News

More sampling planned for Frasergold

Although details have yet to be finalized, the 1991 field program for the Frasergold project near Williams Lake, B.C., is expected to include more diamond and reverse circulation drilling and undergro…



PEOPLE CITY RESOURCES (CANADA)

David Paice appointed president and chief executive officer; Craig Munroe appointed chief financial officer; Craig Thomas appointed secretary; Andrew Robertson and Andrew Williams appointed directors….


COATS (over-the-counter) Willingdon doubles

Willingdon Resources racked up impressive gains in the week ended Feb. 26, as more than 700,000 shares changed hands. While the company’s stock doubled in price to $1.50, President George Cross said h…


PRODUCER PRICES (March 04, 1991)

ALUMINUM: MW U.S. Market US68-69 cents per lb. (Feb. 14, 1991). ANTIMONY: New York dealer US85-87 cents per lb. (Feb. 14, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMIUM:…


METAL PRICES FREE MARKET (March 04, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb26 Feb25 Feb22 Feb21 Feb20 Copper 1304-1306 1286-1287 1282-1284 1275-1280 1266-126…


Minerex gearing for 1991 (March 04, 1991)

With the signing of a new joint venture agreement on the Aurora partnership and with legal disputes with its former mining contractor behind it, Minerex Resources (TSE) is gearing up for a prosperous …


U.S. REPORT Newmont drops Bruner

The recent announcement that Newmont Mining (NYSE) dropped its option on the Bruner project has shed some light on the erosion of the share price of Miramar Mining (VSE) during the past month. Miramar…


Correction (March 04, 1991)

Parts of two lines were dropped inadvertently from the article New Ontario legislation targets previous owners” (T.N.M., Feb. 11/90). The correct version should have read: As well, the old Environmen…


IOCC GOLD OPTIONS; TORONTO STOCK EXCHANGE INDICES

Feb.26 Feb.25 Feb.22 Feb.21 Feb.20 HIGH LOW Composite “300” 3421.28 3445.62 3453.28 3471.87 3493.54 4009.47 3009.91 Metals & Minerals 3064.05 3091.80 3108.65 3133.43 3143.92 3453.06 2502.63 Integrated…


De Beers annual diamond sales total US$4.17b

Annual sales of rough diamonds by the Central Selling Organization (CSO) of De Beers totalled US$4.17 billion last year, up 2% from US$4.09 billion in 1989, the company reports. The 1990 sales figure …


PEOPLE LA TEKO RESOURCES

K. Stoker appointed president and director succeeding Edmund Babcock; Gordon Fretwell appointed director succeeding Chester Millar; Spencer Nelson appointed secretary2Dtreasurer succeeding Brian Irwin…


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