News


Newhawk reports results from drilling at Sulphurets

More assay results were released by Newhawk Gold Mines (TSE) from a recent surface drill program aimed at testing a number of bulk-tonnage targets on the Sulphurets property north of Stewart, B.C. The…


TORONTO STOCK EXCHANGE INDICES (September 16, 1991)

Sept 10 Sept 9 Sept 6 Sept 5 Sept 4 High Low Composite “300”3448.15 3478.96 3488.29 3485.49 3486.84 4009.47 3009.91 Metals & Minerals2976.40 3008.09 3026.10 3034.07 3022.42 3453.06 2502.63 Integrated …


Cathedral in the red

Higher production costs at the Sterling gold mine in Nevada pushed Cathedral Gold (TSE) into the red with a loss of $51,000 on revenue of $726,000 for the second quarter ended June 30. The results com…


Permits approved for Adonos project

Permits needed for the re-opening of the Idaho Springs mining property in Colorado have been approved, Adonos Resources (VSE) reported. Adonos, which has a 50% interest in the project, said the proper…



Alberta Stock Exchange (September 16, 1991)

Taking top spot on the most active list for the week ended Sept. 10 was Stampeder Exploration, a generally quiet trader with mineral properties near Timmins, Ont. Trading 539,500 shares, the junior al…


Timmins Nickel cuts loss as operating costs decline

Despite a substantial drop in the price of its main commodity, Timmins Nickel (TSE) has boosted annual operating profits by 73%. For the 12 months ended May 31, the small producer sold 2.8 million lb….


Partners sign Omai agreement

A mineral agreement covering the business conditions for the development and operation of the Omai gold project in Guyana in South America has been signed, Cambior (TSE) reported. Partners in the mini…



Golden Rule adopts poison pill

Calgary-based Golden Rule Resources (TSE) has adopted a shareholders’ rights plan to protect the company from hostile takeovers. Under the plan, if any person or group acquires more than 10% of Golden…


Keno City museum details mining history

“Museum project back on track,” reads a handwritten sign on the community club door of this northern community with a population of about 45. Inside, club President Mike Mancini, 30, dark-haired, spor…


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