IMF gold reserves
IMF gold reserves The International Monetary Fund, a global lending agency supported by its nation members, listed about 3.3 million kg (about 103 million oz.) of gold among its general resources asse…
Articles by Northern Miner Staff
Fischer-Watt drilling Emigrant Gulch
Widely spaced drilling on the Emigrant Gulch prospect has Fischer-Watt Gold (NASDAQ) planning to continue work on the Duv target and several other targets found within a large land package in Park Cty…
LAC options Blue Moon
The Blue Moon project in Mariposa Cty., Calif., is one step closer to development. Owner Colony Pacific Explorations (TSE) recently optioned 50% of the property to LAC Minerals (TSE) in return for a t…
Tri-Alpha seeking a partner for Quebec wollastonite find
A Vancouver-based junior and Quebec’s ministry of energy and resources believe they have a major wollastonite find on their hands. The 298-claim St. Onge deposit, in the Lac St. Jean area of Quebec, i…
Fuels help boost mineral output to $41 billion
The total value of output from Canada’s mineral industry rose an estimated 5.2% last year to $41.3 billion, thanks largely to higher prices for petroleum products. The estimate, released by the federa…
METAL PRICES PRODUCER PRICES (February 11, 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…
Teeshin finalized Dome deal
The option agreement between Teeshin Resources (VSE) and Timmins Nickel (TSE) to place the Dome Mountain gold project into production has been finalized. Timmins can earn a 60% interest in the project…
Letter to the editor Legendary animals help to locate ore
I was interested and amused by the story of a moose and its ability to find gold-bearing rocks, as related by Hugh Coulson in his letter (Dec. 31/90). I have also read with interest Harris Hanson’s re…
Denison granted reprieve on loan
Toronto-based Denison Mines (TSE) has been granted more time to pay off a $148.4-million corporate loan facility to the Toronto Dominion Bank and Bank of America. The deadline for repayment has been e…
Spot prices at a glance (February 11, 1991)
Week’s Price (US) Change Gold* $360.90 — $8.85 Silver* $3.81 Platinum*$379.75 — $6.75 Nickel** $3.85 + $0.01 Lead** $0.27 Copper- $1.08 + $0.01 Zinc $0.53 + $0.01 Courtesy of Scotiabank. Information…
New plays featured at Cordilleran Roundup
Just under 2,000 delegates attended the 8th annual Cordilleran Geology and Exploration Roundup held recently in Vancouver, B.C., to hear news of the latest discoveries and exchange informationon finan…
Greenstone boosts grade
Final assays from a recent drill hole on Greenstone Resources’ (TSE) Santa Rosa gold project in Panama have produced a pleasant surprise for the company. After checking assays from hole 75, Greenstone…