Montreal Exchange (February 24, 1992)
Drill results from a program at the Granada property near Rouyn-Noranda, Que., gave project partners KWG Resources and SEG Exploration a lift during the week ended Feb. 18. The exploration program is …
News
Unlisted Trading (February 24, 1992)
Taking top spot on the most active list for the fifth week in a row, Canmine Resources lost 4 cents to close at 57 cents as drilling commenced on the FER copper-zinc property in northern Manitoba. Ove…
U.S. REPORT (February 24, 1992)
An improved operating performance at the Kendall gold mine enabled Canyon Resources (NASDAQ) to record its first year of operating profitabil- ity in six years as a public company. The Montana gold mi…
Turkish copper project near feasibility stage
An expanded work program and a feasibility study are being planned by Cominco Resources International (TSE) for its recently discovered Cerattepe copper deposit in northeastern Turkey. A drill program…
Dundee joins Outokumpu in Conroy move
Dundee Bancorp (TSE) recently joined with Outokumpu, the Finnish state mining company, to unseat the entire board of directors of Conroy Petroleum and Natural Resources, an Irish resources company. Th…
PRODUCER PRICES (February 24, 1992)
ALUMINUM: MW U.S. market US57.25-58.75 cents per lb. (Feb. 13, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…
Crystal Peak awaits permits
Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…
Drop in value of mineral output worries MAC
Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…
$400,000 program planned for Brewery Creek project
A $400,000 exploration program will begin shortly on the Brewery Creek property near Dawson, Yukon, a bulk-tonnage gold project owned 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). The prog…
NEWS IN BRIEF (February 17, 1992)
M.A. Hanna Co. of Cleveland reports the closing of an agreement to sell a 20% interest in Iron Ore Co. of Canada.
McKinney option
Consolidated McKinney Resources (VSE) has concluded an option agreement with Citadel Consulting to acquire a 75% interest (subject to a 2% net smelter return) in the Storm Group claims in the Osoyoos …
GOLD FUNDS (February 17, 1992)
BGR Central Net Value $8.31 $5.22 Price $7.75 $4.650 Discount 6.75% 10.9% Value $49,490,000 $78,232,995…