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…
1991
Timmins Nickel cuts loss as operating costs decline
Despite a substantial drop in the price of its main commodity, Timmins Nickel (TSE) has boosted annual operating profits by 73%. For the 12 months ended May 31, the small producer sold 2.8 million lb….
EDITORIAL PAGE (September 09, 1991)
They’re not building mining towns anymore, and that may be just as well. But new mines can still contribute dramatically to the economic well-being of outlying areas and generally bolster regional dev…
Record output for Campbell
A record first-half gold production of 43,700 oz. was reported by Campbell Resources (TSE) from its Joe Mann mine near Chibougamau, Que. The mine also turned out 783,000 lb. copper for Campbell, which…
Near reserve threshold Brewery Creek work continues
Partners Hemlo Gold Mines (TSE) and Loki Gold (VSE) plan to spend a further $1.2 million this year to better determine the reserve potential of the Brewery Creek gold project, some 35 miles from this …
LAC swallows rest of Bond Gold
Bond International Gold became a wholly owned subsidiary of LAC Minerals (TSE) on the last day of August, after a scheme of arrangement for the takeover was sanctioned by the Grand Court of the Cayman…
LAC finds 850 missing shareholders
After a summer of sleuthing on behalf of LAC Minerals (TSE), Ewan Mason and Vangie Mamoukarys are satisfied they have done everything possible to find the company’s “missing shareholders.” O.Tut of a …
Rio’s Elliot Lake workers accept 3-year wage contract
Pensions were given top priority by unionized employees at Rio Algom’s (TSE) Elliot Lake, Ont., operations, who voted recently to accept a new 3-year wage contract. Roughly 74% of Rio Algom’s maintena…
Aurtec feasibility under way
A $500,000 feasibility study on the Bakoudou gold mining property in Gabon is progressing smoothly, reports Aurtec Mining Development (ME). The company hopes to bring the deposit, which contains a pre…
PEOPLE (September 09, 1991)
Brian Staples appointed director.
Meston gets extension for option on MSV’s Eastmain
A joint venture agreement between Campbell Resources’ (TSE) subsidiary Meston Lake Resources and MSV Resources (ME), scheduled to expire March 31, has been extended for an indefinite period of time. T…
Jordex looking at laterite nickel deposit in Venezuela
A Venezuelan company 50% owned by Jordex Resources (VSE) recently received the exploration and mining rights for the Loma de Hierro nickel deposit in Venezuela. Inco originally owned the concessions a…