TSE agrees to operate COATS
The Toronto Stock Exchange (TSE) has agreed to take responsibility for the unlisted stock market known as COATS. Towards the end of January, the TSE will take over the trading system from the Ontario …
News
Glib one-liners reveal shallow view of others’ efforts
What a dizzying assortment of one-liners there has been over the last century. Generally short in their effect, directives such as the following have tended to steer some of us in a particular directi…
Minnova to drill Big Island bet
A 5,000- metre diamond drilling program is scheduled to begin before month- end at the Big Island property located near Flin Flon, Man. Minnova (TSE) is earning a 50% interest in the property from New…
Toronto Stock Exchange Indices (January 14, 1991)
Jan. 8 Jan. 7 Jan. 4 Jan. 3 Jan. 2 HIGH LOW Composite “300” 3182.42 3201.00 3216.59 3221.73 3239.36 4009.47 3009.91 Metals & Minerals 2648.61 2650.66 2677.34 2682.61 2742.67 3453.06 2502.63 Integrated…
IOCC GOLD OPTIONS (January 14, 1991)
Options Open Series Volume Last Interest Feb. 380 C 181 21.00 906 Feb. 390 C 330 14.50 1,545 Feb. 400 C 623 9.90 2,287 Feb. 410 C 355 5.50 1,599 Feb. 420 C 292 4.50 2,492 Feb. 450 C 519 2.00 1,364 May…
HudBay makes rich zinc strike deep below Trout Lake mine
Deep drilling at the Trout Lake mine near Flin Flon, Man., has uncovered another high-grade lens below the current workings. At the 3,050-ft. level, about 920 ft. below the shaft bottom, the new lens …
Montreal Exchange TVX given boost
Trading during the first days of the new year was off to an inauspicious start, with the general market portfolio index slipping by more than 21 points for the week ended Jan. 8. The mining and minera…
Major arranges line of credit for winter drilling in Ontario
Funds made available through a 6-month line of credit will allow Major General Resources (VSE) to initiate a winter drilling program at its wholly owned Meen Lake, McVean Lake and First Loon propertie…
Canadian Mining Hall of Fame – Inductee JOHN D. SIMPSON, 1901-1988
It is largely due to the direction of John D. Simpson that Placer Development, a predecessor company of Placer Dome Inc., developed a global perspective that characterizes a growing number of Canadian…
Campbell Resources raises $8.6 million in rights offering
Toronto-based Campbell Resources (TSE) has raised $8.6 million through the issuance of 19.6 million shares under a recently completed rights offering. The offering entitled each shareholder to subscri…
Canadian Mining Hall of Fame – Inductee ALBERT A. KOFFMAN, 1910-
During a 45-year career in mining, Albert A. Koffman’s efforts led to the discovery of 13 base metal mines including the discovery and development of a new mining district in Manitoba. This remarkable…
Canadian Mining Hall of Fame – Inductees NORMAN C. PEARCE, 1889-
They never discovered a single showing or hoisted a ton of ore, but Norman and Richard Pearce chronicled the burgeoning Canadian mining industry in the pages of The Northern Miner weekly newspaper for…