Some points to ponder
I think that overall the Russian gold industry is in serious trouble. It’s obvious the bulk of Russian gold through 1930-1960 came from the placer gold fields of the Soviet Far East and that the sourc…
Articles by Northern Miner Staff
Merge of Rio not on Uranium agenda
The proposed merger of Rio Algom (TSE) and in situ leaching specialist Uranium Resources (TSE) will not be discussed at Uranium’s Nov. 7 annual meeting in Dallas. The Texas company has twice postponed…
Spot prices at a glance (October 21, 1991)
Week’s Price (US) Change Gold* $356.40 – $1.20 Silver* $ 4.05 – $0.03 Platinum* $365.75 + $9.00 Nickel** $ 3.35 – $0.07 Lead** $ 0.23 – 0.01 Copper $ 1.07 – 0.01 Zinc $ 0.44 – 0.01 Courtesy of Scotiab…
Cal Graphite sells Sudbury property
Graphite producer Cal Graphite (VSE) reported selling its Sudbury, Ont., property that was acquired for chemical upgrading of its graphite production. The company, which mines graphite in central Onta…
Kookaburra adds to Santa Fe
A recently signed letter of intent could result in Kookaburra Gold (VSE) acquiring a group of claims adjacent to its Santa Fe South property near Hawthorne, Nev., from Princeton Mining (TSE). The agre…
Flett to explain Billiton’s role in Canada, worldwide
Andrew Flett, president of Billiton Metals Canada since July, 1990, will speak at a luncheon meeting at Toronto’s Royal York Hotel on Oct. 24. It is held by the Toronto branch of the Canadian Institut…
PNG road show tries to ease investors’ fears
Porgera, Misima, Lihir and Ok Tedi are heavyweights among the world’s gold producers, or will soon be. As well, Kutubu and Hides are on the verge of making the same mark in hydrocarbons. These mining …
Coeur d’Alene wins $50,000
Idaho-based Coeur d’Alene Mines recently won the first Du Pont/Conoco Environmental Leadership Award for environmental excellence in the U.S. metals mining industry. This year seven companies were nom…
Eastmaque closing tailings project
Eastmaque Gold (TSE) has elected to close its Kirkland Lake, Ont., gold tailings reclamation and recovery project after extracting about 12,500 oz. this year. While the 19,865 oz. recovered from the p…
Morrison selling Aerodat interest
Subject to regulatory and shareholder approval, Morrison Minerals (TSE) plans to sell its shares in Aerodat Ltd., a private company in the airborne geophysical service industry, to Geonex Ltd. Morriso…
Rayrock buys 20% of New Canamin
Intrigued by New Canamin Resources’ (VSE) recently acquired copper porphyry plays in central British Columbia, Rayrock Yellowknife Resources (TSE) has purchased, through a private placement, 600,000 s…
Durga writes off exploration costs
Durga Resources (ASE) has written off $1.9 million in deferred exploration expenditures for the fiscal year ended March 31. More than half of the writeoff expense is attributed to Durga’s gold prospec…