Toronto Stock Exchange (March 09, 1992)
Recovering from a computer breakdown that forced the exchange to close for more than half a day, the TSE 300 was up 10.85 to 3587.64 today, March 4. The moderate increase followed a record high set on…
Articles by Northern Miner Staff
TORONTO STOCK EXCHANGE INDICES (March 09, 1992)
Mar 3 Mar 2 Feb 28 Feb 27 Feb 26 High Low Composite “300” 3576.79 3579.47 3580.94 3584.08 3580.46 4009.47 3009.91 Metals & Minerals3115.70 3096.57 3096.02 3094.21 3126.27 3453.06 2502.63 Integrated Mi…
Alberta Stock Exchange (March 09, 1992)
News about Durvada Resources’ plan to bring its Yellowhorse-Chiquita claims near Las Vegas, Nev., to small-scale production didn’t seem to cause much excitement among investors. Trading 66,700 shares,…
Unlisted Trading (March 09, 1992)
Assay results from the first two of 12 holes planned for the FER base metal property northeast of Flin Flon, Man., look encouraging, Canmine Resources reports. The junior traded in a high-low range of…
GOLD FUNDS (March 09, 1992)
BGR Central Net Value $8.25 $5.15 Price $7.50 $4.600 Discount 9.04% 10.7% Value $49,092,000 $77,391,780…
Cal Graphite settles lawsuit
Ontario graphite producer Cal Graphite (TSE) says it has settled a lawsuit and mechanics lien action against the company and other parties. The legal action was filed by B&M Carriers Inc., a subcontra…
Abo, Bema find Harrison partner
Partners Abo Resource (VSE) and Bema Gold (TSE) recently found a new joint venture partner to fund ongoing work at their Harrison gold property, 60 miles from Vancouver, B.C. Under the terms of a lett…
Queenston to buy Barrick stake in Pandora property
An agreement to purchase the 75% interest of American Barrick Resources (TSE) in the Pandora gold property near Malartic, Que., has been negotiated by Queenston Resources (TSE). The deal, expected to …
Placer options Dundee gold claims
Under a recent agreement with Dundee-Palliser Resources (TSE), Placer Dome (TSE) has acquired the right to earn a 60% interest in 55 gold claims in Desjardins Twp., northwestern Quebec. The terms of t…
Quintette makes deal with railway
As a result of an 11th-hour agreement with B.C. Rail, Quintette Coal managed to meet its Feb. 29 deadline to file its restructuring agreement with the British Columbia Supreme Court. Quintette has bee…
Lower prices, output hurt Hecla in 1991
A net loss of US$15.4 million was reported by Hecla Mining (NYSE) for 1991, a downturn from 1990 when the company recorded net earnings of US$6.7 million. A loss of US$1.9 million on revenue of $27.3 …
Igneous financing
Igneous Stone Corp., 50.1% owned by Black Cliff Mines (TSE), has entered into an agreement with an investor group whereby the group will provide $500,000 in equity financing which will be used to brin…