News

Logan addresses Hall audience

Guests attending the Canadian Mining Hall of Fame’s fourth annual induction dinner got a ghostly surprise when “numerous prayer meetings and seances” brought Sir William Logan, founding director of th…


Symposium date

A mining symposium dealing with narrow vein mining (T.N.M., Dec. 30) at Val d’Or, Que., has been changed to Feb. 25 from Feb. 20. Focus will be a project sponsored by the Quebec Mining Association, wi…


TSE Short Positions (January 13, 1992)

Semi-monthly reports as of December 31, showed 23,082,928 shares of 572 issues compared with 21,116,306 shares of 599 issues on December 15. Larger individual positions included: Amax Gold 251,100; Am…


TSE STOCK EXCHANGE INDICES (January 13, 1992)

Jan 7 Jan 6 Jan 3 Jan 2 Jan 1 Dec 31 High Low Composite 300 3512.92 3524.77 3517.47 3493.66 HOL. 3512.36 4009.47 3009.91 Metals & Minerals2937.61 2943.65 2982.27 2935.22 HOL. 2954.99 3453.06 2502.63 I…


Takla Star sues Cal Graphite

Alberta-based Takla Star Resources (ASE) recently launched a major lawsuit in Ontario seeking the return of a graphite mining property at Graphite Lake, Ont., from Cal Graphite (VSE). Takla Star is al…


GSC colloquium set for Ottawa

The Geological Survey of Canada (GSC) will stage its second Minerals Colloquium in Ottawa on Jan. 22-24. The colloquium will follow the GSC Forum on Jan. 20-22. The colloquium and forum comprise the s…


Pioneer debt settlements net gain

A gain from the recent settlement of secured and unsecured debt pushed Pioneer Metals (TSE) of Vancouver into the black for the 9-month period ended Sept. 30. Net earnings for the period were $12.4 mi…


Glimmer, Hemlo pick up contact

With the latest phase of drilling on its property near Matheson, Ont., complete, Glimmer Resources (VSE) says mineralization has been extended 100 metres along strike. Hole 91-60, which picked up the …


Sulphur producers form export group

A new marketing organization has been formed by 27 Canadian sulphur producers. Prism Sulphur Corp. began selling western Canadian sulphur to markets outside of North America as of Jan. 1. Prism will i…


Canada tops global list in exploration spending

Despite the malaise spreading throughout Canada’s metals exploration industry, this country remains the leader in terms of exploration spending, says Halifax-based The Metals Economics Group Strategic…


Crown Butte’s New World hottest play in Montana

One of the more active projects this year is Crown Butte Resources’ (TSE) New World gold-silver-copper property in an old mining camp near Cooke City, Mont. The company took on the project in 1987, wi…


Alberta Stock Exchange (January 13, 1992)

After announcing a lawsuit against VSE-listed Cal Graphite, Takla Star Resources jumped 9 cents to 39 cents during the week ended Jan. 7. Takla is claiming ownership of a graphite mine near Huntsville…


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