Great Lakes concludes deal
An agreement providing Great Lakes Minerals (TSE) with a 100% interest in five copper deposits (543-S, G-2, G-12, G-13 and St. Louis) in northern Michigan has been concluded, the company reported. In …
News
Coup has little impact on metal prices
While the recent crisis in the Soviet Union sent shock waves around the world and briefly threatened to end the new spirit of perestroika, the episode had almost no effect on metal prices. As news rea…
Jarvis plans marble mine
The mining of a 23-claim marble property 20 miles north of Sudbury, Ont., has been announced by Jarvis Resources (VSE) of Lively, Ont. The company said drilling, stripping and block removal have delin…
Saskatchewan to sell Potash warrants
The province of Saskatchewan has arranged to sell 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) at $18.75 per warrant. Subject to certain terms and conditions, each special warran…
Vancouver Stock Exchange (September 02, 1991)
Both the resource and composite indices continued to rebound during the week ended Aug. 27 following the tumultuous events in the Soviet Union. The composite index added 8.27 points to finish at 563.7…
Unlisted Trading (September 02, 1991)
Trading moderately during the week ended Aug. 27, Teddy Bear Valley Mines (CDN) picked up 15 cents to close at $1.75 after management announced it had resolved a claim ownership dispute with Card Lake…
INSIDER TRADING (September 02, 1991)
A couple of Timmins Nickel (TSE) executives took the opportunity recently to cash in on the company’s high flying share price. According to the Ontario Securities Commission OSC Bulletin, Chairman Cha…
New contract at Falconbridge
Union workers at the Sudbury, Ont., operations of Falconbridge voted 68% in favor of a new 3-year contract. Ratification came the day before a strike deadline by members of the Mine, Mill and Smelter …
Drilling continues at Brewery Creek
A second-phase program aimed at exploration for new zones and zone extensions will be carried out over the balance of this summer and fall at the Brewery Creek gold property near Dawson, Yukon. The pr…
Impala, Candela strike out
No significant results were reported by Candela Resources (VSE) from a limited 4-hole drill program recently completed on the Swan copper-gold prospect in central British Columbia. An associated compa…
Stratabound set to ship first ore from CNE mine
Calgary-based Stratabound Minerals (ASE) expects to be shipping its first truckload of ore from the Captain North Extension (CNE) lead-zinc deposit in New Brunswick by the end of August. “Depending on…
Crown arranges needed financing
An investment bank has provided a firm commitment to complete a US$15-million debenture issue for Crown Resources (VSE) in Europe. The notes are due in 2001, carry a 5.75% coupon, and are convertible …