TORONTO STOCK EXCHANGE INDICIES
Mar 17 Mar 16 Mar 13 Mar 12 Mar 11 High Low Composite “300” 3439.84 3444.14 3475.79 3479.84 3503.57 4009.47 3009.91 Metals & Minerals2968.93 2961.53 2985.40 3002.51 3030.39 3453.06 2502.63 Integrated …
News
74 juniors, by latest tally, directing efforts to Mexico
As the bigger companies downsize their exploration efforts in North America, the emphasis on Mexico has mushroomed to the point where there are now at least 74 Canadian and a handful of U.S. firms con…
Harcourt offers moral support but little else for B.C. mining
We don’t want to see mining become a sunset industry,” British Columbia Premier Michael Harcourt told an industry audience during Mining Week ’92, a recent symposium sponsored by the province’s Mining…
NEWS IN BRIEF (March 23, 1992)
Gregory Exploration Ltd. (GEL:ASE) has changed its name to Global Mineral & Chemical Ltd. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is National Trust.
Troymin to focus on Lac de Gras
Calgary-based Troymin Resources (ASE) says it will focus its exploration efforts on the Lac de Gras diamond play in the Northwest Territories this year. Troymin holds a 20% interest in about 96,000 ac…
Arizona Star drilling Aldebaran
A second-phase exploration program is now in progress at the Aldebaran project under option to Arizona Star Resource (TSE) in north-central Chile. Arizona Star is earning a 51% interest in the propert…
Hockey match set for March 30
The third annual Norman Keevil Memorial Hockey Game will be played March 30 at Toronto’s Moss Park Arena, 140 Sherbourne St., in conjunction with the convention of the Prospectors and Developers Assoc…
Bachelor plans ore shipment to Lac Shortt for processing
Toronto-based Bachelor Lake Gold Mines (TSE) says it will send 20,000 tons of broken gold ore from its mine near Desmaraisville, Que., to be processed at Minnova’s (TSE) Lac Shortt mill. Lac Shortt is…
U.S. REPORT (March 23, 1992)
A definitive agreement was recently concluded between Athena Gold (VSE) and Pegasus Gold (TSE) for continued exploration of the Talapoosa property in Nevada. Pegasus signed a deal giving it the right …
INSIDER TRADING (March 23, 1992)
Three of Noranda’s (TSE) top executives, including Chairman Alf Powis and President David Kerr recently sold a batch of convertible preferred series C shares which they acquired in 1988. According to …
Boards approve merger of Star, SA
The boards of Golden Star Resources (TSE) and South American Goldfields (TSE) have agreed to a merger. Pending shareholder and regulatory approval, the two juniors will merge on the basis of one commo…
Spot prices at a glance (March 23, 1992)
Week’s Price (US) Change Gold* $340.00- $9.00 Silver* $ 4.07- $0.08 Platinum* $353.90- $9.35 Nickel** $ 3.35- $0.05 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.56+ $0.03 Courtesy of Scotiabank. I…