Maufort, Cameco drill Tiblemont
A drilling program was recently completed on the Tiblemont property northeast of Val d’Or, Que., Ressources Maufort (ME) reports. Maufort’s project partner is Cameco (TSE). Five targets were verified …
News
Toronto Stock Exchange (February 24, 1992)
In the absence of any real action on the gold or base metals front, investors focused their attention on developments at a select group of companies during the week ended Feb. 18. As Arimetco Internat…
Osborne buys back major shareholding
Osborne and Chappel Goldfields (TSE) has transferred 50% of its interest in the Los Lilenes project and 48.6% of its net assets and liabilities, to Odin Mining and Investment. Osborne has also repurch…
Gold Funds (February 24, 1992)
BGR Central Net Value $8.46 $5.25 Price $7.75 $4.650 Discount 8.37% 11.4% Value $50,358,000 $78,232,995…
Toronto Stock Exchange Indices (February 24, 1992)
Feb 18 Feb 17 Feb 14 Feb 13 Feb 12 High Low Composite 300 3551.18 3570.81 3573.89 3581.76 3595.83 4009.47 3009.91 Metals & Minerals3138.01 3147.14 3120.63 3076.13 3068.20 3453.06 2502.63 Integrated Mi…
Prospects in Bolivia, Honduras boost share price of Arimetco
Shares of Arimetco International (TSE) have soared lately as the Arizona-based copper miner extends its influence into Latin America while expanding production at copper mines in the U.S. The shares r…
Scientists seek special shaft to conduct space’ experiments
There’s an air of expectation at the Atomic Energy Canada Ltd. (AECL) research labs at Whiteshell, Man. The scientists there are keeping their fingers crossed hoping that the provincial and federal go…
Investments keep Minnova afloat
Investment income pulled Minnova (TSE) through a tough year in 1991, accounting for about 74% of the base metal producer’s income. For the year ended Dec. 31, 1991, Minnova earned $11.5 million (80 ce…
Dundee joins Outokumpu in Conroy move
Dundee Bancorp (TSE) recently joined with Outokumpu, the Finnish state mining company, to unseat the entire board of directors of Conroy Petroleum and Natural Resources, an Irish resources company. Th…
Wheaton to acquire Grew Creek, Ketza
Toronto-based Wheaton River Minerals (TSE) has signed letters of intent to acquire both the Grew Creek deposit and the Ketza River project, which lie within 100 km of each other in the Yukon Territory…
TSE to go automatic by first quarter, ’93
Simple economics has persuaded The Toronto Stock Exchange to replace floor trading with a fully automatic equity trading system by the first quarter of 1993. TSE members recently voted in favor of the…
PRODUCER PRICES (February 24, 1992)
ALUMINUM: MW U.S. market US57.25-58.75 cents per lb. (Feb. 13, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…