News

INSIDER TRADING (November 04, 1991)

Oklahoma oilman George Kaiser struck a bargain when he secured control of Toronto-based palladium-platinum explorer Madeleine Mines (TSE). According to the Ontario Securities Commission OSC Bulletin, …


Placer options USMX ground

Colorado-based USMX (NASDAQ) recently granted Placer Dome (TSE) the right to explore and to purchase two separate blocks of ground in White Pine Cty., Nev. The blocks make up a small portion of USMX’s…


Toronto Stock Exchange (November 04, 1991)

Inco affiliate Fort Knox Gold emerged as one of the most active issues during the week ended Oct. 29 as investors positioned themselves for future results from the junior’s Shining Tree, Ont., project…


Unlisted Trading (November 04, 1991)

Gaining five cents to close at 18 cents for the week ended Oct. 29, Copperquest said it will continue work on its claims in the Shining Tree area of northeastern Ontario. Previous drilling on the 26-c…



Idaho acquiring property interests

Idaho Consolidated Metals (VSE) said it is negotiating for the acquisition of up to a 60% interest in the entire property portfolio in Idaho of private company Idaho Mining and Development, and a 60% …


PROFILE (November 04, 1991)

In recent decades, the University of Toronto has produced some of Canada’s leading geophysicists, Duncan Crone among them. President of Crone Geophysics & Exploration, he is best known as a pioneer of…



Spot prices at a glance (November 04, 1991)

Week’s Price (US) Change Gold* $359.80 – $3.10 Silver* $ 4.11 – $0.04 Platinum* $363.00 – $4.10 Nickel** $ 3.37 + $0.03 Lead** $ 0.24 + $0.01 Copper $ 1.09 + $0.02 Zinc $ 0.45 …. Courtesy of Scotiab…


FUTURES PRICES (November 04, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 108.40 106.75 108.40 + 2.75 Dec 108.00 106.20 107.85 + 2.95 Jan 106.60 105.35 106.55 …. SILVER (in US cents…


Claude and Aaron in diamond search

Joint venture partners Claude Resources (TSE) and Aaron Oil (ASE) are planning a drilling program to test magnetic anomalies for diamond mineralization on property in the Fort a la Corne and Sturgeon …


Southern Chile focus for Arauco

Four local mining groups have teamed up to form a new company directed exclusively at finding mineral deposits in Latin America, with Southern Chile being the primary exploration target. The venture i…


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