University study at A-J mine
A unit of Echo Bay Mines (TSE) recently awarded a research grant of about US$112,000 to the University of Alaska’s mineral industry research laboratory. The grant will support a 1-year study of rocks …
Articles by Northern Miner Staff
Deak International private placement (August 19, 1991)
Deak International Holdings has completed a private placement designed to reduce the amount owed to it by affiliate Deak Resources (TSE). But plans to install a base metal circuit at Deak’s Kerr mill …
CORRECTION (August 19, 1991)
The vice-president of exploration for Radisson Mining Resources (ME) is Guy Parent and not Jacques Noel (who acts as corporate secretary) as reported (T.N.M., Aug. 5, 1991).
Spot prices at a glance (August 19, 1991)
Week’ Price (US) Change Gold* $356.50 + $ 0.65 Silver* $ 3.95 — $ 0.02 Platinum* $348.25 — $ 6.25 Nickel** $ 3.72 + $ 0.01 Lead** $ 0.25 $ 0.00 Copper{ $ 1.01 + $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy …
Corporate split is proposed for Madeleine
In a bid to consolidate some of the holdings within his Toronto mining group, Patrick Sheridan is proposing to split Madeleine Mines’ (TSE) platinum and gold assets into two separate concerns. Pending…
Granges drops Cross Lake option
Vancouver-based Granges (TSE) recently dropped its option to earn a 60% interest in Cross Lake Minerals’ (VSE) Currie Bowman base metal property near Timmins, Ont. Cross Lake says one of the four hole…
Alberta Stock Exchange (August 19, 1991)
Active in the Kirkland Lake, Ont., and Matagami, Que., areas, Kingswood Explorations traded a hefty 814,400 shares for the week ended Aug. 13, slipping a penny to 20 cents. The company’s gold property…
GOLD FUNDS (August 19, 1991)
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
FINANCING (August 19, 1991)
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
TORONTO STOCK EXCHANGE INDICES (August 19, 1991)
Aug 13 Aug 12 Aug 9 Aug 8 Aug 7 HIGH LOW Composite”300″ 3524.23 3495.38 3502.77 3514.65 3528.63 4009.47 3009.91 Metals & Minerals3107.47 3091.71 3114.58 3146.71 3157.93 3453.06 2502.63 Integrated Mine…
Pulse drops Barb project
No further work is being planned by Pulse Resources (VSE) for the Barb project, 100 miles north of Watson Lake, Yukon. The company recently completed its 1991 exploration program which was designed to…
Toronto Stock Exchange (August 19, 1991)
Two of Canada’s newest issues made their presence felt during the week ended Aug. 13 despite more depressing news on the metals front. As metal inventories on the London Metal Exchange reached a recor…