PEOPLE INTERNATIONAL SUNEVA RESOURCES
Murray Pezim appointed director.
News
U.S.REPORT Barrick, Newmont merger would represent new tier
If American Barrick Resources (TSE) and Newmont Mining (NYSE) proceed with plans to merge their North American assets into a single company, the amalgamation will automatically create a new class of g…
U.S.REPORT NEWS IN BRIEF Rio Algom acquires properties
A unit of Rio Algom (TSE) recently agreed to purchase all of the outstanding common shares of Uranium Resources (TSE) at US$6.40 per share. The major company already holds about 8% of Uranium Resourc…
Pacific looks at Aussie bet
Pacific Metals (ASE), formerly Jerome Gold Mines, has entered into a letter of intent to purchase a 50% interest in the Wattle Gully gold mining project in Australia. Situated in the Chewton goldfiel…
TORONTO STOCK EXCHANGE INDICES (July 01, 1991)
June 25 June 24 June 21 June 20 June 19 HIGH LOW Comp “300” 3478.69 3478.77 3516.21 3527.34 3529.47 4009.47 3009.91 Metals & Minerals 3161.77 3162.36 3204.57 3226.18 3218.47 3453.06 2502.63 Integ…
Toronto Stock Exchange Royal Oak settles with dissidents in Pamour
The consolidation that has become fashionable lately in the gold industry gathered steam during the week ended June 25, with Royal Oak Resources cutting a deal with dissident shareholders in the Pamou…
Lower costs at White mine help Dickenson up earnings
The new management team at Dickenson Mines (TSE) has achieved a 40% jump in earnings for the first five months of the year, said Rob McEwen, chairman, president and chief executive officer at the annu…
Hyder options West Pride ground
A recently signed option deal gives Hyder Gold (VSE) the right to earn a 50% interest in the Railway-Zetu Creek property owned by West Pride Industries (VSE). The property is in the north Iskut regio…
Galactic reviewing DCC merger
With one merger already on its plate, Galactic Resources (TSE) is reviewing the possibility of a second merger. The company has been in the process of merging with Cornucopia Resources (TSE) for som…
TSE Short Positions (July 01, 1991)
Semi-monthly reports as of Jun 15, showed 24,245,977 shares of 564 issues compared with 22,603,148 shares of 583 issues on May 31. Larger individual positions included Amer. Barrick 242,362, down 181,…
Grade, location in Habsburg’s favor at Dome Mountain
With the signing of an option deal earlier this year, Habsburg Resources (VSE) hopes to have its Dome Mountain gold-silver property in production by September. The option agreement gives Timmins Nick…
Sherritt plant near capacity
Nickel processor Sherritt Gordon (TSE) recently reported that it expects its refinery at Fort Saskatchewan, Alta., will operate at better than 90% of capacity for the remainder of 1991. In its first-q…