FUTURES PRICES (November 11, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 107.00 106.80 106.80 – 1.60 Dec 107.20 106.30 106.55 – 1.30 Feb 104.70 104.70 104.70 …. SILVER (in US cents…
News
Landmark selling 49% of Dominion
Toronto-based Landmark Corp. has been given the green light to sell a 49% stake in Dominion Explorers (TSE) to a privately owned affiliate of Calgary company Aeonian Capital. Subject to regulatory app…
Taseko Mines looking for buyer
With this year’s 9-hole drilling program on the Fish Lake deposit near Williams Lake, B.C., complete, Taseko Mines (VSE) is searching for a buyer. Taseko is the operator of the project under a 3-year …
Wheaton River to sell stake in Yukon project
Wheaton River Minerals (TSE) is negotiating to sell a portion of its wholly owned Mount Skukum gold project as a way of raising the $4.5 million needed to bring the Yukon project into production. As W…
Royal Oak, Falco cut copper, zinc
A $4-million exploration drive by Falconbridge on Royal Oak Mines’ (TSE) base metal property 20 miles west of Sudbury, Ont., has turned up encouraging mineralization almost two miles away from a known…
Dessir slips despite good results — Market snubs high-grade core
Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return spectacular gold values, including a 76-ft. intersection grading 2.01 oz. gold per ton. But the stock price of Dessir Resou…
Loki ups reserves estimate at Brewery Creek project
The Brewery Creek gold project near Dawson, Yukon, is now reported to contain preliminary reserves in nine shallow deposits totalling about 16.5 million tons (diluted) at an average grade of 0.054 oz….
Vior planning private placement
A private placement worth $212,500-500,000 is being planned by Societe d’Exploration Miniere Vior (ME) of Quebec City. Offering to subscribe to a minimum of $100,000 and a maximum of $125,000 is the Q…
Prime land forbidden during talks
Although the Teme-Augama Anishnabai band has relinquished its interest in four townships surrounding Temagami and Elk Lake, Ont., the provincial government has not yet reopened the area to claimstaker…
Highland Valley in strike position
Highland Valley Copper, owned 50% by Cominco (TSE), 33.6% by Rio Algom (TSE), 13.9% by Teck (TSE), and 2.5% by Highmont Mining, has been facing the possibility of a strike since September when the uni…
Lassonde to depict Soviet sojourn
Pierre Lassonde will be the speaker at a luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum, Nov. 21, at Toronto’s Royal York Hotel. With the aid of slides, he will talk abo…
Prospector Larche recovering from Aug. 7 plane crash
Timmins prospector John Larche was in Toronto recently while travelling to Florida to recuperate from an Aug. 7 plane crash near High Level, Alta. Harris Hanson of Kirkland Lake, a close friend and pa…