Montreal Exchange Paymaster work planned
While the general market portfolio index enjoyed a gain of almost 21 points for the week ended Jan. 22, the mining and minerals index slipped by more than 5 points. Daily trading volumes were erratic,…
Articles by Northern Miner Staff
METAL PRICES PRODUCER PRICES (January 28, 1991)
ALUMINUM: MW U.S. Market US70.00- 71.50 cents per lb. (Jan. 10, 1991). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
NovaGold to drill Sears Lake property
An 800-metre drilling program is scheduled to get under way at the Sears Lake property in north- central New Brunswick this month. Geophysical surveys have outlined several anomalies similar to those …
Newfoundland doubles tax on claims
Newfoundland has doubled its tax on mineral holdings to encourage exploration on land not being worked. Beginning this month, the province is charging groundholders an impost of $6 per hectare, up fro…
Irish organize PDAC get-together
Calling all Irish geologists and mining engineers! Mary-Claire Ward is looking for Irish exiles who would be interested in getting together with visiting members of the Geological Survey of Ireland at…
NEWS IN BRIEF Kewagama Gold Mines
Kewagama Gold Mines (Quebec) (ME) recently concluded a financing agreement (subject to regulatory approval) whereby a private investor will fund $150,000 worth of exploration work in return for 500,00…
Newmont options Montana gold bet
A recent joint- venture agreement executed by a U.S. subsidiary of Mountain West Resources (VSE) will provide funds for continuing exploration of the Elkhorn gold project about 20 miles south of Helen…
EDITORIAL PAGE Matachewan under the microscope
The case of Matachewan Consolidated Mines is one that the mining industry in Ontario is going to be watching closely. How far the government goes in applying the Environmental Protection Act to Matach…
Gold goes over US$400 as Gulf war breaks out
Analysts who had predicted that the price of gold would stage a sharp rally after the Jan. 15 United Nations deadline for Iraq to withdraw from Kuwait proved to be right on the money. As stock markets…
Inco, Vior buy out Douay bet partner
The total price to buy the interest of Cambior (TSE) in the Douay gold exploration project in the Casa Berardi region of Quebec is $750,000 plus shares of the junior mining company involved in the ven…
Last half of 1990 a struggle for VSE
Trading activity in 1990 on the Vancouver Stock Exchange was up slightly from 1989 in a year of mixed activity which witnessed strong trading volumes and values during the first seven months and a ste…
Silver Standard moves into Mexico on basis of new laws
Taking advantage of recent changes in Mexican mining law, Silver Standard Resources (VSE) has acquired an option to purchase the Mexican owner of the La Choya gold property in northern Sonora, Mexico….