1991

On the Level (September 16, 1991)

It just gets sillier and sillier — and closer to home. I’m referring to costly hurdles being thrown at mining developments by aboriginal groups. I recently wrote about a situation in Australia where …


Montreal Exchange (September 16, 1991)

Indices in declineBoth the market portfolio and mining and minerals index took it on the chin during the week ended Sept. 10, with the former off by 21.7 points and the latter down by 27.3 points. Dai…


Teck finances Western Copper

A private placement of 200,000 flow-through shares of Western Copper Holdings at a price of 75 cents per share will give Teck (TSE) a 42% interest in the junior company. Teck also has a warrant to pur…


Merger proposed between MinVen and United Coin

Denver-based MinVen Gold (TSE) is set to acquire full ownership of the Golden Reward mine in South Dakota by merging with United Coin Mines (TSE). MinVen holds 33% of the low-grade Black Hills heap le…


LAC expands mill for Bousquet 2 ore

A $15-million expansion program, designed to support an increase in production to 2,000 from 1,500 tons per day, will begin immediately at the East Malartic mill, says owner LAC Minerals (TSE). The ex…


Taywin acquiring Mexican property

In concert with numerous other juniors looking further afield for promising mineral properties, Taywin Resources (VSE) recently announced it is participating in a Mexican exploration program involving…



Giant Bay active in Malaysia

Bioleaching technology specialist Giant Bay Resources (TSE) is moving to take advantage of opportunities in northeast Malaysia following the decline of the communist party there. The Vancouver-based c…


TORONTO STOCK EXCHANGE INDICES (September 16, 1991)

Sept 10 Sept 9 Sept 6 Sept 5 Sept 4 High Low Composite “300”3448.15 3478.96 3488.29 3485.49 3486.84 4009.47 3009.91 Metals & Minerals2976.40 3008.09 3026.10 3034.07 3022.42 3453.06 2502.63 Integrated …


Cathedral in the red

Higher production costs at the Sterling gold mine in Nevada pushed Cathedral Gold (TSE) into the red with a loss of $51,000 on revenue of $726,000 for the second quarter ended June 30. The results com…


Permits approved for Adonos project

Permits needed for the re-opening of the Idaho Springs mining property in Colorado have been approved, Adonos Resources (VSE) reported. Adonos, which has a 50% interest in the project, said the proper…


Alberta Stock Exchange (September 16, 1991)

Taking top spot on the most active list for the week ended Sept. 10 was Stampeder Exploration, a generally quiet trader with mineral properties near Timmins, Ont. Trading 539,500 shares, the junior al…


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