CIM workshop
The Metallurgical Society of the Canadian Institute of Mining, Metallurgy and Petroleum will host a workshop on Nov. 4-5 at Toronto’s Bristol Place Hotel. Topic is “metallurgy and materials science in…
Articles by Northern Miner Staff
Galactic selling 48% stake in Ridgeway mine
In a move to clean up its balance sheet, Galactic Resources (TSE) has entered into an option agreement to sell its 48% interest in the Ridgeway open pit gold mine in South Carolina to Placer Dome (TSE…
EDITORIALS
British Columbia has developed a reputation for having colorful politics, with campaigns in the province typically focused more on personalities than on issues. Things appear to be no different this t…
Gold Hawk options Ontario property
Consolidated Gold Hawk Resources (ASE) reports optioning a gold property in Rickaby Twp. in the Beardmore-Geraldton area of northwestern Ontario. Surface sampling has been encouraging; the company say…
METAL PRICES (October 14, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 8 Oct 7 Oct 4 Oct 3 Oct 2 Copper 1364-1366 1345-1346 1352-1353 1353-1354 1328-13…
Dryden completes drilling on QC property near Iskut
A recent drill program by Dryden Resource (VSE) returned encouraging results from both a gold- quartz vein system and a porphyry copper-gold system on the QC property in northern British Columbia. Dry…
TORONTO STOCK EXCHANGE INDICES (October 14, 1991)
Oct 8 Oct 7 Oct 4 Oct 3 Oct 2 High Low Composite “300” 3353.71 3357.13 3378.87 3393.28 3393.59 4009.47 3009.91 Metals & Minerals 2761.97 2761.80 2779.61 2804.84 2836.52 3453.06 2502.63 Intergrated Min…
SOQUEM signs option deals with a pair of Quebec juniors
The mining exploration arm of the Quebec government, SOQUEM, recently made a number of property deals and financings with Quebec juniors. North of Schefferville, SOQUEM may earn (subject to the necess…
Audrey raising $40 million for Mobrun
Audrey Resources (TSE) is taking steps to obtain the $40 million it needs to repay debt and finance development of the Mobrun polymetallic mine near Rouyn-Noranda, Que., over the next three years. Rec…
INSIDER TRADING (October 14, 1991)
The rising price of Redstone Resources (TSE) shares recently gave President David Harquail, the chance to liquidate a portion of his holdings in the Toronto-based royalty company. According to Ontario…
Montreal Exchange (October 14, 1991)
Volumes were steady but trading turned downward during the week ended Oct. 8, with the market portfolio off by more than 25 points and the mining and minerals index down by 26.7 points. Daily volumes …
Feasibility positive for Minera’s Ivan
Results of a feasibility study on the Ivan copper project in northern Chile justify a positive production decision, says owner Minera Rayrock (TSE). If the initial cash cost is US$20 million and opera…