GOLD FUNDS (October 07, 1991)
BGR Central Net Value $8.31 $5.02 Price $7.63 $4.400 Discount 8.26% 12.4% Value $49,485,036 $74,026,920…
News
FREE MARKET (October 07, 1991)
TSpot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 1 Sep 30 Sep 27 Sep 26 Sep 25 Copper 1324-1325 1333-1334 1349-1350 1360-1362 1348-1350 Lead 306-307 3…
Giant Pacific changing to Red Rock
Giant Pacific Petroleum (VSE) is awaiting permission from the Vancouver Stock Exchange to change its name to Red Rock Mining and consolidate its share capital on a 1-for-10 basis. Having gained shareh…
TORONTO STOCK EXCHANGE INDICES (October 07, 1991)
Oct 1 Sept 30 Sept 27 Sept 26 Sept 25 High Low Composite “300” 3395.26 3387.88 3381.78 3385.14 3390.08 4009.47 3009.91 Metals & Minerals 2856.23 2852.52 2844.16 2867.53 2878.43 3453.06 2502.63 Intergr…
PRODUCER PRICES (October 07, 1991)
ALUMINUM: MW U.S. market US55.25-56.25 cents per lb. (Sep. 19, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (Jul. 18, 1991). CAD…
McGill pair wins GAC’s award
Two members of the department of geological sciences at McGill University in Montreal were selected as the 1991 winners of the Julian Boldy award. The paper, by Timothy Barrett and Sergio Cattalani ti…
Oil company shareholders like Sherritt Gordon offer
Toronto-based Sherritt Gordon (TSE) has been given the green light by shareholders of Canada Northwest Energy and the Court of Queen’s Bench of Alberta to acquire all of Canada Northwest’s issued shar…
Engineer lauded by nuclear group
The man who designed and implemented a new technique for uranium tailings disposal has been recognized by the Canadian Nuclear Society. Wing Tao, president of PVS Technologies, was named winner of the…
Funding available for uranium review
Funding will be available to help the public participate in a joint federal-provincial review of uranium mine developments in northern Saskatchewan. The governments will grant a total of $350,000 to a…
EDITORIAL PAGE (October 07, 1991)
“It is very fashionable today for investment people to call themselves contrarian. . . . It is our opinion that the term `contrarian’ is presently overused and misunderstood. While we might fancy ours…
Kaiser poised to control Madeleine
Oaklahoma-based Kaiser-Francis Oil recently boosted its stake in Madeleine Mines (TSE) to 32%, fuelling speculation that Chairman George Kaiser is about to succeed Patrick Sheridan as president of Mad…
Proposed assessment rate alarms Ontario gold mines
Recently the Ontario Gold Mines Compensation Committee met with the Workers’ Compensation Board (WCB) in Toronto to review proposed assessment rate increases for 1992. While WCB is proposing a 2.9% in…