Teck drilling Dufresnoy play
A 4-hole drilling program is under way on the BarryOr property in Barry Twp., 180 km northeast of Val d’Or, Que., Dufresnoy, Societe d’Exploration Miniere (ME) reports. Program operator Teck (TSE) may…
Articles by Northern Miner Staff
Mt. Milligan decision threatens property market
Junior companies seeking to vend copper-gold porphyry projects to senior companies may face a tougher marketing challenge now that Placer Dome (TSE) has written off its $266-million investment in the …
Unlisted Trading (February 17, 1992)
Continuing to trade actively, Pelangio-Larder Mines gained another 3 cents to close at 60 cents during the week ended Feb. 11. The company has acquired an option on 12 claims in Hurdman Twp., Ont., ab…
EDITORIAL PAGE (February 17, 1992)
“In Sudbury we visited Inco, a company that has made great progress in rehabilitation in recent years. They have a very simple but effective program for returning injured workers to employment as quic…
Minnova moves rigs to Rouyn
Toronto-based Minnova (TSE) is moving two rigs on to the Golden Briar (Flag) property in Rouyn and Beauchastel twps., Que., to test for deep mineralized structures. The scheduled program, which consis…
Western Quebec drills Dubuisson
Two drill rigs are active on the Dubuisson East gold property in the Val d’Or, Que., area, Western Quebec Mines (TSE) reports. Western, which optioned the property from Republic Goldfields (VSE), is t…
FUTURES PRICES (February 17, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 99.10 98.50 98.50 + 1.35 Mar 99.15 98.25 98.60 + 1.05 May 98.70 97.90 98.15 + 0.65 SILVER (in US cents per oz…
Spot prices at a glance (February 17, 1992)
Week’s Price (US) Change Gold* $356.35 + $1.40 Silver* $ 4.20 + $0.03 Platinum* $367.50 + $9.25 Nickel** $ 3.51 + $0.04 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.50 – $0.02 Courtesy of Scotia…
Tieman takes MNR assignment
The Ontario Ministry of Natural Resources (MNR) recently took on former Ontario Mining and Lands Commissioner Dennis Tieman for a special assignment. Tieman, who was appointed commissioner in 1990, wi…
Curragh facing gap’ in Faro output
Curragh Resources (TSE) is facing the possibility of having to lay off at least some of the 400 miners employed at its Faro zinc-lead mine in the Yukon, unless it can come up with financing for develo…
Industry favors fly-in operations
We are surprised that David Johnston takes issue in his letter to the editor (T.N.M., Oct. 14/91) with our research findings cited by Olav Svela (T.N.M., Sept. 2/91) with respect to the growth of comm…
Pegasus eyes new opportunities
Spokane-based Pegasus Gold (NYSE) kicked off the new year by joint-venturing a Nevada gold property held by Athena Gold (VSE), and in a separate development, announced plans to make an additional equi…