Great Lakes boosts property interests
Great Lakes Minerals (TSE), centring its efforts on Michigan’s famed Keweenaw copper district which has yielded more than 12 billion lb. of the red metal over the years, has restructured a previous ag…
News
LETTERS TO THE EDITOR Restraint on taxation urged for politicians
When governments have a need for more revenue, it seems the political thing to do is to tax our successful individuals and enterprises a little bit more. We have already passed the point where this t…
Joe Mann’s performance beating earlier predictions
With deepening of the No. 2 shaft to 3,000 ft. planned to get under way early in 1992, the Joe Mann gold-copper mine of Campbell Resources (TSE) will be well on the road to becoming a 100,000-oz.-per-…
NEWS IN BRIEF Malartic Hygrade Gold Mines (Canada) Ltd.
Malartic Hygrade Gold Mines (Canada) Ltd. (MYC: VSE) has changed its name to Republic Goldfields Inc. (RGF:VSE) with no consolidation of capital. The transfer agent is National Trust Co.
U.S. REPORT Glamis purchases DRX properties
A block of 54 claims in the Randsburg district of southern California was recently purchased by Glamis Gold (TSE) from DRX Resources (NASDAQ). Glamis paid DRX US$200,000 for the claims and plans to u…
MVP buys bonds for shares, cash
Following negotiations with the principal holder of its outstanding convertible Swiss bonds, a U.K.-based merchant banker, MVP Capital (TSE) has agreed to a restructuring of the bonds. As a result of…
Southex plans mining show in Sudbury
Southex Exhibitions, a division of Southam Business Communications, says Cambrian College in Sudbury, Ont., will host the 1992 Canadian Mining & Industrial Equipment Exhibition June 23-25. The biennia…
Geddes needs major investor to underwrite Windy Craggy
A major international mining company will probably be involved in the development of the Windy Craggy deposit said Gerald Harper, president of Geddes Resources (TSE). As $500 million is required to p…
METAL PRICES PRODUCER PRICES (July 08, 1991)
ALUMINUM: MW U.S. Market US59.50-61.50 cents per lb. (Jun. 20, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.00-3.10 per lb. (Jun. 20, 1991). C…
PEOPLE BYRON RESOURCES
Mike Muzylowski appointed president.
PEOPLE CONSOLIDATED RIDEAU RESOURCES
Bill Gordica appointed president.
Queenston, Strike commence drilling
A $230,000 drill program began recently at the Queenston Mining (TSE) and Strike Minerals (CDN) base metal joint venture in Robertson Twp. 14 km north of Matachewan, Ont. Having outlined preliminary …