1991

Correction (July 08, 1991)

Gold output by Agnico-Eagle Mines (TSE) in 1990 from its Joutel Twp. and LaRonde mining operations in northwestern Quebec totalled 162,443 oz., produced at an average cast cost of US$272 per oz. An ea…


NEWS IN BRIEF Drilling continues at Scott Lake

Thunderwood Resources (TSE) and Greenstone Resources (TSE) say stepout drilling at their Scott Lake joint venture has extended a zinc-copper rich massive sulphide zone from 1,800 ft. to a depth of 2,6…


Pacific proposes warrant issue

Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 each to replace a previously-announced common share placement. Each warrant will be exchangeable …



OBITUARY Archibald MacDonald Bell

Archibald MacDonald Bell, who for 38 years directed Noranda’s exploration program, died recently in Mississauga, Ont. He was 85. Born in Grafton, Australia, of Canadian parents, Bell attended the Uni…


Franco, Euro to cash in on royalties

Sister companies Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) are planning to move quickly to capitalize on their experience in the royalty acquisition field. The Toronto-based companies a…



EDITORIAL PAGE Attracting mining’s future leaders

The list of individuals inducted into the Canadian Mining Hall of Fame gives some idea of the diversity of people who built our mining industry into a world leader. But their accomplishments are not e…



Northair proposes share consolidation

The Toronto Stock Exchange refused to accept a proposal by Northair Mines (VSE) to consolidate the company’s stock on the basis of one new share for every five existing shares and to increase the auth…


Aur and Joutel to explore bet

Following an agreement between Joutel Resources (TSE) and Aur Resources (TSE), Joutel’s 26-claim copper-zinc prospect in northwestern Quebec will be given a second look. Under the agreement, Aur has …


NEWS IN BRIEF Muscocho plans share issue

Shareholders of Muscocho Explorations (TSE) recently granted the company permission to issue up to 11 million common shares to its creditors. The planned share issue is part of an amended plan of arra…


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