Alberta Stock Exchange (September 02, 1991)
Trading lightly during the week ended Aug. 27, Cochise Resources picked up 20 cents to close at $1. Cochise is currently preparing for a helicopter-supported drill program on a 995-sq.-km copper-molyb…
1991
Postal strike
Due to a strike by Canada Post employees, delivery of The Northern Miner to some subscribers may be temporarily disrupted. Delivery to the U.S. and other foreign destinations will not be affected. The…
Starmin, Adonos to invest in Philippine porphyry project
A large copper-gold porphyry deposit on the Philippine island of Negros has attracted a couple of Toronto-based juniors intent on bringing it into production. Starmin Mining (TSE) and Adonos Resources…
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…
Hol-Lac placement
Hol-Lac Gold Mines (CDN) completed a $150,000 private placement involving 750,000 shares at 20 cents per share and a similar number of warrants exercisable at 20 cents per share to Aug. 27, 1994. Subs…
QPA convention set for Sept. 11-13
The annual convention of the Quebec Prospectors Association will take place Sept. 11-13 at Rouyn-Noranda, Que. Theme of the 1991 convention is “Exploring to secure the future.” In addition to the usua…
FUTURES PRICES (September 02, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US per lb.) Sep 103.00 101.50 102.90 + 3.80 Oct 102.35 101.50 102.50 + 3.80 Nov 101.40 101.05 102.20 SILVER (in US cents per oz.) S…
MVP reaches deal with bondholders
Toronto-based MVP Capital (TSE) says it has resolved a number of matters relating to proposed restructuring of about $10 million in outstanding convertible Swiss bonds. Following discussions between M…
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…
Toronto Stock Exchange (September 02, 1991)
Turmoil turned to tranquility during the week ended Aug. 27 as investors put the Soviet crises behind them and looked ahead to Labor Day vacations in Canada and the U.S. As the New York Stock Exchange…
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…
Fewer towns spring up around mines in the wilderness
Strung out across Canada are 115 communities dependent on mining for their economic base. Familiar place names spring to mind: Yellowknife, N.W.T.; Faro, Yukon; Kimberley, B.C.; Flin Flon, Man.; Timmi…