Record output for Campbell
A record first-half gold production of 43,700 oz. was reported by Campbell Resources (TSE) from its Joe Mann mine near Chibougamau, Que. The mine also turned out 783,000 lb. copper for Campbell, which…
News
Unlisted Trading (September 09, 1991)
Unlisted market trading virtually ground to a halt during the week ended Sept. 3 as investors and brokers alike concentrated on enjoying the last long weekend of summer. The five most active stocks ra…
Metla drilling
A recent 10-hole diamond drill program carried out by Galico Resources (VSE) on the Metla property in northwestern British Columbia did not return any significant assay results. The program was design…
PRODUCER PRICES (September 09, 1991)
ALUMINUM: MW U.S. market US57.50-58.25 cents per lb. (Aug. 15, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (July 18, 1991). CAD…
Alberta Stock Exchange (September 09, 1991)
Trading lightly during the week ended Sept. 3, Rembrandt Gold Mines gained five cents to close at 35 cents as VSE-listed Canarc Resource took control of the junior miner. The share transaction gives C…
NEWS ROUNDUP (September 09, 1991)
Craibbe-Fletcher Gold Mines (CDN) says it has almost completed rehabilitation work at the 2,000-ft. level of the company’s property, and should be drilling there by the end of September. The undergrou…
NEWS IN BRIEF (September 09, 1991)
Dasher Resources Ltd. (DSR:VSE) has changed its name to Consolidated Dasher Resources Inc. (CDH:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is National Tr…
PROFILE (September 09, 1991)
By and large 1991 has been a dismal year for the mining industry. Metal prices are low while risk capital is rare. Agnico-Eagle Mines, however, reported a net profit of $846,000 for the second quarter…
Alberta tribe settles land claim
An Indian tribe in Alberta was recently compensated by the federal government in a claim over loss of mineral rights. The Stoney tribe, who lives about 50 km west of Calgary, signed a settlement provi…
Near reserve threshold Brewery Creek work continues
Partners Hemlo Gold Mines (TSE) and Loki Gold (VSE) plan to spend a further $1.2 million this year to better determine the reserve potential of the Brewery Creek gold project, some 35 miles from this …
LAC swallows rest of Bond Gold
Bond International Gold became a wholly owned subsidiary of LAC Minerals (TSE) on the last day of August, after a scheme of arrangement for the takeover was sanctioned by the Grand Court of the Cayman…
LAC finds 850 missing shareholders
After a summer of sleuthing on behalf of LAC Minerals (TSE), Ewan Mason and Vangie Mamoukarys are satisfied they have done everything possible to find the company’s “missing shareholders.” O.Tut of a …