FINANCING (October 28, 1991)
International Corona Corporation – 300,000 class A Subordinate voting shs offered @ $8.25 per sh. Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 4…
News
Prince of Wales opens Inco’s mill, smelter improvements
Nickel producer Inco (TSE) says it has completed 85% of the work required to meet Ontario government regulations for reduced sulphur dioxide emissions at its Sudbury, Ont., facilities. Inco’s “sulphur…
New Brunswick’s November agenda
The New Brunswick Pro-spectors and Developers Association (NBPDA) will hold this year’s general meeting with the Canadian Institute of Mining, Metallurgy and Petroleum at 8 p.m. on Nov. 4 in the Frede…
TSE hopes to boost level of unlisted market’s credibility
Following a reluctant takeover of Ontario’s over-the-counter trading system three months ago, The Toronto Stock Exchange (TSE) plans to increase the credibility of the Canadian Dealing Network (CDN) b…
PRODUCER PRICES (October 28, 1991)
ALUMINUM: MW U.S. market US51-55 cents per lb. (Oct. 17, 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). CADMIUM: …
Integrated claims
Nine Barrington River placer gold claims in the Telegraph Creek area of British Columbia have been sold by Integrated Resources (ASE) to a private Edmonton, Alta., company, Barrington Gold. Subject to…
Diamond sampling at Guyana project
Preliminary bulk testing of diamond-bearing gravels on a 400-sq.-km Guyana concession optioned by South American Goldfields (TSE) from Golden Star Resources (TSE) commenced recently. Approximately 25 …
Teck hits zinc-gold zone at Tache
Surface sampling by Teck (TSE) has identified a massive sulphide horizon on the Tache Lake property just outside the town of Chibougamau, Que. Labelled the East zone, the new horizon has been exposed …
PEOPLE (October 21, 1991)
Donald Currie appointed director.
PDAC president illustrates Canada’s falling exploration
The Australian mining industry spends $10 on exploration and development for every $100 in production revenues. By comparison, the Canadian industry spends about $2.50, says Fenton Scott, president of…
EDITORIAL PAGE (October 21, 1991)
Canada’s premier association of mining professionals — the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) — is facing a cash crunch and unless steps are taken to change the way it deri…
LETTERS TO THE EDITOR (October 21, 1991)
Incorrect ownership was reported in the story “Montanore adit reaches 11,330 ft.” (T.N.M., Sept. 16/91). The Montana copper-silver project in question is owned 45% by Montana Reserves Co. and 55% by N…