EDITORIAL PAGE (August 05, 1991)
International Corona shareholders are going to be busy for the next six weeks sifting through analyses of the company’s proposed restructuring that are already pouring forth from mining analysts. But …
News
Forget’s tactics rile Audrey, brokers
Audrey Resources (TSE) President Guy Hebert will resume discussions this week with representatives of Minnova (TSE) over development plans for the Mobrun polymetallic mine near Rouyn-Noranda, Que. Heb…
Alberta Stock Exchange (August 05, 1991)
Reports that Ontex Resources has struck a deal with Placer Dome for further exploration on the Brookbank gold property near Beardmore, Ont., boosted the junior stock by 50 cents to $2.50 during the we…
Montreal Exchange (August 05, 1991)
The general market portfolio index gained more than 15 points and the mining and minerals index almost three points in mainly lacklustre trading during the week ended July 30. Daily volumes ranged bet…
Radisson names new president
Quebec-based mining company Radisson Mining Resources (ME) reported the election of a new president and a settlement with its creditors. The new president is Jean-Marie Dupont. Appointed vice-presiden…
METAL PRICES (August 05, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 100.50 99.95 100.10 + 0.50 Sep 100.90 100.15 100.40 + 0.90 Oct 100.25 100.25 100.05 SILVER (in US cents per o…
Gold funds (August 05, 1991)
BGR Central Net Value $9.12 $5.18 Price $8.375 $5.000 Discount 8.13% 3.5% Value $54,278,513 $84,121,500…
Drilling continues on SIB claims
More assay results were released by equal partners Silver Butte Resources (VSE) and American Fibre (VSE) from ongoing drilling on the SIB claims in the Eskay Creek region north of Stewart, B.C. The cl…
People (August 05, 1991)
Terry Stanhope appointed director.
Toronto Stock Exchange (August 05, 1991)
Speculation that Placer Dome will soon be in a position to begin drilling on 39 claims returned to Metalore Resources after its court battle with Ontex Resources sent Metalore roaring to $13.75 from $…
Producer prices (August 05, 1991)
ALUMINUM: MW U.S. Market US59.50-61 cents per lb. (Jul. 11, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMI…
Vancouver Stock Exchange (August 05, 1991)
The VSE managed to reverse its prolonged downward trend during the period ended July 30. The composite index added 6.36 points to finish at 562.32, and the resource index followed suit with a 5-point …