huntsville, Ont., said it has agreed to sell 1.1 million common shares to Lindner Fund, an investment company based in St. Louis, Mo. The selli…
Gold analysts bullish despite weak price to begin 1992
Gold began the New Year on a bearish note, shedding US$2 to US$350.50 on reports that Russia will end the state monopoly on mining and open up ground for prospecting. The newly founded republic says i…
Acabit drilling
Initial drilling results from the Pascalis property in northwestern Quebec of Acabit Exploration (ME) returned, over a 4-ft. intersection, 2 ft. of 4.7 oz. gold per ton, 1 ft. of 0.04 oz. and 1 ft. of…
Takla Star sues Cal Graphite
Alberta-based Takla Star Resources (ASE) recently launched a major lawsuit in Ontario seeking the return of a graphite mining property at Graphite Lake, Ont., from Cal Graphite (VSE). Takla Star is al…