1991

A much anticipated drop in U.S. and Canadian interest rates during the week ended Sept. 17 failed to generate much enthusiasm for equities. As the gold price continued to hover at the low end of its U…

Price (US) Week’s Change Gold* $348.00 + $0.50 Silver* $ 4.09 + $0.12 Platinum* $354.75 + $8.25 Nickel** $ 3.46 – $0.18 Lead** $ 0.24 – $0.01 Copper $ 1.03 – $0.03 Zinc $ 0.47 $0.00 Courtesy of Scotia…

Sept 17 Sept 16 Sept 13 Sept 12 Sept 11 High Low Composite “300”3417.96 3428.17 3421.14 3437.59 3429.74 4009.47 3009.91 Metals & Minerals2934.88 2965.90 2956.75 2959.59 2966.18 3453.06 2502.63 Intergr…

Cree Lake Resources Corp – 950,000 units consisting of 1 sh and 1 wt offered @ $1.25 per unit. Commonwealth Gold Corporation – 2,500,000 units consisting of 1 sh and 1 wt offered @ 49 cents per unit.

Second in longevity among the troika of classic mines started by Dome Mines and Campbell Red Lake Mines in eastern Canada, the Sigma mine in Val d’Or, Que., is a creature of contrasts. The Placer Dome…

Activity in the Mishibishu Lake area of northern Ontario has come to a virtual standstill over the past year, following a string of disappointments for the area’s two major players, Central Crude (TSE…

Stepout drilling at the Fish Lake property, southwest of Williams Lake, B.C., is confirming results encountered in the first hole of this year’s drilling program. As a result, contained gold and coppe…

Three studies published by Roskill Information Services of London look at the fortunes of the industrial minerals magnesium, kaolin and natural graphite. Magnesium, according to Roskill, always genera…

R. MacDonald appointed chief financial officer and senior vice-president, finance.

The third annual Canadian conference on markets for industrial minerals, Industrial Minerals ’91, scheduled for Oct. 22-23 at Toronto’s King Edward Hotel, will include a presentation of interest to co…

Toronto-based Denison Mines (TSE) recently completed the sale of a 12.6% interest in the Casablanca oilfield offshore Spain for US$15.5 million. However, even though Denison expects to receive an addi…

Limited continuity in the Cliff Creek zone at the Lawyers mine in north-central British Columbia has forced owner Cheni Gold Mines (TSE) to lower its ore reserves once again. Paul Savoy, president of …