IOCC GOLD OPTIONS (February 25, 1991)
Options Open Series Volume Last Interest May 370 C 26 11.00 10 May 380 C 290 6.00 48 May 400 C 123 3.10 95 May 410 C 58 2.30 67 May 440 C 50 1.00 73 May 450 C 18 0.80 50 Aug. 380 C 25 14.00 76 Aug. 44…
Articles by Northern Miner Staff
Trimin share offer expires
An offer by Trimin Resources (VSE) to purchase up to 2.2 million of its common shares at a cash price of $2 per share expired with only 556,657 shares tendered. After taking up these common shares, Tr…
Madeleine faces environmental charges
Toronto-based Madeleine Mines (TSE) and company President J. Patrick Sheridan were recently charged with six counts of violating Ontario’s environment laws. The charges were laid February 14 following…
Alberta Stock Exchange Golconda active (February 25, 1991)
During the report period ended Feb. 19, Goldconda Resources traded 530,100 shares to close up 24 cents at 45 cents. Earlier this month, the company acquired an option to earn a 100% interest in an Ore…
PRODUCER PRICES (February 25, 1991)
ALUMINUM: MW U.S. Market US66.50-68.50 cents per lb. (Jan. 31, 1991). ANTIMONY: New York dealer US80-83 cents per lb. (Jan. 31, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CA…
Drilling on North Belt cuts 9-ft. section of 5-oz. gold
Drilling on the Iron Colt vein at the North Belt property near Rossland, B.C., is continuing to return high-grade intersections. The latest hole, NB-1-91, graded 5.0 oz. gold per ton over 8.9 ft. Vang…
Perceptions of risk: Rationality vs Emotion
Why is it so difficult for industry to communicate with other groups in society, such as environmentalists, workers, unions and journalists about issues of environment and health? Why do apparently ra…
Willingdon hits thin, rich zone at Kenora
A 2,216-ft. drilling program on Willingdon Resources’ (COATS) Sioux Narrows property near Kenora, Ont., has intersected the gold-bearing structure in all six holes. Results from the shallow, narrow zo…
INSIDER TRADING (February 25, 1991)
Two of Glamis Gold’s (TSE) senior executives recently took the opportunity to cash in on the company’s success. According to the Ontario Securities Commission’s OSC Bulletin, James Billingsley, Glamis…
Akiko-Lori drops bid for Bradner
Rather than pursue a hostil takeover, Akiko-Lori Gold Resources (VSE) has agreed to withdraw its recent offer to acquire Bradner Resources (VSE). Bradner’s board of directors refected Akiko-Lori’s pro…
Scintilore drops gold mine claim (February 25, 1991)
Private companies Orapro Resources and Shannon Oils are planning to conduct a joint exploration program to search for diamond-bearing kimberlites in western Manitoba and eastern Saskatchewan. Shaun Sp…
Corona chairman resigns
Ned Goodman has resigned as chairman of Corona (TSE) to concentrate on his merchant banking and investment counselling business. Taking his place is Norman Anderson, former president and chief executi…