U.S. REPORT (November 04, 1991)
Earnings for the first nine months of 1991 remained unchanged from a year earlier for Pegasus Gold (TSE) which reports net income of US$6.3 million for both periods. Earnings for the 1991 third quarte…
News
Quilchena play
A 50% owned affiliate of Laramide Resources (TSE), private company Quilchena Resources, reports the completion of surface work and the drilling of three holes on porphyry copper-gold property near Asp…
FINANCING (November 04, 1991)
Coral Gold Corp. — 8000,000 shs offered @ 17 cents per sh.
LETTERS TO THE EDITOR (November 04, 1991)
Your story “Ownership puzzle confounds efforts to develop Holloway” (T.N.M., Oct. 14/91) mentions that the Lightning zone is the best hope for a new mine in eastern Canada. You probably forgot the Mos…
La Coipa cash machine’ closest mine to heaven
As is customary in Latin America, a padre offered the benediction at the recent official inauguration of the expanded La Coipa mine, 140 km from here, in the Chilean Andes. He blessed the plant itself…
Brunswick’s fate questioned after Noranda’s latest loss
Mindful that zinc prices aren’t going to improve in the near future, Noranda (TSE) is attempting to turn its 64.6% owned Brunswick Mining and Smelting (TSE) complex into a more cost-efficient operatio…
Encouraging results at Santoy
Encouraging trenching results from the Santoy Lake gold property in northern Saskatchewan were reported by joint venture partners Claude Resources (TSE) and Manchester Resources (ASE). Two zones have …
Unlisted Trading (November 04, 1991)
Gaining five cents to close at 18 cents for the week ended Oct. 29, Copperquest said it will continue work on its claims in the Shining Tree area of northeastern Ontario. Previous drilling on the 26-c…
Toronto Stock Exchange (November 04, 1991)
Inco affiliate Fort Knox Gold emerged as one of the most active issues during the week ended Oct. 29 as investors positioned themselves for future results from the junior’s Shining Tree, Ont., project…
Montreal Exchange (November 04, 1991)
Trading volumes were steady but both the market portfolio and mining and minerals index experienced 15-point losses for the week ended Oct. 29. Daily volumes ranged between four million and 8.6 millio…
TORONTO STOCK EXCHANGE INDICES (November 04, 1991)
Oct 29 Oct 28 Oct 25 Oct 24 Oct 23 High Low Composite “300” 3485.42 3455.84 3434.17 3446.94 3459.16 4009.47 3009.91 Metals & Minerals 3001.05 2967.09 2965.83 2974.53 3000.16 3453.06 2502.63 Intergrate…
N.W.T. explorers await transport link
A Canadian shipping company, Canarctic, is proposing to examine the development of a marine transportation system to service resource development in the Coronation Gulf region of the Northwest Territo…