Langmuir nickel mine shuts down
The Langmuir No. 1 nickel mine near Timmins, Ont., has been put on temporary care and maintenance as a result of poor nickel prices and continuing losses, reports owner Timmins Nickel (TSE). Langmuir …
News
Montreal Exchange (February 03, 1992)
A successful flow-through financing worth $350,000 was reported by Ressources Robex, which has a drilling program planned for the Baie Bateman copper-gold property in the Chibougamau, Que., area. Trad…
Alberta Stock Exchange (February 03, 1992)
Shares of Horseshoe Gold Mining doubled in value during the week ended Jan. 28 as the company announced a joint venture on its Willow Creek gold property in Nevada. Coeur Explorations, a subsidiary of…
Toronto Stock Exchange (February 03, 1992)
Shares of Agnico-Eagle Mines and affiliate Goldex Mines reacted to drill results from an area north of the LaRonde mine in Quebec during the week ended Jan. 28. News that Agnico had cut a 9.5-ft. inte…
FUTURES PRICES (February 03, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 98.70 96.30 98.60 + 2.05 Mar 99.30 96.75 98.90 + 1.95 Apr 97.10 97.10 98.85 …. SILVER (in US cents per oz.)…
NO HEADLINE (February 03, 1992)
Geotech Capital Corp. (GEO:VSE) has changed its name to Vector Venture Corp. (VVG:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis.
PEOPLE (February 03, 1992)
Luciana George appointed director.
5 (February 03, 1992)
With reference to “Crude will take Eagle River to production with or without’ Hemlo” (T.N.M., May 20/91), the solution for Central Crude for the financing of the Eagle River gold deposit in northern O…
OBITUARY (February 03, 1992)
Charles Salter, former vice-chairman of the Ontario Securities Commission (OSC) who took an active interest in junior mining companies, died recently. He was 62. A lawyer by profession, Salter special…
PDAC Perspectives (February 03, 1992)
Canadians are being requested to think about and talk about — competitiveness. The implication of the new Ottawa initiative is that if we work harder and work smarter for less money, we will all beco…
Quebec to sell stake in Asbestos
After pumping hundreds of millions of dollars into Quebec’s asbestos industry over the years, provincially owned Societe Nationale de l’Amiante (SNA) says it intends to sell its interest in one of Que…
New zone taking shape at LaRonde
Surface drilling along a gold zone discovered 300 ft. north of the main horizon at Agnico-Eagle Mines’ (TSE) LaRonde mine near Rouyn-Noranda, Que., (T.N.M., Nov. 25/91) is producing encouraging result…