Goldstack to test Utah potential
An agreement has been signed by Goldstack Resources (VSE) with American Consolidated Mining (USOTC) covering exploration and development of the Goldhills project on the Nevada-Utah border. The project…
News
Citadel acquires Jamaican ground
Toronto-based Citadel Gold Mines (TSE) is attempting to prove that Jamaica has more to offer than just sunshine and sandy beaches after securing a portfolio of mining licences on the Caribbean island….
Uranium mine in Nebraska opens using in situ leaching
Owners of the Crow Butte uranium mine joined their guests for a tour of operations and a country-style celebration to mark the Oct. 17 official opening of the mine, four miles from this prairie commun…
Cominco cuts zinc production
Cominco (TSE) announced it will be operating its zinc refinery at Trail, B.C., at 90% of its 300,000-ton-per-year capacity. The company also announced that further cutbacks would be considered, “if wo…
BHP, Dia search for diamonds
Drilling at the Point Lake diamond exploration project in the Northwest Territories intersected host-rock kimberlite from 140 metres to 280 metres (the end of the hole), joint venture partners BHP-Uta…
Toronto Stock Exchange (November 11, 1991)
Happy shareholders of Fort Knox Gold (TSE) were reminded during the week ended Nov. 5 of some of the more spectacular stock price rallies of recent mining history. While intersections from Fort Knox’s…
Alberta Stock Exchange (November 11, 1991)
Goldhunter Explorations continued to ride on the coattails of Fort Knox Gold, the TSE-traded explorer that is breathing life into the beleaguered junior mining market. Trading over one million shares …
Federal-provincial agreement to benefit northern Ontario
With mining revenues down and prospecting activities barely a shadow of what they might be, the governments of Canada and of Ontario have injected $95 million into the Northern Ontario Development Agr…
PDAC Perspectives (November 11, 1991)
Native issues are rapidly rising to the top of the list of priorities for the federal, provincial and territorial governments of Canada. They could even eclipse environmental priorities which have dom…
Vancouver Stock Exchange (November 11, 1991)
The month of October returned the best trading performance of the Vancouver Stock Exchange in more than a year, with volume up 5% from September and 23% from the same period last year. The value of sh…
NEWS IN BRIEF (November 11, 1991)
Vero Resources (ASE) has optioned its 25% interest in the Dee-J and Dee-South gold prospects in Nevada to BHP-Utah Minerals. The junior has also entered into a joint venture agreement with Golden Rege…
Spot prices at a glance (November 11, 1991)
Week’s Price (US) Change Gold* $354.40 – $5.40 Silver* $ 4.07 – $0.04 Platinum* $362.25 – $0.75 Nickel** $ 3.34 – $0.03 Lead** $ 0.23 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.45 …. Courtesy of Scotiab…