1991


Minnova’s future lies in Northwest Territories

Awash with cash but short of ore reserves, Toronto-based Minnova (TSE) has agreed in principle to buy Falconbridge’s interests in three Northwest Territories copper-zinc properties for US$20 million. …



Queenston, Noront in Shining Tree

Queenston Mining (TSE) and Noront Resources (VSE) have entered into a joint venture to acquire and explore a 31-unit property in Fawcett Twp., near Shining Tree, Ont. The property adjoins the eastern …


Great Western options War Eagle ground

Two properties owned by the Mexican subsidiary of War Eagle Mining (VSE) have been optioned by Great Western Gold (VSE). The ground adjoins War Eagle’s La Blanca property in Mexico. War Eagle’s share …



International team locates large ocean deposit

A team of Canadian, Australian and Papua New Guinean scientists has discovered a large metallic mineral deposit forming on the ocean floor off the Papua New Guinean island of New Britain. Although Pac…


TORONTO STACK EXCHANGE INDICES

Dec 3 Dec 2 Nov 29 Nov 28 Nov 27 High Low Composite “300” 3453.41 3456.38 3448.51 3436.92 3440.12 4009.47 3009.91 Metals & Minerals 2834.08 2851.27 2846.05 2854.58 2850.03 3453.06 2502.63 Intergrated …


Metall, MIM complete deal

Toronto-based Metall Mining (TSE) has completed the purchase from MIM Holdings of 301,400 A shares and about 3.4 million B (subordinate voting) shares of Teck (TSE), pursuant to a September agreement….


LETTERS TO THE EDITOR (December 09, 1991)

Regarding the editorial “When Ottawa sells gold” (T.N.M., Nov. 18/91), I find it difficult to understand how it is in the best interest of the country to be dumping our gold reserves on world markets …


Wilanour study in agreement with TVX view

An independent study sponsored by one of the minority partners in the Wilanour gold project near Cochenour, Ont., has confirmed the accuracy of previous reserve estimates by Toronto-based TVX Gold (TS…


Spot prices at a glance (December 09, 1991)

Week’s Price (US) Change Gold* $365.70 – $0.80 Silver* $ 4.05 – $0.05 Platinum* $365.50 – $1.75 Nickel** $ 3.19 – $0.04 Lead** $ 0.24 + $0.01 Copper{ $ 1.06 – $0.03 Zinc $ 0.56 + $0.03 Courtesy of Sco…


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