Prairie reactor under discussion
The possibility of a nuclear reactor being built in Sas-katchewan will be examined by provincial utility SaskPower Corp. and federal agency Atomic Energy of Canada Ltd. (AECL). The province and Ottawa…
Articles by Northern Miner Staff
Ocean drilling provides look at mineral deposit as it forms
A senior public outfit recently intersected 94 metres of massive sulphides grading an average 6% zinc and 1.5% copper. Other intercepts were just as thick and just as rich. Ordinarily that would be ma…
Toronto Stock Exchange (October 07, 1991)
Sparked by a lack of industrial demand and new automotive technology, the steady decline in the price of platinum finally caught up with Pat Sheridan during the week ended Oct. 1. Strapped for cash an…
Alberta Stock Exchange (October 07, 1991)
Toronto-based Noble Peak Resources topped the most active list for the week ended Oct. 2 with a single block trade. The block, which represents the last of the company’s flow-through shares, was bough…
Sikaman proposes debt restructuring (October 07, 1991)
Sikaman Gold Resources (TSE) will seek approval from debenture holders at a meeting Nov. 15 to decrease the conversion price of its $6.1-million convertible debenture to 50 cents per share from $3.50 …
Cal Graphite units
Cal Graphite (VSE) plans to sell, subject to regulatory approval, a private placement of up to 330,000 units, each unit priced at $4 and consisting of one share and one warrant to purchase one-quarter…
INSIDER TRADING (October 07, 1991)
The fluctuating price of Metalore Resources (TSE) shares recently presented director Christopher Brown with an opportunity to profit. According to Ontario Securities Commission’s OSC Bulletin, Brown b…
High-tech end uses anticipate growth in demand for gallium
From computer chips to compact disk players, from solar cells in satellites to the phased-array radar systems which operated during the Persian Gulf War, gallium plays a key role in many areas of toda…
McGill pair wins GAC’s award
Two members of the department of geological sciences at McGill University in Montreal were selected as the 1991 winners of the Julian Boldy award. The paper, by Timothy Barrett and Sergio Cattalani ti…
Rock & Roll drilling resumes
Partners Eurus Resource (VSE) and Thios Resources (VSE) have mobilized a drill rig to test several targets on their Rock & Roll property in northwestern British Columbia. Drilling on the property earl…
Low prices force Rio to close North America’s only tin mine
North America will lose its only producing primary tin mine following a decision by Rio Algom (TSE) to close its East Kemptville operation about 60 km northeast of here. The open pit mine, which opene…
Costs lowered at Dome mine
Cash production costs at the Dome gold mine of Placer Dome (TSE) at Timmins, Ont., averaged US$312 per oz. during the first six months of 1991, compared with US$444 for the same period last year, the …