Articles by Northern Miner Staff

METAL PRICES FREE MARKET (July 01, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 25 June 24 June 21 June 20 June 19 Copper 1367-1369 …


PEOPLE RIO ALGOM

Michael Parrett appointed vice-president and chief financial officer; William Pollock appointed vice-president, corporate development; David Muir appointed director, marketing.


Noranda deal boosts Hemlo’s growth plans

The recent offer of Noranda Inc. (TSE) to sell to Hemlo Gold Mines (TSE) all of its gold assets in exchange for 8.6 million common shares of Hemlo and about $10 million in royalties, was accepted rece…


Galactic reviewing DCC merger

With one merger already on its plate, Galactic Resources (TSE) is reviewing the possibility of a second merger. The company has been in the process of merging with Cornucopia Resources (TSE) for som…





Boliden closes Toronto office

Toronto-based Boliden Canada, a wholly owned subsidiary of Boliden International Mining, will cease operations July 31. All future North American exploration and administration will be conducted throu…


NEWS IN BRIEF Takla Star Resources

This season, Takla Star Resources (ASE) plans to concentrate its efforts on the AOK property near the Mt. Milligan deposit in north-central British Columbia.


TSE Short Positions (July 01, 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 242,362, down 181,…


PRODUCER PRICES (July 01, 1991)

ALUMINUM: MW U.S. Market US56.50-60.50 cents per lb. (Jun. 13, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CA…


Thunderwood draws a full house

With standing room only at the recent annual meeting of Thunderwood Resources (TSE), President and CEO John Heslop would have been hard pressed to review any more than the three projects that have bee…


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