Property deal by Vior, Inco
Quebec City-based Societe d’Exploration Miniere Vior (ME) and Inco (TSE) have negotiated a deal which will see Vior expand its gold property portfolio and Inco increase its interest in the junior. The…
News
PEOPLE (November 04, 1991)
Paul Reinhart appointed to the board.
Quilchena play
A 50% owned affiliate of Laramide Resources (TSE), private company Quilchena Resources, reports the completion of surface work and the drilling of three holes on porphyry copper-gold property near Asp…
Teck hurt by Cominco losses
Net earnings of $6.1 million or seven cents per share were reported by Teck (TSE) for its 1991 third quarter ended Sept. 30, down significantly from the $22.5 million or 27 cents per share reported in…
Mineral outlook conference set
The ninth annual Canadian Mineral Outlook Conference, to be hosted by Energy Mines and Resources (EMR) Canada and the Mining Association of Canada (MAC), is set for Nov. 26 at Ottawa. Theme of the 1-d…
Monk ramp hits wide gold zone
A 300-ft. ramp being driven into the B zone on Monk Gold and Resources’ (ASE) property near Wawa, Ont., has hit a wider-than-expected vertical shear grading up to 0.28 oz. gold per ton. Quartz veins c…
Cheni reports more losses
A drop in grades, coupled with lower gold and silver prices, helped push Cheni Gold Mines (TSE) into the red with a loss of $3.7 million or 33 cents per share for the nine months ended Sept. 30. The l…
Vancouver Stock Exchange (November 04, 1991)
Gold reversed a promising uptrend during the week ended Oct. 29, dipping back below the US$360-per-oz. level to settle at US$357. Trading activity on the VSE remained relatively quiet, but both the re…
Flett suggests Billiton likely to take on balance of Selbaie
Ownership of the Selbaie zinc-copper mine in northwestern Quebec may soon be in the hands of Billiton Metals Canada, hinted President Andrew Flett at a recent luncheon gathering hosted by the Toronto …
METAL PRICES (November 04, 1991)
ALUMINUM: MW U.S. market US51-55 cents per lb. (Oct. 17, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADMIUM: …
FREE MARKET (November 04, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 29 Oct 28 Oct 25 Oct 24 Oct 23 Copper 1384-1385 1386-1387 1374-1375 1383-1385 13…
Aur, Louvem prepare for challenge of funding
By completing a feasibility study on their Louvicourt Twp. property, Aur Resources (TSE) and Societe Miniere Louvem (TSE) have done the easy part in their bid to bring the project into production, ana…