Montreal Exchange (November 11, 1991)
Maintaining its trading momentum during the week ended Nov. 5 was Societe d’Exploration Miniere Vior, which announced plans to raise up to $500,000 through a private placement. The proceeds will be us…
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PRODUCER PRICES (November 11, 1991)
ALUMINUM: MW U.S. market US54.75-55.50 cents per lb. (Oct. 24, 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…
Uranium mine in Nebraska opens using in situ leaching
Owners of the Crow Butte uranium mine joined their guests for a tour of operations and a country-style celebration to mark the Oct. 17 official opening of the mine, four miles from this prairie commun…
Cominco cuts zinc production
Cominco (TSE) announced it will be operating its zinc refinery at Trail, B.C., at 90% of its 300,000-ton-per-year capacity. The company also announced that further cutbacks would be considered, “if wo…
Noront to drill promising projects
Although finding it difficult to raise money these days, “one way or another” Noront Resources (VSE) is determined to proceed with drilling on three of its better-looking projects, President Richard N…
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 …
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…
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…
GOLD FUNDS (November 04, 1991)
BGR Central Net Value $8.50 $5.00 Price $7.88 $4.550 Discount 7.35% 9.0% Value $50,610,017 $76,550,565…