News

Strong minerals division fails to halt Noranda loss

Sky high interest rates and a downturn in the Canadian forest industry were reflected in the 1990 financial results reported recently by Toronto-based Noranda(TSE). Largely because of poor markets for…


Reserves released for Red Mountain

The 1990 year end results for Bond International Gold (TSE) provided the first details released by the company of its 1990 summer exploration program on the Red Mountain property near Stewart B.C. A t…


CDN to nurture COATS: Letters to the Editor

Regarding your editorial “The wasted potential of COATS” (T.N.M., Jan. 28/91), we at the Toronto Stock Exchange would like to present our perspective on the issue. The Canadian Dealer Network (CDN), t…


28 holes completed at Rock & Roll

VANCOUVER Based on observations from drilling, partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting a general increase in sulphide content within the Black Dog horizon as drilling pro…


EDITORIAL PAGE Push button markets

What’s with the price of gold today? The Berlin Wall tumbles, the Soviet Union tries to turn a new page, oil jumps to US$40 per barrel (for a brief period, anyway) and war breaks out in the Persian Gu…


Startup problems at Oracle Ridge

Problems with the installation of the ball mill are continuing to delay startup at the Oracle Ridge project near Tucson, Ariz. Oracle Ridge is a partnership between South Atlantic Ventures (VSE) with …


Cassiar mine running on new feed

Although block caving operations at the Cassiar asbestos mine in northern British Columbia have encountered some problems with oversize material, the average ore grade has been considerably higher tha…



Intl. Mahogany after Cons. Carina

Vancouver based International Mahogany (TSE) has acquired 290,000 shares of Consolidated Carina Resources (VSE) at a purchase price of 58 cents per share. The acquisition brings Mahogany’s stake in Ca…



Commodity index decline continues

Fuelled by a large decline in the metal and mineral, oil and gas and forest product sub-indices, the all-commodity index of Scotiabank fell by 1.7% in December from the previous month. The all-items i…


Toronto Stock Exchange Indices (February 11, 1991)

Feb. 5 Feb. 4 Feb. 1 Jan. 31 Jan. 30 HIGH LOW Composite”300″ 3365.82 3327.91 3293.49 3272.90 3248.69 4009.47 3009.91 Metals & Minerals3030.13 3001.59 2923.25 2918.51 2889.01 3453.06 2502.63 Integrated…


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