LETTERS TO THE EDITOR (December 02, 1991)
When your writer was at Cord Ranch recently, he should have stopped by Alligator Ridge. He would have found that Kennecott Corp. and Nerco Inc. no longer own Alligator Ridge; rather, USMX Inc., a soli…
When your writer was at Cord Ranch recently, he should have stopped by Alligator Ridge. He would have found that Kennecott Corp. and Nerco Inc. no longer own Alligator Ridge; rather, USMX Inc., a soli…
Almost four years after a Swiss bank acquired 75% of Calgary-based Comaplex Resources (TSE) without adequate disclosure to the Ontario Securities Commission, the complicated case has taken a new twist…
Despite record production for the first quarter of fiscal 1992, Glamis Gold (TSE) reported lower earnings than in the first quarter of 1991. First-quarter production totalled 18,041 oz. compared to 11…
Suspension of all mining activities at the Diotte graphite property at St. Aime, Lac des Iles, Que., was announced by Graphicor Resources. The company suspended operations because, it said it has been…
Once again, Goldhunter Explorations topped the weekly trading list as the company announced an option agreement on its 8-unit property near Shining Tree, Ont. VSE-listed Commonwealth Gold has the righ…
Creeping up 10 cents to 85 cents on thin volume during the week ended Nov. 26, Holcorp Mines says it has purchased a 100% interest in the MacArthur property in Lyon Cty., Nev., for US$1.9 million. Hol…
Development of a potential hydroelectric site and primary aluminum reduction plant in southern Chile is planned by Noranda Aluminum, a unit of Noranda (TSE), and Proyectos de Aysen SA of Santiago. The…
Have some spare time on your hands? Need a little extra cash? Well, we’ve got a project for you. It’s called “bash the uranium mining business” and it’s all paid with taxpayers’ money. The Federal Env…
Trading activity was relatively flat during the week ended Nov. 26, with the resource index posting a 1.3-point loss to 508.17 and the composite index gaining 5.2 points to close at 561.55. The recent…
An offering worth almost $105.9 million is being planned by LAC Minerals (TSE). The gold producer said it intends to offer 11 million common shares at $9.25 per share throughout Canada. An underwritin…
The Ontario government is offering its support to the Magino gold mine near Wawa, Ont., by lending cash-strapped partners Muscocho Explorations (TSE) and McNellen Resources (TSE) $1 million. Under a t…
On May 23, 1990, the three millionth ounce of gold from the Macassa mine was poured. Macassa, owned and operated by LAC Minerals Ltd., is located on the outskirts of the town of Kirkland Lake, in Teck…
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