Black Hawk bids for Knox permit
Now that a new set of mining regulations has been approved by the State of Maine, Black Hawk Mining (TSE) is attempting to become the first mining company in over a decade to obtain a mining permit th…
1991
Stratabound gets backing for exploration from Teck
Calgary-based junior Strata-bound Minerals (ASE) has finally found a major company willing to finance exploration on its New Brunswick base metal properties including the Captain North Extension lead-…
Westmin decides to mine Gap zone at Myra Falls
Management of Westmin Resources (TSE) recently decided to start development access of the Gap zone from the 18 level in the H-W mine at its Myra Falls mining operation near Campbell River, B.C. The Ga…
Snip bucks trend, trouble-free start beats expectations
The Canadian mining industry has suffered a few black eyes in the past several years because a number of high-profile projects failed to live up to expectations and were either written down in value o…
Haileybury hosts workshop
The eighth annual geophysics workshop, chaired by Peter Hood of Geological Survey of Canada, was recently held at the Haileybury School of Mines. At the workshop, speakers addressed issues that involv…
Corona unveils plans to divest non-gold assets
The board of International Corona (TSE) has approved a restructuring plan aimed at separating Corona’s precious metals business from its various other interests. The previously announced plan calls fo…
EDITORIAL PAGE (August 05, 1991)
International Corona shareholders are going to be busy for the next six weeks sifting through analyses of the company’s proposed restructuring that are already pouring forth from mining analysts. But …
Alberta Stock Exchange (August 05, 1991)
Reports that Ontex Resources has struck a deal with Placer Dome for further exploration on the Brookbank gold property near Beardmore, Ont., boosted the junior stock by 50 cents to $2.50 during the we…
Producer prices (August 05, 1991)
ALUMINUM: MW U.S. Market US59.50-61 cents per lb. (Jul. 11, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMI…
PROFILE (August 05, 1991)
Situated in northern Quebec, the Joutel copper deposit is believed to be similar in origin to the famous Louvicourt orebody. Recently Louvicourt’s part-owner Aur Resources signed an agreement with Jou…
Financing (August 05, 1991)
Fairfield Minerals Ltd – 500,000 units consisting of 1 sh and 1 wt offered @ $1.16 per unit. North Slope Minerals Inc. – 1,200,000 shs offered @ 25 per sh. Avril Explorations Inc. – 500,000 shs offere…
IOCC Gold Options (August 05, 1991)
Options Open Series Volume Last Interest The New York closing gold price was $362.50 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each …