PEOPLE (November 04, 1991)
Paul Reinhart appointed to the board.
News
EDITORIAL PAGE (November 04, 1991)
A recent report on Canadian competitiveness by Harvard professor Michael Porter cites this country’s reliance on natural resources as one of the country’s economic problems. Prosperity has come easily…
Cameco files final prospectus
Saskatoon-based Cameco (TSE) has filed a final prospectus for a secondary share issue. The secondary issue includes 5.33 million common shares of Cameco held by the Saskatchewan Mining Development Cor…
Gays River mine, mill up for sale
Westminer Canada has put its Gays River lead-zinc mine and mill in Nova Scotia up for sale following a 2-year attempt to solve water problems at the underground operation. “It’s a bit small for us,” s…
PROFILE (November 04, 1991)
In recent decades, the University of Toronto has produced some of Canada’s leading geophysicists, Duncan Crone among them. President of Crone Geophysics & Exploration, he is best known as a pioneer of…
OBITUARY (November 04, 1991)
Well-known prospector William Storie died suddenly on his claim at Snow Creek near Cassiar, B.C. He was 82. At 21, Storie began his career, prospecting for Crown Point Mining. He then worked as an ind…
Development drilling continues
Four miles from this small town is the New World project, which hosts five separate deposits — McLaren, Como, Miller Creek, Homestake and Fisher Mountain. To date, Crown Butte Resources (TSE), which …
Midas rights
Midas Minerals (TSE) plans a rights offering, subject to regulatory approval, under which shareholders of record (in Ontario and Nova Scotia) on Nov. 5 will receive one right for each common share own…
Claude and Aaron in diamond search
Joint venture partners Claude Resources (TSE) and Aaron Oil (ASE) are planning a drilling program to test magnetic anomalies for diamond mineralization on property in the Fort a la Corne and Sturgeon …
Flett suggests Billiton likely to take on balance of Selbaie
Ownership of the Selbaie zinc-copper mine in northwestern Quebec may soon be in the hands of Billiton Metals Canada, hinted President Andrew Flett at a recent luncheon gathering hosted by the Toronto …
Vancouver Stock Exchange (November 04, 1991)
Gold reversed a promising uptrend during the week ended Oct. 29, dipping back below the US$360-per-oz. level to settle at US$357. Trading activity on the VSE remained relatively quiet, but both the re…
FREE MARKET (November 04, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 29 Oct 28 Oct 25 Oct 24 Oct 23 Copper 1384-1385 1386-1387 1374-1375 1383-1385 13…