Toronto Stock Exchange (September 30, 1991)
Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…
Articles by Northern Miner Staff
Guest Column; Business must practise what it preaches
The Canadian business community faces a crisis of confidence in our credibility with the general public. Too many Canadians believe that we, the business community, do not operate in a manner that ben…
NEWS IN BRIEF (September 30, 1991)
Marshall Minerals (ASE) announced a normal course issuer bid to acquire about 1.4 million of its outstanding shares through the open market to Sept. 15, 1992. The company has almost 27 million shares …
St Andrew bonds
A renewal of an offer to exchange 5.75% convertible bonds into convertible preferred shares at a ratio of 2,940 preferred shares for each CHF (Swiss franc) 5000 bond, until Sept. 27, has been announce…
Keno mine adits under observation
The president of United Keno Hill Mines (TSE) says the company is addressing Environment Canada concerns about pollution from two adits at the Elsa silver mine. “We believe we’ve got a solution that w…
Horne Fault takes option on tailings
In return for a US$2.5-million payment, Horne Fault Mines (CDN) has been given the option to acquire a 2.2% net smelter royalty on a gold tailings recovery operation in the southwestern U.S. A metallu…
Unuk drilling sparks market activity
Drilling on the Unuk project in the Eskay Creek region of northwestern British Columbia is generating some market excitement, particularly in the two junior companies involved. Granges (TSE) recently …
Trev increases Jamaican holdings
Calgary-based Trev (ASE), which is becoming increasingly active in the mineral exploration business, says it has expanded its Bellas Gate property in Jamaica to encompass more than 44 square miles. Th…
Montreal Exchange (September 30, 1991)
Daily trading volumes ranged between 3.8 million and 5.4 million shares and both the market portfolio and mining and minerals index took losses during the week ended Sept. 24. The market portfolio was…
Sa Dena Hes mine officially opened
The new Sa Dena Hes lead-zinc mine at Watson Lake, Yukon, was officially opened Sept. 24 by joint venture partners Curragh Resources (TSE) and Hillsborough Resources (TSE). The new mine, known formerl…
TSE Short Positions (September 30, 1991)
Semi-monthly reports as of September 15, showed 22,743,881 shares of 607 issues compared with 21,859,304 shares of 574 issues on August 31. Larger individual positions included: Alliance Res. 48,500, …
PROFILE (September 30, 1991)
The time: after dark. The place: an Ontario provincial park. Prospector Pete, who wears a grizzly red beard and a funny old hat, comes from the ice age. Stomping around in big boots before an audience…