PEOPLE WESTERN MINING CORP. HOLDINGS (AUSTRALIA)
Keith Hulley appointed executive general manager, operations.
News
Aur Res. claims massive writedown
A writedown of capitalized exploration and development costs incurred in prior years contributed to Aur Resources (TSE) reporting a loss for its fiscal year ended Sept. 30, 1990, of $40.9 million. Rev…
Asarco options Col copper bet!!
A recent agreement between a unit of AsarcoKookaburra Gold…
Golden Dragon, Glen Auden report assays
Partners Golden Dragon Resources (VSE) and Glen Auden Resources (TSE) have released more assays from their Beatty Twp. gold project under option to Noranda (TSE) in northern Ontario. Noranda Explorati…
COATS (over-the-counter) Strike soars to 65 cents
Confirming a base metal find on their property near Matachewan, Ont., Strike Minerals soared to new highs for the week ended Jan. 22, gaining 20 cents to close at 65 cents on a volume of 509,700. Part…
Teck bows out of Platinova play
Vancouver-based Teck (TSE) has withdrawn from participation in the East Greenland gold-platinum project of Platinova Resources (TSE), the latter company reported. Toronto-based Platinova said an assay…
METALS PRICES FUTURES PRICES
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 107.40 106.35 106.50 –2.15 Feb 107.10 106.00 106.85 –1.90 Mar 106.40 105.00 105.95 –1.75 SILVER (in US cen…
Tundra Gold plans to restructure
Management of Tundra Gold Mines (VSE) is considering a share capital restructuring designed to attract new investors. Still active in Quebec and Ontario, the Vancouver company is also planning to chan…
Dome recovering from bitter strike
Production levels are slowly getting back to normal at the Placer Dome (TSE) Dome gold mine here. The 82-year-old producer is bouncing back from a bitter 5-month strike by the United Steelworkers of A…
Base metal assays revive Queenston
One of five recent holes drilled by Queenston Mining (TSE) and Strike Minerals (COATS) on their 127-claim Robertson Twp. property has intersected 14.3 ft. grading 0.93% copper and 5.17% zinc. The clai…
Toronto Stock Exchange Indices (January 28, 1991)
Jan. 22 Jan. 21 Jan. 18 Jan. 17 Jan. 16 HIGH LOW Composite “300”3196.75 3205.20 3210.46 3201.64 3164.49 4009.47 3009.91 Metals & Minerals2746.81 2790.31 2789.88 2757.13 2689.59 3453.06 2502.63 Integra…
Rush is on for Eagle River feasibility
A long-awaited feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., should be ready by the end of the month, says Richard Nemis, president of Central Crude (TSE). The study wi…