1990

Toronto Stock Exchange Indices (December 17, 1990)

Dec. 11 Dec. 10 Dec. 7 Dec. 6 Dec. 5 HIGH LOW Composite “300”3239.25 3236.85 3233.56 239.37 3226.52 4009.47 3009.91 Metals & Minerals 766.69 2754.03 2756.89 2774.13 2738.43 3453.06 2502.63 Integrated …


New FMC operation for sodium cyanide

Production of sodium cyanide at a new Wyoming plant was started up by FMC Corp. in November. Size of the Chicago company’s plant is 60 million lb. of the product per year. Cyanide is used in the milli…


Company to provide ore-testing service

A new ore-testing business, Applied Ore Testing Inc., opened its doors Nov. 1 at Oakville, Ont., just west of Toronto. The operation consists of a metallurgical laboratory and pilot plant. President J…


Billiton’s Flett has experience in Canada scene

Although born and bred in England, Billiton Metals Canada’s new president, Andrew Flett, is no 0000,0509 stranger to Canada. As a university student, he spent a summer b a c k p a c k i n g from the e…



Montreal Exchange Messeguay is active

Trading continued to move forward, with the market portfolio ahead by almost 6 points for our report period, and the mining and minerals index up almost 17 points. Daily trading activity ranged betwee…


People PACIFIC GOLD (December 17, 1990)

Dale Scholz appointed chairman of the board and director succeeding W. Danke who resigned; Terry Holland and Norm Tribe appointed directors succeeding G. Carlson and R. Handfield who resigned.


Mahogany set to buy 33% of Columbia Gold

Vancouver-based International Mahogany (TSE) has agreed to acquire a 33% initial stake in Columbia Gold Mines (VSE) through a private placement deal. Under an agreement, Mahogany is acquiring one mill…



Breakwater confident about long-term goals

Despite recent setbacks, Breakwater Resources (TSE) believes its ability to produce low-cost, “clean” concentrates will secure its position as significant international zinc producer in the long term….


Sale keeps Galactic in black

Despite a third-quarter loss of US$3.2 million, Galactic Resources (TSE) reported net income of US$3.68 million for the nine months ended Sept. 30. The 9-month results were boosted by an extraordinary…


Permitting under way for Goldstake project

The Whitewood Creek gold tailings project near the Black Hills of South Dakota is in the initial stages of mine permitting, Goldstake Explorations (TSE) reports. Goldstake’s joint venture partner in t…


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