Jarvis plans marble mine
The mining of a 23-claim marble property 20 miles north of Sudbury, Ont., has been announced by Jarvis Resources (VSE) of Lively, Ont. The company said drilling, stripping and block removal have delin…
News
Saskatchewan to sell Potash warrants
The province of Saskatchewan has arranged to sell 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) at $18.75 per warrant. Subject to certain terms and conditions, each special warran…
Vancouver Stock Exchange (September 02, 1991)
Both the resource and composite indices continued to rebound during the week ended Aug. 27 following the tumultuous events in the Soviet Union. The composite index added 8.27 points to finish at 563.7…
Unlisted Trading (September 02, 1991)
Trading moderately during the week ended Aug. 27, Teddy Bear Valley Mines (CDN) picked up 15 cents to close at $1.75 after management announced it had resolved a claim ownership dispute with Card Lake…
INSIDER TRADING (September 02, 1991)
A couple of Timmins Nickel (TSE) executives took the opportunity recently to cash in on the company’s high flying share price. According to the Ontario Securities Commission OSC Bulletin, Chairman Cha…
Crown arranges needed financing
An investment bank has provided a firm commitment to complete a US$15-million debenture issue for Crown Resources (VSE) in Europe. The notes are due in 2001, carry a 5.75% coupon, and are convertible …
PEOPLE (August 26, 1991)
William Trimble appointed president and director; Fraser Martin appointed secretary/director.
FINANCING (August 26, 1991)
Internova Resources Ltd. – 600,000 shs offered @ 26 cents per sh. Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 45 cents per sh. Southern Alberta…
U.S. REPORT (August 26, 1991)
Halifax-based NovaGold Resources (TSE) will begin exploration on 55 claims contiguous to its Sawtooth property in Nevada, following an agreement with the WX syndicate, a group consisting of Westfield …
GOLD FUNDS (August 26, 1991)
BGR Central Net Value $8.94 $5.01 Price $8.00 $4.700 Discount 10.51% 6.2% Value $53,249,416 $79,074,210…
Contest winner visits Sudbury
Winner of an all-expense paid 3-day trip to Sudbury at the end of July, the grand prize in an Ontario Mining Week contest organized in June by the Ontario Mining Association (OMA), was Caroline Jung, …
New contract at Falconbridge
Union workers at the Sudbury, Ont., operations of Falconbridge voted 68% in favor of a new 3-year contract. Ratification came the day before a strike deadline by members of the Mine, Mill and Smelter …