News

Infrastructure makes up for Andacollo’s low grade

The old maxim about finding new mines near old ones has been taken to the extreme by Placer Dome (TSE). The Andacollo copper project, 50 km from this picturesque coastal town, not only is near, but vi…



Toronto Stock Exchange (November 25, 1991)

Dark visions of how a sloth-like economic recovery will affect corporate earnings sent share prices in New York and Toronto tumbling downward during the week ended Nov. 19. Recognizing that stocks are…


PEOPLE (November 25, 1991)

Walter Lawrence elected senior vice-president, operations; Eric Hamer elected vice-president and general manager.




White Star rises as talks continue on Kidd property

Shares of White Star Copper Mines (CDN) have soared since the junior announced that it is negotiating with a “major mining company” to explore its Kidd Creek area play near Timmins, Ont. White Star’s …


LETTERS TO THE EDITOR (November 25, 1991)

I was stunned regarding the recent announcement by Eurus Resource that no additional work is to be carried out on the Rock & Roll property of Eurus and Thios Resources (T.N.M., Oct. 28/91). As a longt…


New offering planned by Barrick

A public offering worth $113 million is planned by American Barrick Resources (TSE). The offering of four million common shares was announced on a “bought basis” at $28.25 per share. The shares will b…




Low costs at Golden Giant

The low-cost Golden Giant mine of Hemlo Gold Mines (TSE) on the north shore of Lake Superior continues to perform well. The company reports third-quarter gold output of 118,110 oz. (about the same as …


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