Soviet scientists to visit Sudbury
A symposium featuring earth scientists from the Soviet nickel camp at Norilsk in Siberia and their counterparts at Sudbury, Ont., is being organized for Oct. 2-6, 1992, at the Ontario Geological Surve…
News
Epp says Ottawa may leave mining entirely up to provincial
The federal government is considering vacating its role in the mining industry, Mines Minister Jake Epp told delegates to a mining industry symposium recently. As part of its proposal to amend the Can…
Toronto Stock Exchange (December 02, 1991)
Activity during the week ended Nov. 26 provided more evidence that the climate is improving for junior mining issues. Shares of Fort Knox Gold, for example, shot up to a new 52-week high of $1.75 as i…
Spot prices at a glance (December 02, 1991)
Weeks Price (US) Change Gold* $366.50 + $3.95 Silver* $ 4.10 + $0.02 Platinum* $367.25 + $1.10 Nickel** $ 3.23 …. Lead** $ 0.23 + $0.00 Copper $ 1.09 + $0.02 Zinc $ 0.53 + $0.01 Courtesy of Scotiaba…
Flag encouraged by Wanapitei samples
Samples from Flag Resources’ (ASE) Wanapitei property in Mackelcan Twp., Ont., have returned anomalous values of nickel, cobalt and gold. The samples, taken from altered sandstone north of Jones Lake,…
NEWS IN BRIEF (December 02, 1991)
Reymont Gold Mines Ltd. (RMT:ASE) has changed its name to Pallaum Minerals Ltd. (PLM:ASE) with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is National Trust.
View from the West (December 02, 1991)
The mining industry, among others, has been repeatedly beaten over the head with the preservationist theme that 12% of the land must be in parks and wilderness areas ever since the publication in 1987…
TSE INDICES (December 02, 1991)
Nov 26 Nov 25 Nov 22 Nov 21 Nov 20 High Low Composite 300″ 3448.32 3443.47 3451.91 3493.12 3501.72 4009.47 3009.91 Metals & Minerals 2892.05 2901.46 2915.10 2950.69 2946.82 3453.06 2502.63 Integrated …
Third quarter trims Crown
A third-quarter loss of US$1.2 million trimmed 9-month earnings for Crown Resources (VSE) this year. The company reported earnings of US$145,000 for the nine months ended Sept. 30, compared with US$2….
NEWS ROUNDUP (December 02, 1991)
Under a recent joint venture agreement between Bigstone Minerals (VSE) and Asarco Exploration of Canada, Bigstone has the option to earn a 51% interest in 42 units in Fawcett and MacMurchy twps., near…
Bethlehem Res. insider trades
Bethlehem Resources (TSE) Vice-President Brian Kynoch recently bought 21,438 shares for 38-45 cents to hold 235,688. A previous story (T.N.M., Nov. 25/91) reported that he sold the shares.
Quebec committed to use of asbestos
Quebec is committed to promoting the safe use of asbestos, the province’s deputy prime minister and minister of energy and resources recently told an international conference in Kuala Lumpur, Malaysia…