Toronto Stock Exchange Short Positions
Semi-monthly reports as of May 31, showed 22,558,548 shares of 583 issues compared with 25,640,565 shares of 587 issues on May 15. Larger individual positions included: Amer. Barrick 423,542, up 290,8…
News
New data on mineral-rich region
Reconnaissance scale stream sediment and water data covering a vast segment of southeastern British Columbia will be released later this month by the province’s Ministry of Energy, Mines and Petroleum…
EDITORIAL PAGE Putting the purse strings in local hands
When it comes to devising imaginative ways to support key industries like mineral exploration, Quebec is in a class of its own. Its version of flow-through share financing and its Stock Savings Plan a…
TORONTO STOCK EXCHANGE INDICES (June 17, 1991)
June 11 June 10 June 7 June 6 June 5 HIGH LOW Com.”300″ 3572.25 3569.28 3582.07 3576.87 3556.27 4009.47 3009.91 Metals & Minerals 3173.00 3172.59 3209.40 3234.16 3217.93 3453.06 2502.63 Integra…
Vancouver Stock Exchange Market quiet despite gold’s move
Despite an upswing in the price of gold during the week end the VSE composite index showed little movement, finishing at 566.61 The resource index fared better, adding 14.43 points to close at 55 G…
METAL PRICES PRODUCER PRICES (June 17, 1991)
ALUMINUM: MW U.S. Market US57.50-58.50 cents per lb. (May 30, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CAD…
Local decision-makers more responsive
As far as Fenton Scott can see, there is no light at the end of the tunnel for Canada’s junior mining companies. Already battered by high interest rates, investor apathy, and a large-corporations tax,…
Northfield reopens Cheminis mine
Northfield Minerals (ASE) has resumed work at the Cheminis gold mine near Virginiatown, Ont., and expects to process its first ore within 6-8 weeks. At the moment, Northfield is reactivating the surf…
Spot prices at a glance (June 17, 1991)
Price (US) Week’s Change Gold* $370.70 + $ 9.10 Silver* $ 4.51 + $ 0.34 Platinum* $379.75 + $ 1.25 Nickel** $ 3.69 — $ 0.01 Lead** $ 0….
Mining Hall of Fame invites nominations
Calls are again going out for nominations for admission to the Canadian Mining Hall of Fame, the successful candidates from which will be ceremoniously inducted at its fourth annual banquet billed for…
Breakwater closes Estrades less than a year after startup
Citing weak metal prices, Breakwater Resources (TSE) suspended operations in early June at its 70% owned Estrades polymetallic mine in northwestern Quebec. Golden Group Explorations (VSE) has an 18% …
Diepdaume plans to start up mill
Toronto-based Diepdaume Mines (VSE) plans to start up its custom mill in the Timmins gold camp of northern Ontario this month. Initially, the mill will be fed by a 60,000-ton stockpile from the Ross m…