Inco workers accept contract
Employees at Inco’s (TSE) Sudbury, Ont., nickel operations recently voted to accept a new 3-year wage contract which provides for a wage increase, including cost of living allowances and nickel price …
News
U.S. REPORT Noranda extends zone at New World
Recent drilling by a unit of Noranda (TSE) on the New World property in Montana encountered gold-silver-copper mineralization in the Homestake Breccia deposit at deeper levels than encountered by prev…
Placer Dome drops Windy property
Junior Big Bar Gold (VSE) is without a mineral property now that Placer Dome (TSE) has terminated an agreement allowing Big Bar to acquire an interest in the Windy property in north-central British Co…
Program planned for GNC claims (June 10, 1991)
A major exploration program will be carried out this season on the GNC claims which surround the Eskay Creek project north of Stewart, B.C. The program will be operated by Corona (TSE) on behalf of Pr…
U.S. REPORT Bull Run sitting on cash
With about US$5.6 million in cash and no debt, Bull Run Gold Mines (NASDAQ) is searching for investment opportunities in the resource field. The company sold its 40% interest in the Big Springs gold m…
U.S. REPORT Nickel deposit in Maine is feasible says Black Hawk
Results from a feasibility study on the Knox nickel-copper project in Maine indicate that the deposit could be developed at a capital cost of US$40 million and mined at an operating cost of US$1.90 pe…
PDAC Perspectives Quebec takes steps to help juniors, prospectors
Over the past few months, the Quebec government has announced various measures to soften the blow for junior mining companies and prospectors in the province and to help sustain them through economic …
PEOPLE CEPEDA MINERALS
Peter Kutney appointed director.
Placement funds Mina Marta program
Net proceeds of $3 million from a recent private placement will be used in part to continue a second-phase of drilling on Consolidated Ramrod Gold’s (VSE) Mina Marta concession near Salamanca, Spain. …
Hemlo mines pass their peak but years of production to go
After nearly a decade since their discovery, the three Hemlo mines are now passing their peak productive years. The Williams mine, owned 50-50 by Teck (TSE) and Corona (TSE), will post a production …
Toronto Stock Exchange Madeleine issue rides drop in price of
The week ended June 4 contained both good and bad news for Pat Sheridan, the controversial mining executive who is battling with regulatory authorities to bring the Lac des Iles platinum project into …
TORONTO STOCK EXCHANGE INDICES (June 10, 1991)
June 4 June 3 May 31 May 30 May 29 HIGH LOW Composite “300” 3549.59 3554.92 3546.10 3519.45 3498.40 4009.47 3009.91 Metals & Minerals 3216.41 3229.34 3190.37 3081.30 3073.99 3453.06 2…