FINANCING (November 25, 1991)
Silverstone Resources Ltd – 1,500,000 shs offered @ 17 per sh.
News
FUTURES PRICES (November 25, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 104.90 103.80 104.25 – 1.55 Dec 104.55 103.20 103.75 – 0.85 Jan 103.50 103.40 103.15 – 0.75 SILVER (in US cen…
Agnico president active in market
Agnico-Eagle Mines (TSE) recently reported the discovery of a new gold-bearing zone 300 ft. north of the main production area at its LaRonde gold mine at Cadillac Twp., Que. President Paul Penna bough…
Synthetic industrial minerals studied
An industrial mineral background paper exploring the development potential for manufacturing synthetic industrial minerals in Ontario was recently released by the Ontario Ministry of Northern Developm…
Funds available for Rabbit Lake review
Participants in the review of Saskatchewan’s Rabbit Lake uranium project are eligible for funding from the Federal Environmental Assessment Review Office (FEARO). A fund of up to $125,000 is available…
EDITORIAL PAGE (November 25, 1991)
“Natural resources account for one dollar in every five of the wealth generated by primary and secondary industries in this country. When we consider productivity of workers in Canada’s manufacturing …
Hisway plans drill program
With the successful completion of geochemical and geophysical surveys on the Holberg Inlet property on northern Vancouver Island, Cameco (TSE) is planning a 700-metre drilling program. Cameco can earn…
Vancouver Stock Exchange (November 25, 1991)
Trading activity followed the lead of major markets in the east, with both local indices losing ground during the week ended Nov. 19. The composite index dropped by 18.38 points to finish at 556.36, w…
FREE MARKET (November 25, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 Copper 1311-1312 1326-1327 1357-1358 1341-1342 13…
VSM completes more drilling
Recent drilling on the Grevet zinc project in northwestern Quebec has intersected two new zinc-bearing horizons north of the Orphee zone. Although the mineralization is not economical, partners VSM Ex…
OBITUARY (November 25, 1991)
Noted consulting engineer Arthur Stewart Bayne died earlier this month. He was 81. Born in England, Bayne graduated from Queen’s University in Kingston, Ont., with a degree in mining and metallurgy an…
Amax gets permit for Hayden Hill after 2-year wait
Final permits for the Hayden Hill gold project northwest of Susanville, Calif., have been received by owner Amax Gold (NYSE), clearing the way for an immediate construction start. Amax completed a pos…