Alberta Stock Exchange Bitech on rise
As the price of gold bullion moved up to US$363 per oz. in the week ended April 9, shares of Bitech also rose to a high of 10 cents after the company said it has found a private backer to finance addi…
News
U.S. REPORT Galatic, Cornucopia agree on new share exchange ration
Following lengthy negotiations, Galactic Resources (TSE) and Cornucopia Resources (TSE) have agreed to a new share ratio for a merger proposal made last year. The new ratio will give Cornucopia shareh…
U.S. REPORT Coeur d’Alene looks far afield
During the past decade, Coeur d’Alene Mines (NYSE) has taken on a number of new projects that have enabled the company to grow as a gold producer. The company has been and still is one of the largest …
Executives form environment group
A international organization of mining companies has been formed to promote sound environmental and health policies and practices within the industry. Called the International Council on Metals and th…
Low grade at Chandler
A recently completed drilling program on the Chandler property near Weiser, Idaho, encountered low-grade gold values in a number of holes. The property is a joint venture between Silver Standard Resou…
U.S. REPORT Nerco revives Cripple Creek on camp’s 100th anniversary
The 100th anniversary of mining in the historic Cripple Creek district of Colorado will be marked by several of the region’s gold properties being brought back into production this year. A unit of Ner…
U.S. REPORT Pacific Sentinel drops Golden West
Following the completion of a 34-hole drilling program, Pacific Sentinel Gold (VSE) decided to terminate its option on the Golden West property in La Paz Cty., Ariz. Pacific Sentinel had an option to …
EDITORIAL
At Curragh Resources, our results are tied very closely to the value of the Canadian dollar. The present strength of our currency may help Canadians who are vacationing in Florida, but it’s a serious …
U.S. REPORT Oneida becomes operator on Mexican Hat joint venture
The joint venture agreement on the Mexican Hat property has been amended to allow Oneida Resources (VSE) to temporarily become operator of the gold project in Cochise Cty., Ariz. The amended joint ven…
U.S. REPORT Canalaska revises Rainbow Hill reserves
Following the completion of a metallurgical check assay program, Canalaska Resources (VSE) is reporting an increase in the tonnage, grade and thickness of its 100% owned Rainbow Hill gold project in A…
Trip heightens analysts’ enthusiasm for Chile
Demonstrating the practical advantages of mining in countries like Chile and Brazil is never an easy undertaking for the Canadian companies operating there. The logistics of transporting visiting anal…
TORONTO STOCK EXCHANGE INDICES (April 15, 1991)
Apr. 9 Apr. 8 Apr. 5 Apr. 4 Apr. 3 HIGH LOW Composite”300″ 3505.14 3515.68 3518.13 3524.26 3516.44 4009.47 3009.91 Metals & Minerals3095.40 3132.89 3135.70 3134.09 3130.66 3453.06 2502.63 Integrated M…