Corrections (August 13, 1990)
Contrary to an earlier story (T.N.M., Aug. 6/90), Flagship Resources (COATS) has not changed its corporate name. Another over-the-counter firm, Delbridge Mines, recently changed its name to Hoverspace…
Articles by Northern Miner Staff
Toronto Stock Exchange Gold index suffers as investors bail out of
A small measure of calm reigned over the markets today, Aug. 8, as U.S. President George Bush attempted to protect America’s interests in Saudi Arabia by moving 4,500 troops toward the big oil produce…
Montreal Exchange Mazarin, Cambior deal
In response to the latest Mid- East crisis involving a show of force by Iraq, the ME, like its sister equity markets around the world, took it on the chin for the week ended Aug. 7. The general market…
Alberta Stock Exchange Fear boosts gold
Trading volumes were generally lower during the week ended Aug. 7 as most investors appeared to be awaiting the outcome of events in the current Middle East turmoil. Meanwhile, gold prices surged ahea…
PEOPLE PAMOUR INC.
Robert Needham appointed president and chief executive officer of Pamour Inc., Giant Yellowknife Mines, Pamorex Minerals, Mate Yellowknife Gold Mines, Akaitcho Yellowknife Gold Mines and ERG Resources…
PEOPLE ONTARIO SECURITIES COMMISSION
Dean Kitts appointed commissioner succeeding Malcolm Taschereau; William Moull appointed vice-chairman.
PEOPLE CONSOLIDATED TROUT LAKE RESOURCES
Carl von Einsiedel, Sip Liew, Robert Zabba, Eric Proppe and Dwayne Zabba elected to the board of directors. Carl von Einsiedel appointed president, Robert Zabba, chief executive officer, and Eric Prop…
NEWS IN BRIEF Pine Point Mines
Common shares for Pine Point Mines Ltd. (PPT:VSE) have been delisted as they no longer meet the VSE’s distribution requirements.005…
Major ready to veto deal at Louvicourt
A senior official in Noranda Minerals group has told a Quebec business paper that Noranda (TSE) is opposed to an agreement designed to end the legal dispute over the massive sulphide discovery of Aur …
Nemis “couldn’t be happier” as tonnage builds at Crude bet
As Central Crude (TSE) President Richard Nemis contemplates his company’s Eagle River and Moss Lake projects from a 42-ft. yacht on the waters of Georgian Bay, Ont., he admits that life couldn’t be be…
PRODUCER PRICES (August 13, 1990)
ALUMINUM: MW U.S. Market US73-75 cents per lb. (Jul. 26, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: …
Dickenson, Wharf boost production
Net earnings of $2.3 million (13 cents per share) on revenue of $32.7 million were reported by Dickenson Mines (TSE) for the first six months of 1990, compared with net income of $6.6 million (40 cent…