PEOPLE (September 30, 1991)
Joseph Lechman appointed president.
News
GOLD FUNDS (September 30, 1991)
BGR Central Net Value $8.30 $4.94 Price $7.38 $4.400 Discount 11.11% 10.9% Value $49,398,725 $74,026,920…
New Paymaster reserve awaited
An updated reserve report is being prepared by Placer Dome (TSE) and American Reserve Mining (ME) following the completion of the current phase of deep drilling at the Paymaster gold project at Timmin…
FUTURES PRICES (September 30, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sep 109.55 106.90 107.40 + 3.00 Oct 107.40 105.70 106.50 + 3.80 Nov 105.60 105.00 105.40 + 3.40 SILVER (in US cen…
Canmine prepares for winter drilling
Canmine Resources (CDN) says it has identified an alteration pipe at its FER copper-zinc property in northern Manitoba that is similar to the pipes found under known volcanogenic orebodies. In January…
Spot prices at a glance (September 30, 1991)
Week’s Price (US) Change Gold* $352.40 + $4.40 Silver* $ 4.24 + $0.15 Platinum* $357.50 + $2.75 Nickel** $ 3.44 – $0.02 Lead** $ 0.24 …. Copper $ 1.06 + $0.03 Zinc $ 0.46 – $0.01 Courtesy of Scotiab…
Copper futures at 5-month high
The expectation in London that economic and political problems in South Africa will soon affect copper supplies recently drove futures prices to a 5-month high of US$1.10 per lb. But Richardson Greens…
Unuk drilling sparks market activity
Drilling on the Unuk project in the Eskay Creek region of northwestern British Columbia is generating some market excitement, particularly in the two junior companies involved. Granges (TSE) recently …
TORONTO STOCK INDICES
Sept 24 Sept 23 Sept 20 Sept 19 Sept 18 High Low Composite”300″ 3398.10 3396.61 3407.09 3411.95 3418.48 4009.47 3009.91 Metals & Minerals2893.55 2873.74 2894.73 2915.43 2919.88 3453.06 2502.63 Intergr…
Curragh opens new coal mine
Brokers from central Canada recently had their first look at the new underground coal mine here which will provide security for Curragh Resources’ (TSE) latest private placement. Cash flow from the We…
Noront cuts deal with McKinnon
Toronto-based Noront Resources (VSE) has entered an agreement with prospector Don McKinnon to acquire a 60% interest in the Hurdman Twp. base metal and Clavos West gold properties in northern Ontario….
Toronto Stock Exchange (September 30, 1991)
Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…