Lenora to test Mexican property
An option to earn a 51% interest in the optioned interest of Vanderbilt Gold Corp. in the La Dura gold property in the Mulatos mining district of Sonora, Me., has been acquired by Greater Lenora Resou…
News
INSIDER TRADING (October 14, 1991)
The rising price of Redstone Resources (TSE) shares recently gave President David Harquail, the chance to liquidate a portion of his holdings in the Toronto-based royalty company. According to Ontario…
METAL PRICES (October 14, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 8 Oct 7 Oct 4 Oct 3 Oct 2 Copper 1364-1366 1345-1346 1352-1353 1353-1354 1328-13…
Fate of syndicate formed in 1927 clouds Holloway ownership picture
Members of a 64-year-old syndicate are beginning to crawl out of the woodwork as the value of the Teddy Bear Valley Mines’ (CDN) 18-claim property near Matheson, Ont., becomes apparent. The Teddy Bear…
Vancouver Stock Exchange (October 14, 1991)
Despite the odd pocket of excitement and an upward move in gold bullion toward the US$360 mark, the resource index continued its slide toward the 500-point level, closing the week ended Oct. 8 at 514….
Montreal Exchange (October 14, 1991)
Volumes were steady but trading turned downward during the week ended Oct. 8, with the market portfolio off by more than 25 points and the mining and minerals index down by 26.7 points. Daily volumes …
LETTERS TO THE EDITOR (October 14, 1991)
After 25 years of reading your paper and being actively involved in the mining exploration industry, I think M.R. Brown’s column “Mining ranks behind native issues, clams, dragonflies” (T.N.M., Sept. …
PEOPLE (October 14, 1991)
John Paterson appointed vice-president, operations and director.
GOLD FUNDS (October 14, 1991)
BGR Central Net Value $8.43 $5.03 Price $7.88 $4.400 Discount 6.57% 12.5% Value $50,185,674 $74,026,920…
Feasibility positive for Minera’s Ivan
Results of a feasibility study on the Ivan copper project in northern Chile justify a positive production decision, says owner Minera Rayrock (TSE). If the initial cash cost is US$20 million and opera…
New autoclave officially opened at Campbell mine
Gold producer Placer Dome (TSE) officially opened its new pressure oxidation plant at the Campbell mine near Red Lake, Ont., on Oct. 3. The new autoclave facility will provide a major environmental bo…
Drifting ongoing at Sleeping Giant
Drifting which began in July continues on the 770-, 970- and 1,360-ft. levels at the Sleeping Giant gold project north of Amos, Que., to test the continuity of mineralized areas 1,000 ft. north of the…