NEWS IN BRIEF (November 25, 1991)
Tyme Resources Ltd. (TYZ:VSE) has changed its name to North American Tire Recycling Ltd. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is National Trust.
Articles by Northern Miner Staff
Williams Creek drills at Westport
A 5-hole, 2,600-ft. drill program was recently completed by Williams Creek Explorations (VSE) on its wholly owned crown-granted Westport claims in the historic Wells-Barkerville gold camp in central B…
Cons. Brinco revises Hillsborough deal
Consolidated Brinco (TSE) and Hillsborough Resources (TSE) have revised the terms of their proposed merger to give Brinco shareholders a larger share of the merged company. The revised deal gives Brin…
St. Genevieve would amalgamate certain companies
An amalgamation involving companies within the St. Genevieve Resources (TSE) group of Montreal has been proposed for Jan. 1, subject to shareholder and regulatory approval. To be amalgamated are Bay R…
Better quarter for Cominco Res.
An improved operating performance has enabled Cominco Resources International (TSE) to reduce its losses this year over those reported a year earlier. A modest loss of $76,000 was reported for the rec…
Soviet factor skews forecasts for nickel market
Worldwide nickel consumption in balance with production until the late 1990s and annual growth in consumption at a galloping 3.4% after that (at least until 2005.) These were the projections of nickel…
Alberta Stock Exchange (November 25, 1991)
Northfield Minerals picked up 8 cents to close at 83 cents for the week ended Nov. 19 as the company poured its first gold from the Cheminis mine east of Timmins, Ont. More than 1,200 oz. were recover…
PROFILE (November 25, 1991)
Some observers, prompted by Inco Ltd.’s recent staking and drilling activity, note a change in its approach to exploration: a conservative company has become more aggressive in its search for ore. In …
TORONTO STOCK EXCHANGE INDICES (November 25, 1991)
Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 High Low Composite “300” 3515.32 3550.76 3535.48 3575.84 3596.92 4009.47 3009.91 Metals & Minerals 2947.26 2982.22 2999.24 3028.17 3108.57 3453.06 2502.63 Intergrate…
TSE Short Positions (November 25, 1991)
Semi-monthly reports as of October 31, showed 19,829,016 shares of 582 issues compared with 21,518,619 shares of 580 issues on October 15. Larger individual positions included: Amax Gold 70,600, down …
Placer reports record production
The latest financial and operating results released by Placer Dome (TSE) reveal record gold production and considerable progress being made in the company’s efforts to lower overall production costs. …
Unlisted Trading (November 25, 1991)
White Star Copper Mines (CDN) emerged as the top trader during the week ended Nov. 19, jumping from 10 cents to 50 cents in a matter of days. The junior says it is negotiating with a major mining comp…