Cons. Brinco revises Hillsborough deal
Consolidated Brinco (TSE) and Hillsborough Resources (TSE) have revised the terms of their proposed merger to give Brinco shareholders a larger share of the merged company. The revised deal gives Brin…
News
Platoro project placed on hold
The Platoro gold property in Colorado is being placed on a care-and-maintenance basis by its two owners, Panorama Resources (VSE) and a subsidiary of Belgium-based Union Mines, until there is an impro…
Infrastructure makes up for Andacollo’s low grade
The old maxim about finding new mines near old ones has been taken to the extreme by Placer Dome (TSE). The Andacollo copper project, 50 km from this picturesque coastal town, not only is near, but vi…
PEOPLE (November 25, 1991)
Walter Lawrence elected senior vice-president, operations; Eric Hamer elected vice-president and general manager.
Correction (November 25, 1991)
Ressources Robex (ME), which has an option to earn a 25% interest in property belonging to Bateman Bay Mining (ME) in the Chibougamau, Que., area, reported probable reserves of 748,200 tons grading 1….
Hisway plans drill program
With the successful completion of geochemical and geophysical surveys on the Holberg Inlet property on northern Vancouver Island, Cameco (TSE) is planning a 700-metre drilling program. Cameco can earn…
Little known about geology of intriguing Fort Knox find
Claim maps of the Shining Tree area near Cobalt, Ont., are changing almost daily as junior companies position themselves for what could become a major area play. Following the discovery of nickel-copp…
Vancouver Stock Exchange (November 25, 1991)
Trading activity followed the lead of major markets in the east, with both local indices losing ground during the week ended Nov. 19. The composite index dropped by 18.38 points to finish at 556.36, w…
LETTERS TO THE EDITOR (November 25, 1991)
I was stunned regarding the recent announcement by Eurus Resource that no additional work is to be carried out on the Rock & Roll property of Eurus and Thios Resources (T.N.M., Oct. 28/91). As a longt…
TORONTO STOCK EXCHANGE INDICES (November 25, 1991)
Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 High Low Composite “300” 3515.32 3550.76 3535.48 3575.84 3596.92 4009.47 3009.91 Metals & Minerals 2947.26 2982.22 2999.24 3028.17 3108.57 3453.06 2502.63 Intergrate…
Uranium Res. increases profits
Texas company Uranium Resources (TSE) managed to stay in the black during the third quarter of 1991 despite production problems at its Rosita uranium property. Uranium Resources reported net income of…
Mining resumes at El Mochito
A labor dispute which disrupted production at the El Mochito lead-zinc mine in Honduras has been resolved. Owner Breakwater Resources (TSE) said operations at the mine resumed on Nov. 7.