Soviet factor skews forecasts for nickel market
Worldwide nickel consumption in balance with production until the late 1990s and annual growth in consumption at a galloping 3.4% after that (at least until 2005.) These were the projections of nickel…
Articles by Northern Miner Staff
Alberta Stock Exchange (November 25, 1991)
Northfield Minerals picked up 8 cents to close at 83 cents for the week ended Nov. 19 as the company poured its first gold from the Cheminis mine east of Timmins, Ont. More than 1,200 oz. were recover…
PROFILE (November 25, 1991)
Some observers, prompted by Inco Ltd.’s recent staking and drilling activity, note a change in its approach to exploration: a conservative company has become more aggressive in its search for ore. In …
TORONTO STOCK EXCHANGE INDICES (November 25, 1991)
Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 High Low Composite “300” 3515.32 3550.76 3535.48 3575.84 3596.92 4009.47 3009.91 Metals & Minerals 2947.26 2982.22 2999.24 3028.17 3108.57 3453.06 2502.63 Intergrate…
TSE Short Positions (November 25, 1991)
Semi-monthly reports as of October 31, showed 19,829,016 shares of 582 issues compared with 21,518,619 shares of 580 issues on October 15. Larger individual positions included: Amax Gold 70,600, down …
Placer reports record production
The latest financial and operating results released by Placer Dome (TSE) reveal record gold production and considerable progress being made in the company’s efforts to lower overall production costs. …
Unlisted Trading (November 25, 1991)
White Star Copper Mines (CDN) emerged as the top trader during the week ended Nov. 19, jumping from 10 cents to 50 cents in a matter of days. The junior says it is negotiating with a major mining comp…
Miller’s Musings (November 25, 1991)
When Professor Michael Porter released his summary report on the Canadian economy a few weeks ago, it caused a media stir. Most reports seemed to imply that Canada’s resource industries are somehow to…
Curragh selling smelter interest (November 25, 1991)
Weak zinc prices, a high Canadian dollar and an investment in Spanish smelting company Asturiana De Zinc were factors in a losing third quarter for Toronto-based zinc-lead miner Curragh Resources (TSE…
Correction (November 25, 1991)
Ressources Robex (ME), which has an option to earn a 25% interest in property belonging to Bateman Bay Mining (ME) in the Chibougamau, Que., area, reported probable reserves of 748,200 tons grading 1….
Uranium Res. increases profits
Texas company Uranium Resources (TSE) managed to stay in the black during the third quarter of 1991 despite production problems at its Rosita uranium property. Uranium Resources reported net income of…
Mining resumes at El Mochito
A labor dispute which disrupted production at the El Mochito lead-zinc mine in Honduras has been resolved. Owner Breakwater Resources (TSE) said operations at the mine resumed on Nov. 7.