Potash Corp. profit up
The first-quarter profit of Potash Corp. of Saskatchewan is expected to be in the range of $11-13 million, up from $3.6 million in the year-earlier period, said Chairman Charles Childers. Childers rec…
1991
FUTURES PRICES (April 22, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 108.35 108.10 108.15 +1.45 May 108.80 108.10 108.55 +1.40 Jun 108.05 107.95 108.05 +1.65 SILVER (in UScl per oz.)…
Lodestar acquires porphyry prospect
A diamond drilling program has been proposed to test Lodestar Explorations’ (VSE) recently acquired Taurus copper-molybdenum-gold property, 46 miles northeast of Tetlin Junction on the Alaska Highway….
IOCC GOLD OPTIONS (April 22, 1991)
Options Open Series Volume Last Interest May 360 C 20 10.50 55 Aug.380 C 10 8.60 96 May 360 P 30 4.50 150 The New York closing gold price was $361.40 per oz. Last quotations for gold options traded in…
Douay partners aim to increase reserve tonnage
The latest drilling program at the Douay Twp. gold property of Inco (TSE) and Societe d’Exploration Miniere Vior (ME) in Quebec’s Casa Berardi region is targeted in part at boosting estimated reserves…
Wye plans to drill Saganaga Lake
Wye Resources (CDN) plans to begin a 5-hole program on its Saganaga Lake gold property, 75 miles southwest of Thunder Bay, Ont., as soon as the snow melts. Saganaga Lake, which straddles the Ontario-M…
Vancouver Stock Exchange Goldbelt plans exploration work
The VSE resource and composite indices remained little changed over the week ended April 9. The resource index posted a 4-point drop to 570.34 while the composite index remained virtually unchanged at…
High interest rates, low prices make 1990 `a disappointing year”
Any way you look at it, the year 1990 will not be remembered fondly by many Canadian mining companies that have seen their profits plunge in the wake of falling metal prices, high interest rates and r…
Samatosum drilling extends new zone
Underground drilling at the Samatosum mine near Kamloops, B.C., has extended the strike length of the new zone of mineralization to about 50 metres in total. The Samatosum mine is owned 70% by Minnova…
WAMIC plans fiesta day
The Women’s Association of the Mining Industry of Canada (WAMIC) will present its “South of the Border Fiesta” at Sheehan’s farm at Caledon East (northeast of Toronto) on Sept. 7 between 11 a.m. and 6…
BP,Lysander to resume drilling on Cat property
A work program operated by BP Resources Canada (TSE) will begin next month to test a sulphide system with associated copper, gold and arsenic defined on the Cat property last year. The property is nor…
Euros, Thios come up with Rock & Roll reserve figure
A preliminary reserve estimate was released by Eurus Resource (VSE) and Thios Resources (VSE) for their joint venture Rock & Roll property in the Iskut River region of northwestern British Columbia. T…