1991

Gold output by Agnico-Eagle Mines (TSE) in 1990 from its Joutel Twp. and LaRonde mining operations in northwestern Quebec totalled 162,443 oz., produced at an average cast cost of US$272 per oz. An ea…

Thunderwood Resources (TSE) and Greenstone Resources (TSE) say stepout drilling at their Scott Lake joint venture has extended a zinc-copper rich massive sulphide zone from 1,800 ft. to a depth of 2,6…

Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 each to replace a previously-announced common share placement. Each warrant will be exchangeable …

Bing Jung appointed president and Bill Frisen appointed director.

St Andrew Goldfields (TSE) has reached an agreement with Banque Indosuez of Geneva Switzerland to offer 14.4 million newly created preferred shares in exchange for $20.9 million in 5.75% Swiss franc b…

Archibald MacDonald Bell, who for 38 years directed Noranda’s exploration program, died recently in Mississauga, Ont. He was 85. Born in Grafton, Australia, of Canadian parents, Bell attended the Uni…

Sister companies Franco-Nevada Mining (TSE) and Euro-Nevada Mining (TSE) are planning to move quickly to capitalize on their experience in the royalty acquisition field. The Toronto-based companies a…

Copious regulations, increasing in number and complexity. New issues, without precedent. Vociferous public interest groups. Changing expectations on all fronts, some of them unreasonable. At the same …

The reopening of the Van Stone mine is a welcome event to local residents who depend primarily on the flagging logging industry for employment. Of the 75 employees at the mine, almost all were hired l…

The Toronto Stock Exchange refused to accept a proposal by Northair Mines (VSE) to consolidate the company’s stock on the basis of one new share for every five existing shares and to increase the auth…

Following an agreement between Joutel Resources (TSE) and Aur Resources (TSE), Joutel’s 26-claim copper-zinc prospect in northwestern Quebec will be given a second look. Under the agreement, Aur has …

Shareholders of Muscocho Explorations (TSE) recently granted the company permission to issue up to 11 million common shares to its creditors. The planned share issue is part of an amended plan of arra…