Eskay Creek talks break off
Discussions between Placer Dome (TSE) and Corona (TSE) broke down after the two companies were unable to settle undisclosed issues relating to future development of the Eskay Creek project north of St…
Articles by Northern Miner Staff
U.S.REPORT Great Lakes buys out Michigan firm
Increasing its commitment to northern Michigan, Great Lakes Minerals (TSE) has acquired 100% of Keeweenaw Copper (KCC), a private company with a stake in a number of copper deposits along the Keeweena…
EDITORIAL Sacrificing development for river rafters
It is hard to tell how many people pay for the opportunity to raft down the Tatshenshini River each year. It could be in the hundreds, and there may well be a large number of Canadians among them. For…
FINANCING (March 18, 1991)
Blue Sun Resources Corporation — 1,000,000 units consisting of 1 sh & 2 wts offered @ 40 cents per unit. Crisan Resources Ltd. — 1,400,000 shs offered @ 55 cents per sh. Pulse Resources Ltd. — 1,25…
TORONTO STOCK EXCHANGE INDICES (March 18, 1991)
Mar.12 Mar.11 Mar.8 Mar.7 Mar.6 HIGH LOW Composite “300”3544.41 3555.00 3571.42 3564.04 3571.53 4009.47 3009.91 Metals & Minerals3217.09 3204.19 3235.65 3237.50 3244.10 3453.06 2502.63 Integrated Mine…
TSE Short Positions (March 18, 1991)
Semi-monthly reports as of Feb 28, showed 25,585,763 shares of 593 issues compared with 26,111,256 shares of 611 issues on Feb 15. Larger individual positions included: Amer.Barrick 204,252, up 32,324…
U.S.REPORT Silverado releases O’Dea reserve
Following a compilation of past drilling and underground development work on the Ester Dome joint venture, 20% owner Silverado Mines (VSE) estimates preliminary reserves on the O’Dea vein stand at abo…
GOLD FUNDS (March 18, 1991)
BGR Central Net Value $ 9.20 $ 5.15 Price $ 8.00 $ 4.650 Discount 13.04% 9.7% Value $54,763,943 $78,232,995…
OBITUARY Ossian Walli
Ossian “Ossie” Walli, a well-known educator and founding architect of the post-secondary Haileybury School of Mines, died recently in New Liskeard, Ont., after a brief illness. He was 88. Born at Copp…
Writedown puts Malartic in red
Lower gold prices combined with asset writedowns and provisions for losses on certain investments put Malartic Hygrade Gold Mines (VSE) in the red durring 1990. The company reported a loss of $5.55 mi…
Ontario Over-the-Counter New zone at MacLeod
Two holes drilled into the mineralized contact at the MacLeod Lake property north of Chibougamau, Que., have intersected a new copper zone, the South zone, extending over a strike length of 500 metres…
Obituary Andre Laurin
Andre Laurin, chief executive officer of Societe Quebecoise D’Exploration Miniere (SOQUEM), died suddenly on March 7. He was 62. Laurin, who received a doctorate in geology from Laval University in 19…