Platinova, RTZ team in Greenland
A joint venture agreement has been signed with a subsidiary of RTZ of London covering the exploration and possible development of four mineral licence areas in Greenland, Platinova Resources (TSE) rep…
News
New zone at Santa Rosa
Partners Greenstone Resources (TSE) and Boliden International Mining of Sweden have reported a “new area of surface gold mineralization” at their Santa Rosa heap leach project in Panama. Owned 49% by …
Industrial mineral continues to profit for Teck, Cambior
Fifteen years after it first went into production, Niobec, the only underground niobium mine in the world and the only mine of its kind in North America, continues to turn out at a relatively low cost…
PEOPLE QUATTRO RESOURCES (July 08, 1991)
Ernest Peters appointed director.
Shareholders OK Hope Brook sale
Shareholders of Hope Brook Gold Mines (TSE) have voted in favor of a reorganization which will transform the public company into a wholly owned subsidiary of BP Canada (TSE). Casting ballots at the c…
Placer Dome estimates $420 million for Milligan
It will cost an estimated $420 million for Placer Dome (TSE) to bring on stream the Mt. Milligan gold-copper deposit north of Prince George, B.C. That’s over and above the approximate $255 million th…
MVP buys bonds for shares, cash
Following negotiations with the principal holder of its outstanding convertible Swiss bonds, a U.K.-based merchant banker, MVP Capital (TSE) has agreed to a restructuring of the bonds. As a result of…
Southex plans mining show in Sudbury
Southex Exhibitions, a division of Southam Business Communications, says Cambrian College in Sudbury, Ont., will host the 1992 Canadian Mining & Industrial Equipment Exhibition June 23-25. The biennia…
TVX, Gldn. Knight release new results
Exploration below the 1,000-ft. level at the Casa Berardi East mine near La Sarre, Que., continues to produce encouraging results for partners TVX Gold (TSE) and Golden Knight Resources (TSE). Golden …
Noranda shuffles top executives at 3 subsidiaries
In the latest move in an ongoing reorganization program designed to save cash, Noranda Minerals has appointed Ian Bayer as president and chief executive officer of 50.2% owned Hemlo Gold Mines (TSE). …
TORONTO STOCK EXCHANGE INDICES (July 08, 1991)
July 2 July 1 June 28 June 27 June 26 HIGH LOW Comp”300″ 3493.62 Holiday 3465.82 3474.61 3481.13 4009.47 3009.91 Metals & Minerals 3184.00 Holiday 3175.24 3181.67 3181.36 3453.06 2502.63 Integra…
NEWS IN BRIEF Drilling continues at Scott Lake
Thunderwood Resources (TSE) and Greenstone Resources (TSE) say stepout drilling at their Scott Lake joint venture has extended a zinc-copper rich massive sulphide zone from 1,800 ft. to a depth of 2,6…