Toronto Stock Exchange (December 23, 1991)
Placer Dome stunned investors and angered executives at International Corona during the week ended Dec. 17 by pulling out of a $240-million proposal to develop the Eskay Creek gold deposit in British …
Articles by Northern Miner Staff
Vancouver Stock Exchange (December 23, 1991)
The outlook for resource issues on the VSE shifted from bad to worse during the week ended Dec. 17, with the resource index dropping by more than 40 points to 444.4. The composite index fared better, …
Dessir faces uphill battle at Gibbs project in California
The land package controlled by A.T.& E. Enterprises measures over 10,000 acres, or roughly five square miles of heavily forested mountain ridges and valleys near this small town located about 100 road…
Montreal Exchange (December 23, 1991)
Strong investor interest was evident during the week ended Dec. 17, with daily trading volumes ranging between 5.3 million and 11.8 million shares. Both the market portfolio and mining and minerals in…
Alberta Stock Exchange (December 23, 1991)
It has been a busy month for Kingswood Explorations (ASE), which optioned one of its properties, tendered most of the shares of a private exploration concern and is planning a drill program near Mathe…
Golden Tag takes 50% interest in claims near Grevet
Subject to regulatory approval, Golden Tag Resources (VSE) has acquired a 50% interest in 41 claims in Verneuil Twp., Que., adjacent to Grevet Twp. and eight miles east of Quevillon. No serious explor…
Richmont shares (December 23, 1991)
Golden North Resource (TSE) of Vancouver said it recently acquired 1.36 million shares (11.5% interest) of Richmont Mines (TSE). Richmont is the operator, and 50% owner along with LAC Minerals (TSE), …
LETTERS TO THE EDITOR (December 23, 1991)
I note that the Canadian Mining Hall of Fame, in its fourth year of existence, has decided to induct Sir William Logan at its Jan. 6, 1992, ceremony at Toronto (T.N.M., Dec. 2/91). My thought is that …
NO HEADLINE (December 23, 1991)
ALUMINUM: MW U.S. market US49.50-50.25 cents per lb. (Dec. 5, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…
Montanore suspension continues
Development work at the Montanore copper-silver project near Libby, Mont., remains suspended because of environmental problems. Noranda (TSE), 55% owner of the project, was forced to shut down operati…
Maurice Hamelin faces 20-year ban
In late November, the British Columbia Securities Commission ordered the removal of Maurice Hamelin’s trading rights, and prohibited him from acting as a director or officer of a public company for 20…
Van Nest steers Landmark into merger with Gateford
Originally a mining exploration company, Calgary-based Gateford Resources (ASE) plans an amalgamation with closely associated Landmark Corp. (TSE). Under the aegis of Vancouver businessman Gary Van Ne…