1991

U.S. copper miner Arimetco International (TSE) has completed a private placement of US$8.75 million worth of convertible notes to finance development of its Van Dyke porphyry copper project in Arizona…

Having recently purchased Mount Skukum mill southwest of Whitehorse, Yukon, Toronto-based Wheaton River Minerals (TSE) says it intends to make a takeover bid for all the outstanding shares of Omni Res…

Toronto-based Parlake Resources has changed its name to Concord Capital Corp. (TSE) to more accurately reflect its status as a holding and investment company rather than as a resource-based concern.

A pair of tailings retreatment projects continue to yield gold in the Kirkland Lake, Ont., area, while a similar project at Timmins, Ont., has been shut down and a fourth in the Northwest Territories …

Two of Canada’s newest issues made their presence felt during the week ended Aug. 13 despite more depressing news on the metals front. As metal inventories on the London Metal Exchange reached a recor…

Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…

BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…

A second-phase exploration program has started on the ROK property, an equal joint venture between Consolidated Carina Resources (VSE) and Manchester Resources (ASE). The copper-gold property is in th…

Agreement to boost its interest in the Falconbridge Dominicana (Falcondo) nickel operation from 1.7% to 2.2% has been reached, Redstone Resources (TSE) reported. Falcondo produces 68 million lb. nicke…

No further work is being planned by Pulse Resources (VSE) for the Barb project, 100 miles north of Watson Lake, Yukon. The company recently completed its 1991 exploration program which was designed to…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 101.40 100.40 101.03 + 0.30 Sept 101.50 100.20 101.35 + 0.55 Oct 100.75 100.00 100.75 + 0.45 SILVER (in US ce…

Despite increased gold production, Placer Dome (TSE) reported a substantial decline in this year’s first-half earnings from 1990 levels because of lower gold prices and a reduced contribution from bas…