TSE Short Positions (July 15, 1991)
Semi-monthly reports as of Jun 15, showed 24,245,977 shares of 564 issues compared with 22,603,148 shares of 583 issues on May 31. Larger individual positions included: Amer. Barrick 228,112; Aur Res….
Articles by Northern Miner Staff
Kalahari cuts good grades at La Currita
Drilling on the La Currita property near Chihuahua, Mexico, is returning good gold-silver intersections over wide widths. The La Currita property is leased to Kalahari Resources (VSE) which has the r…
LETTERS TO THE EDITOR Prescription of new remedy for industry’s
Regarding James Wade’s letter “Diagnosis of exploration’s malaise” (T.N.M., Jun. 24/91), I am prompted to add some comments, having managed the Canadian Exploration Incentive Program (CEIP) for 1989 a…
Repadre revises diamond deal
A joint venture covering diamond exploration between Repadre Capital (VSE) and AMPAL in Botswana has been revised to allow Repadre to earn a 50% interest in the venture. Initially, Repadre agreed to …
Silver price won’t give in
The price of silver, which in early June received a boost from a bullish report by The Silver Institute of Washington, D.C., continues to trade well in New York. Spot price of the precious metal on t…
Noranda seeks Heath Steele backing
The recent 10-month-long strike at the Brunswick zinc-lead mine near Bathurst, N.B., has forced Noranda (TSE) and 67% owned affiliate Brunswick Mining & Smelting (TSE) to look for help in expanding it…
Queenston, Strike commence drilling
A $230,000 drill program began recently at the Queenston Mining (TSE) and Strike Minerals (CDN) base metal joint venture in Robertson Twp. 14 km north of Matachewan, Ont. Having outlined preliminary …
NEWS IN BRIEF Muscocho plans share issue
Shareholders of Muscocho Explorations (TSE) recently granted the company permission to issue up to 11 million common shares to its creditors. The planned share issue is part of an amended plan of arra…
Three mine closings forge Noranda’s policy on shutdowns
With two operations recently closed and a third mine shutdown imminent, Noranda (TSE) is bringing into play its environmental management system that has been developed during the last several years to…
Fort Knox active near Shiningtree
Toronto-based Fort Knox Gold Resources (TSE) says it plans to begin drilling soon on 31 claims in Fawcett Twp. near the Shiningtree area of Ontario in the hope of finding a volcanogenic massive sulphi…
NEWS IN BRIEF Copper miners strike in Chile
The spot price of copper, reacting to news out of Chile that about 10,000 workers at the government-owned Chile Copper Corp. had gone on strike over salaries in early July, gained almost two cents on …
METAL PRICES PRODUCER PRICES (July 08, 1991)
ALUMINUM: MW U.S. Market US59.50-61.50 cents per lb. (Jun. 20, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.00-3.10 per lb. (Jun. 20, 1991). C…