FINANCING (November 11, 1991)
North Slope Minerals Inc – 1,250,000 shs offered @ 25 per sh. Founder Resources Inc – 910,000 units consisting of 1 sh and 1/2 wt offered @ 45 cents per unit. Toltec Resources Ltd – 1,000,000 units co…
News
Taseko Mines looking for buyer
With this year’s 9-hole drilling program on the Fish Lake deposit near Williams Lake, B.C., complete, Taseko Mines (VSE) is searching for a buyer. Taseko is the operator of the project under a 3-year …
Wheaton River to sell stake in Yukon project
Wheaton River Minerals (TSE) is negotiating to sell a portion of its wholly owned Mount Skukum gold project as a way of raising the $4.5 million needed to bring the Yukon project into production. As W…
Loki ups reserves estimate at Brewery Creek project
The Brewery Creek gold project near Dawson, Yukon, is now reported to contain preliminary reserves in nine shallow deposits totalling about 16.5 million tons (diluted) at an average grade of 0.054 oz….
Lassonde to depict Soviet sojourn
Pierre Lassonde will be the speaker at a luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum, Nov. 21, at Toronto’s Royal York Hotel. With the aid of slides, he will talk abo…
Industrial minerals focus of conference (November 11, 1991)
If metals create the skeleton of an industrialized society, then non-metallic minerals form the flesh. Commonplace as they seem, industrial minerals enter practically every phase of life. They are the…
Metal prices pull price index down
Falling metal and mineral prices contributed to a decline in the commodity price index of Scotiabank in September of 0.7% from August. The all-items index is at its lowest level since May, 1987. Both …
Claude’s Seabee mine enters tune-up phase
Having brought its high-grade Seabee gold mine in Saskatchewan to the threshold of production, Claude Resources (TSE) expects to announce the first gold pour within the next couple of weeks. Only the …
Toronto Stock Exchange (November 11, 1991)
Happy shareholders of Fort Knox Gold (TSE) were reminded during the week ended Nov. 5 of some of the more spectacular stock price rallies of recent mining history. While intersections from Fort Knox’s…
Vancouver Stock Exchange (November 11, 1991)
The month of October returned the best trading performance of the Vancouver Stock Exchange in more than a year, with volume up 5% from September and 23% from the same period last year. The value of sh…
Fort Knox play reminiscent of market activity in the ’80s
It was just like the good old days — back in the mid-1980s — when a successful run on the junior mining market could finance a new Porsche or pay down part of the mortgage. Those who had seen their …
Unlisted Trading (November 11, 1991)
Trading almost 1.5 million shares during the week ended Nov. 5, Willingdon Resources says it has reached an agreement in principle to merge with Sandy K Mines, owner of a high-grade silver-cobalt prop…