METAL PRICES PRODUCER PRICES (June 03, 1991)
ALUMINUM: MW U.S. Market US59-61 cents per lb. (May 16, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMIU…
News
Pegasus’ earnings hurt by shutdown at two gold mines
A drop in gold sales and lower metal prices brought reduced first-quarter earnings for Pegasus Gold (TSE) this year over last. Pegasus reported earnings of US$378,000 for the 1991 first quarter on rev…
PPDA to hold 8th triathlon
The eighth annual Great Porcupine Gold Rush Triathlon, organized by the Porcupine Prospectors and Developers Association (PPDA) in Timmins, Ont., will be held July 27. As in previous years, the triath…
Metall’s Copper Range costs unlikely to decline as forecast
Operating costs at the Copper Range mine in Michigan are unlikely to decline as much as originally anticipated, said Klaus Zeitler, president of Metall Mining (TSE), a subsidiary of West German mining…
Brenda sits on cash
With work continuing to dismantle its now-closed copper mine near Peachland, B.C., Brenda Mines (TSE) reported earnings of $1.6 million on revenue of $2.8 million for the first quarter ended March 31….
Grange looks for partners (June 03, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Mining starts at SB property
Mining began May 20 at the SB gold property near Stewart, B.C., a joint venture between Tenajon Resources (VSE) and operator Westmin Resources (TSE). Tonto Mining was awarded the contract for mining,…
NEWS IN BRIEF Nevada Goldfields
Nevada Goldfields (NGF:TSE) has changed its name to Consolidated Nevada Goldfields Corp. (KNV:TSE) with a 1-new-for-6-old-share consolidation. The transfer agent is Montreal Trust Co.
NEWS IN BRIEF Taseko Mines
Taseko Mines Ltd. (TKO: VSE) has changed its transfer agent to Montreal Trust Co.
NEWS IN BRIEF Jazzman Resources Inc.
Jazzman Resources Inc. (JZM:VSE) has changed its transfer agent to Pacific Corporate Trust.
NEWS IN BRIEF Blue Gold Resources Ltd.
Blue Gold Resources Ltd. (BLQ:VSE) has changed its transfer agent to Pacific Corporate Trust.
Spectrum changes
Spetrum Gold (ME) is proposing a consolidation and reclassification of its A shares on the basis of one common share for each two A shares outstanding, and a company name change. A $300,000 private pl…