News


LINDSLEY’S LEGACY

Thayer Lindsley, a lanky New Englander whose second home became Canada, founded Falconbridge Nickel Mines (and ushered into existence a host of others, most prominent among them Sherritt Gordon Mines …


THE FALCONBRIDGE STORY

Falconbridge came into being because of the vision of two great men. The first was Thomas Alva Edison, the well-known inventor. The second was less well known, outside of mining, and far more private….


Royal Oak proposes corporate amalgamation

Special shareholders’ meetings will be held in early June to consider a proposal to amalgamate Royal Oak Resources (TSE) and four associated companies into a new, Vancouver-based intermediate gold pro…


Metal Prices FREE MARKET (April 29, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 23 April 22 April 19 April 18 April 17 Copper 1451-1453 1489-1491 1458-1460 14…


FUTURES PRICES (April 29, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 110.10 108.40 108.60 +0.45 May 110.50 108.50 108.70 +0.15 Jun 109.50 108.50 108.50 +0.45 SILVER (in UScl per oz.)…




Belmoral pins hopes on Aur drill program

Like many companies that have sold off assets in a bid to pay off a crippling debt load, Belmoral Mines (TSE) is facing a vastly more limited horizon than the one it contemplated as recently as two ye…


INSIDER TRADING Bema executives active sellers

While Bema Gold (TSE) is aggressively attempting to boost its gold production at projects in Idaho, Arizona and Chile, the company’s top executives have been active players in the stock market. Back i…


Falconbridge plans Raglan ramp

Falconbridge has elected to spend $35 million over the next 18 months on an underground exploration program designed to evaluate the potential of its Raglan nickel project in Ungava, Que. The decision…


PEOPLE REDWING RESOURCES

Jefferey Johnson elected president replacing Neil Anderson; Kevin Johnson appointed a director and secretary; Dennis Fitzmaurice appointed a director.


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