1991



Crude, partners up Moss Lake reserves

Partners Central Crude (TSE), Tandem Resources (TSE) and Storimin Exploration (ASE) have announced a substantial increase in reserves at the Moss Lake gold project, about 50 miles west of Thunder Bay,…


Siderock drilling

Privately owned Siderock Gold is planning a 30-hole overburden drilling program this winter on its Joe 3 & 4 claim group situated about eight miles east of the former San Antonio gold mine in Manitoba…


Abitibi, Golden Rule settle Douay project

Calgary-based Northern Abitibi Mining (ASE) and Golden Rule Resources (TSE) have settled their legal dispute with partners Inco (TSE), Vior (ME) and Cambior (TSE). The legal dispute erupted between th…


METALS PRICES FUTURES PRICES

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 107.40 106.35 106.50 –2.15 Feb 107.10 106.00 106.85 –1.90 Mar 106.40 105.00 105.95 –1.75 SILVER (in US cen…


USMX, INC.

James Knox, Gregory Pusey and John Willson appointed to an interim executive committee of the board of directors; Keith Hulley resigned as president and director.


Alcan earnings tumble in 1990

Fourth-quarter net income picked up for Alcan Aluminum (TSE) but the Montreal-based aluminum producer saw its overall earnings dip in 1990 to US$543 million from US$835 million for the previous year o…


Keno mines on hold

In view of recent silver prices, management of United Keno Hill Mines (TSE) decided not to begin commercial production at its silver-lead-zinc properties in the Keno-Galena Hills area of the Yukon. Th…


EDITORIAL PAGE Retail investors

If the Ontario’s securities overseers are convinced that small investors are no longer wanted, they should go ahead with its plan to charge a flat rate of 50 cents for every trade made on The Toronto …


Teck bows out of Platinova play

Vancouver-based Teck (TSE) has withdrawn from participation in the East Greenland gold-platinum project of Platinova Resources (TSE), the latter company reported. Toronto-based Platinova said an assay…


COATS (over-the-counter) Strike soars to 65 cents

Confirming a base metal find on their property near Matachewan, Ont., Strike Minerals soared to new highs for the week ended Jan. 22, gaining 20 cents to close at 65 cents on a volume of 509,700. Part…


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