Stanley to speak at CIM luncheon
The president of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), William Stanley, will be the guest speaker Dec. 9 at the monthly luncheon of the Toronto branch of the CIM. Stanley, …
News
Products in demand
No matter what the subject, you can always get a second opinion — if not a third and fourth. Take the question of the Canadian dollar. Few in the mining industry would argue against the need to keep …
International Musto eyes copper-gold deposit in Argentina
The share price of International Musto Explorations (VSE) was given a boost by speculation the company may acquire a bulk-tonnage copper-gold deposit in Argentina. The company recently announced it wa…
Inco options Queen Charlotte properties
A recent option agreement with Doromin Resources (VSE) gives Inco (TSE) the right to explore a number of polymetallic properties held by Doromin on the Queen Charlotte Islands of western British Colum…
Gold price volatility fades as industry matures, says study
The global gold market is “a solid, vital industry” which has reached a mature state, says Metal Market Consultants of Lakewood, Colo., in Gold Situation 1991. The consulting company, in its fifth ann…
Dromedary to earn La Choya interest
An option to buy the La Choya gold project in Mexico was recently acquired by Hecla Mining (NYSE). Should Hecla decide to place the property into production, Dromedary Exploration (VSE) has the right …
PRODUCER PRICES (December 09, 1991)
ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Nov. 26, 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). CAD…
Alberta Stock Exchange (December 09, 1991)
With three option agreements in hand, Goldhunter took off during the week ended Dec 3., gaining 20 cents to close at 46 cents. Goldhunter, which holds property on the western and northern boundaries o…
Crown Jewel deposit outlined
The recent stepout drilling program on the Crown Jewel property in northeastern Washington state has essentially outlined the limits of the deposit, and a new reserve estimate is currently being calcu…
INSIDER TRADING (December 09, 1991)
TVX Gold directors Fernando Cabral Silva and Nigel Lees took the opportunity recently to reduce their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin…
23
Halifax-based NovaGold Resources (TSE) expects to begin a second drill program on its base metal property in the California Lake area of northeastern New Brunswick after receiving results from the fir…
Cobalt Revisited
Cobalt, Ont., the cradle of Canada’s mining industry, has provided the backdrop for Jessica, a novel which depicts life at the turn of the century. Jessica was a nurse among the miners, bushwhackers, …