1991



Trimin share offer expires

An offer by Trimin Resources (VSE) to purchase up to 2.2 million of its common shares at a cash price of $2 per share expired with only 556,657 shares tendered. After taking up these common shares, Tr…


Perceptions of risk: Rationality vs Emotion

Why is it so difficult for industry to communicate with other groups in society, such as environmentalists, workers, unions and journalists about issues of environment and health? Why do apparently ra…


Writeoffs hurt Echo Bay despite record production

Despite record gold production from its four major mines, Echo Bay Mines (TSE) lost almost US$60 million in 1990 as writeoffs on gold mining investments took their toll on operating earnings. Compared…


Willingdon hits thin, rich zone at Kenora

A 2,216-ft. drilling program on Willingdon Resources’ (COATS) Sioux Narrows property near Kenora, Ont., has intersected the gold-bearing structure in all six holes. Results from the shallow, narrow zo…


Hecla, CoCa approve merger plans

The boards of Hecla Mining (NYSE) and CoCa Mines (NASDAQ) unanimously approved a definitive merger agreement that will result in CoCa becoming a wholly owned subsidiary of Hecla. The companies hope to…


Madeleine faces environmental charges

Toronto-based Madeleine Mines (TSE) and company President J. Patrick Sheridan were recently charged with six counts of violating Ontario’s environment laws. The charges were laid February 14 following…


INSIDER TRADING (February 25, 1991)

Two of Glamis Gold’s (TSE) senior executives recently took the opportunity to cash in on the company’s success. According to the Ontario Securities Commission’s OSC Bulletin, James Billingsley, Glamis…


Montreal Exchange Hot Freewest find

Drilling of Freewest Resources’ Benoit Twp. property near Miquelon in northwestern Quebec continued to return wide widths, the company reported. For the week ended Feb. 19, shares of the junior rose t…



Akiko-Lori drops bid for Bradner

Rather than pursue a hostil takeover, Akiko-Lori Gold Resources (VSE) has agreed to withdraw its recent offer to acquire Bradner Resources (VSE). Bradner’s board of directors refected Akiko-Lori’s pro…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close