FREE MARKET (November 25, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 19 Nov 18 Nov 15 Nov 14 Nov 13 Copper 1311-1312 1326-1327 1357-1358 1341-1342 13…
Articles by Northern Miner Staff
Vancouver Stock Exchange (November 25, 1991)
Trading activity followed the lead of major markets in the east, with both local indices losing ground during the week ended Nov. 19. The composite index dropped by 18.38 points to finish at 556.36, w…
Hisway plans drill program
With the successful completion of geochemical and geophysical surveys on the Holberg Inlet property on northern Vancouver Island, Cameco (TSE) is planning a 700-metre drilling program. Cameco can earn…
EDITORIAL PAGE (November 25, 1991)
“Natural resources account for one dollar in every five of the wealth generated by primary and secondary industries in this country. When we consider productivity of workers in Canada’s manufacturing …
Funds available for Rabbit Lake review
Participants in the review of Saskatchewan’s Rabbit Lake uranium project are eligible for funding from the Federal Environmental Assessment Review Office (FEARO). A fund of up to $125,000 is available…
Synthetic industrial minerals studied
An industrial mineral background paper exploring the development potential for manufacturing synthetic industrial minerals in Ontario was recently released by the Ontario Ministry of Northern Developm…
Agnico president active in market
Agnico-Eagle Mines (TSE) recently reported the discovery of a new gold-bearing zone 300 ft. north of the main production area at its LaRonde gold mine at Cadillac Twp., Que. President Paul Penna bough…
Timmins warrants
Timmins Nickel (TSE) reports that all five million special warrants issued during the summer in a private placement have been exercised and exchanged for five million common shares. The warrants sold …
FUTURES PRICES (November 25, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 104.90 103.80 104.25 – 1.55 Dec 104.55 103.20 103.75 – 0.85 Jan 103.50 103.40 103.15 – 0.75 SILVER (in US cen…
Alberta Stock Exchange (November 18, 1991)
Investors added 50 cents to Biron Bay Resources after the company annouanced results from its Summit project in the Steeple Rock mining district of New Mexico. Closing at $1.10 for the week ended Nov….
Kowalski launches Founder Resources
Former Metalore Resources (TSE) geologist Barbara Kowalski has successfully launched a new junior exploration company with a mandate to develop three claim groups near Beardmore in northern Ontario. S…
Salmo venture land package grows
Proceeds from a recent private placement agreement will be used by the Salmo joint venture to further explore the Katie copper-gold property and newly acquired claim blocks surrounding the Katie prope…