Fort Knox hits nickel-copper at Shining tree
Results from Fort Knox Gold Resources (TSE) claims in the Shining Tree area of northeastern Ontario have boosted the company’s stock and ignited further staking in the area. Following up a narrow nick…
News
Crown one of few juniors actively exploring at Carlin
The Cord Ranch property owned by Crown Resources (VSE) is one of the few sites of exploration activity by a junior company within the Carlin Trend. The property is about 20 miles south-southeast of Ca…
Toronto Stock Exchange (October 28, 1991)
Gold lost none of its new-found glitter during the week ended Oct. 22, as analysts continued to assess the impact of new revelations about Soviet reserves on future supply. A feasibility study release…
Prince of Wales opens Inco’s mill, smelter improvements
Nickel producer Inco (TSE) says it has completed 85% of the work required to meet Ontario government regulations for reduced sulphur dioxide emissions at its Sudbury, Ont., facilities. Inco’s “sulphur…
New Brunswick’s November agenda
The New Brunswick Pro-spectors and Developers Association (NBPDA) will hold this year’s general meeting with the Canadian Institute of Mining, Metallurgy and Petroleum at 8 p.m. on Nov. 4 in the Frede…
Mining wary of NDP’s victories
Now that Michael Harcourt has led the New Democratic Party to victory in the recent British Columbia election, the province’s business community is waiting to see if the premier-elect will be as moder…
Proposals threaten uranium mines
New radiation exposure limits proposed by the Atomic Energy Control Board (AECB) threaten to close some of Canada’s existing underground uranium mines and prevent the development of new ones, says Tim…
TSE hopes to boost level of unlisted market’s credibility
Following a reluctant takeover of Ontario’s over-the-counter trading system three months ago, The Toronto Stock Exchange (TSE) plans to increase the credibility of the Canadian Dealing Network (CDN) b…
U.S. REPORT (October 28, 1991)
Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return high-grade gold intersections for owners Dessir Resources (VSE) and A.T.& E. Mining. Dessir is earning a 50% interest in th…
Metall shuffles mining interests
German mining giant Metallgesellschaft AG recently announced a $195-million transaction designed to streamline its holdings in North America and Australia. Through its 59.3% owned Toronto subsidiary M…
TORONTO STOCK EXCHANGE INDICES (October 28, 1991)
Oct 22 Oct 21 Oct 18 Oct 17 Oct 16 High Low Composite “300” 3467.39 3467.21 3482.34 3466.15 3462.96 4009.47 3009.91 Metals & Minerals 2991.86 3003.25 3031.99 3015.69 3044.31 3453.06 2502.63 Intergrate…
OBITUARY (October 28, 1991)
Noted prospector William Knox, founder of TSE-listed Fort Knox Gold, died recently in Toronto. He was 75. Knox is best known for his involvement in tantalum-columbium discoveries at Oka, Que., and bas…