NEWS IN BRIEF Southlands Mining Corp.
Southlands Mining Corp. (SSM:VSE) has changed its name to Euro-Pacific Resource Group Inc. (ERO:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Tr…
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FUTURES PRICES (June 24, 1991)
N.Y. Commodity Exchange High Low Close Week’s Change COPPER(HG) (in US cents per lb.) Jun 99.40 98.60 98.60 -1.80 Jul 99.80 98.20 99.05 -1.65 Aug…
Sutton expands Tanzanian holdings
Already the owner of a large nickel deposit in western Tanzania, Sutton Resources (VSE) recently signed an agreement with the government of Tanzania which, if completed, would give the company explora…
Eurus options Columbia’s spectrum
A recently completed agreement between Eurus Resources (VSE) and Columbia Gold Mines (VSE) will allow Eurus to earn a 50% interest in Columbia’s Spectrum/Hawk property in return for a total of $8 mill…
TORONTO STOCK EXCHANGE INDICES (June 24, 1991)
June 18 June 17 June 14 June 13 June 12 HIGH LOW Comp “300” 3549.87 3547.21 3559.76 3552.64 3558.12 4009.47 3009.91 Metals & Minerals 3235.87 3227.54 3212.18 3168.05 3180.46 3453.06 2502.63 Integra…
U.S. REPORT Rochester drops South Mercur
In late May, Rochester Minerals (VSE) announced it had relinquished all interest in the South Mercur gold project in Utah. The company said attempts to renegotiate the terms of the agreement with the …
Spot prices at a glance (June 24, 1991)
Price (US) Week’s Change Gold $367.30 -$ 3.40 Silver $ 4.43 -$ 0.08 Platinum $368.25 -$11.50 Nickel** $ 3.86 +$ 0.17 Lead** …
Toronto Stock Exchange Equinox, LAC advance on Rosebud intersection
The fact that financier Sir James Goldsmith has parked 28 million shares of Newmont Mining in a Vancouver-listed investment firm known as General Oriental Investments finally came to light during the …
NEWS IN BRIEF Shell sells Line Creek
Calgary-based Manalta Coal, a private company owned by the Mannix family, recently purchased the Line Creek open pit coal mine from Shell Canada (TSE). Shell expects to record a pretax loss of $185 m…
NEWS IN BRIEF Overseas Platinum Corp.
Overseas Platinum Corp. (OPC:VSE) has changed its name to Broadlands Resources Ltd. (BOD:VSE).
NEWS IN BRIEF Placer ups stake in VSM
Placer Dome (TSE) has purchased another 1.4 million common shares of VSM Exploration (TSE) at a price of $1.07 per share. The acquisition increases Placer Dome’s interest in the junior from 50.7% to 5…
Alberta Stock Exchange New plays liven market
Investors greeted summer exploration plans with enthusiasm during the week ended June 18, driving up the share prices of Cochise Resources, Peter Island Resources and Northern Abitibi Mining. Gaining …