Brunswick loses $10 million
A lengthy strike at the Brunswick mine continued to decimate Brunswick Mining & Smelting’s (TSE) earnings well into the second quarter. For the three months ended June 31, the lead-zinc producer repor…
News
Toronto Stock Exchange (July 29, 1991)
After switching into high gear, the summer doldrums were interrupted during the week ended July 23 by the first trickle of second-quarter earnings. Despite earlier warnings by management, the market w…
METAL PRICES (July 29, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 23 July 22 July 19 July 18 July 17 Copper 1316-1318 1321-1323 1315-1317 1329-133…
Spot prices at a glance (July 29, 1991)
Week’s Price (US) Change Gold* $367.00 -$ 2.20 Silver* $4.23 -$ 0.17 Platinum* $374.25 -$ 5.75 Nickel** $3.75 -$ 0.16 Lead** $0.25 $ 0.00 Copper $1.00 $ 0.00 Zinc $0.48 $ 0.00 Courtesy of Scotiabank. …
Firm nickel price cited for Timmins Nickel’s strength
Investor interest in shares of Timmins Nickel (TSE) recently drove the issue to a high for the year of $1.38 compared with its low of 42 cents. President Stephen McIntyre attributed the share activity…
Vancouver Stock Exchange (July 29, 1991)
Activity on the Vancouver Stock Exchange remained lacklustre over the week ended July 23 with daily volume relatively quiet at the 14-million-share level. The release of assays results from a number o…
Dynatec, Redpath pioneer latest shaft-sinking innovations
If there was a market for used mine shafts, Canada would surely be one of the world’s principal suppliers. About 95% of the shafts would be rectangular with most of the remainder square. The term “squ…
Abandoned mines focus of program
A $10-million abandoned mines program is being set up by the Ontario government. The money for the Abandoned Mine Hazards Abatement Program was allocated in the recent budget brought down by the New D…
Placer Dome options claims near Kerr copper-gold deposit
Associated companies Kenrich Mining (VSE) and Ambergate Explorations (VSE) recently completed an option agreement allowing Placer Dome (TSE) to earn interests in various claims near the Kerr deposit n…
PEOPLE VANCOUVER VENTURE
Daryl Pollock appointed director.
PEOPLE GLIDER DEVELOPMENTS (July 22, 1991)
Murray Pezim appointed chairman; Don Head appointed president; Atha MacKinnon-Andrew appointed vice-president; Chet Idziszek appointed director.
PEOPLE SPECTRA VENTURES
Patrick Barry appointed president and director.