Spot prices at a glance (August 19, 1991)
Week’ Price (US) Change Gold* $356.50 + $ 0.65 Silver* $ 3.95 — $ 0.02 Platinum* $348.25 — $ 6.25 Nickel** $ 3.72 + $ 0.01 Lead** $ 0.25 $ 0.00 Copper{ $ 1.01 + $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy …
News
Beauchamps, Skeena active at Sustut project in B.C.
A $120,000 field program is under way on the Sustut copper-gold project about 200 km north of Smithers, B.C., Beauchamps Exploration (VSE) reported. Sustut is a 50-50 joint venture between Beauchamps …
Parlake renamed Concord Capital
Toronto-based Parlake Resources has changed its name to Concord Capital Corp. (TSE) to more accurately reflect its status as a holding and investment company rather than as a resource-based concern.
OBITUARY (August 19, 1991)
Passed away, on August 11th, 1991, at the age of 76, at Rouyn-Noranda’s Hospital, Dr. Walter Norman Ingham, from Markham, Ontario. He leaves his 6 children: Mary-Margaret, Jane, Edward, Diane, Norman …
Montreal Exchange (August 19, 1991)
Mixed trading marked the week ended Aug. 13, with the market portfolio gaining 2.7 points and the mining and minerals index dropping by 18.6 points. Daily volumes, weakest during the middle of the rep…
Tailings yield gold for operators
A pair of tailings retreatment projects continue to yield gold in the Kirkland Lake, Ont., area, while a similar project at Timmins, Ont., has been shut down and a fourth in the Northwest Territories …
Toronto Stock Exchange (August 19, 1991)
Two of Canada’s newest issues made their presence felt during the week ended Aug. 13 despite more depressing news on the metals front. As metal inventories on the London Metal Exchange reached a recor…
FINANCING (August 19, 1991)
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
GOLD FUNDS (August 19, 1991)
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
Carina, Manchester commence second-phase ROK exploration
A second-phase exploration program has started on the ROK property, an equal joint venture between Consolidated Carina Resources (VSE) and Manchester Resources (ASE). The copper-gold property is in th…
Royal Oak would expand Timmins area land position
Having successfully acquired the Pamour group of companies, Royal Oak Mines (TSE) is expanding its position in the Timmins, Ont., gold camp where it is already an established producer. Royal Oak says …
Scotia, Phelps begin drilling
Financed by Phelps Dodge of Canada, Scotia Prime Minerals (ASE) has started drilling a portfolio of Nova Scotian properties. Under the current program, expected to be complete by the end of September,…