PEOPLE COMMODITY EXCHANGE, INC. (COMEX)
David Halperin appointed president of the exchange.
Articles by Northern Miner Staff
Noranda baffled by vanishing Karpa Spring gold find
What had at first appeared to be a significant new gold discovery in the Karpa Spring region of Western Australia has turned out to be a disappointment for joint venture partners Noranda (TSE) and Per…
Cheni earnings (August 13, 1990)
Net earnings for Cheni Gold Mines (TSE) for the six months ended June 30 totalled $2.5 million or $22 cents per share. The results compare with net earnings for the four months ended June 30, 1989, of…
NEWS IN BRIEF Paget Resources Ltd.
Paget Resources Ltd. (PAG: VSE) has changed its name to Peltech Industries Inc. with no consolidation of capital. Transfer agent is Pacific Corporate Services.006…
Hudbay profit down 40% in second quarter
Sharply lower profit was reported in the quarter ended June 30 by Hudson Bay Mining and Smelting (TSE), Canada’s fourth largest producer of copper and zinc. The company said its profit in the second q…
La Sarre Mining arranges financing
A flow-through share financing worth $600,000 is being finalized by La Sarre Mining Exploration (ME) with Valeurs Mobilieres S.M.C. of Quebec. The proceeds will be used to finance an exploration progr…
Anglo has trouble wedging drill hole
Anglo Canadian Mining (TSE) has experienced some difficulties while wedging a second drill hole on its MWF gold property near Timmins, Ont., where Anglo is spending $250,000 to earn a 50% project inte…
Toronto Stock Exchange Indices (August 13, 1990)
Aug. 7 Aug. 6 Aug. 3 Aug. 2 Aug. 1 HIGH LOW Composite “300” 3470.68 Holiday 3516.94 3546.97 3569.15 4009.47 3334.13 Metals & Minerals3189.64 Holiday 3295.38 3350.09 3382.78 3453.06 2850.84 Integrated …
Moss-Power, NAR buy Pickle Lake bets
North American Rare Metals (ME) and Moss-Power Resources (TSE) have agreed to purchase the remaining 41% interest in the Dorothy Lake and Dobie River properties near Pickle Lake, Ont. The interest, cu…
NEWS IN BRIEF Home Lake Resources Ltd.
Home Lake Resources Ltd. (HLAK:COATS) will use $120,663 to complete a zinc evaluation and exploration program on its mineral property in the Saganagons Lake area. The money was raised after 160,350 co…
Golden Triangle McLeod’s home base
Projects in the Golden Triangle of northwestern British Columbia have upstaged star performers in other provinces to become Canada’s hottest plays this summer. Among them is Newhawk Gold Mines’ Sulphu…
Noranda defers Lynne results
Further results from the Lynne project in Wisconsin, where Noranda (TSE) made a major zinc discovery in June, will not be released until Aug. 21, said Walter Nash, director of U.S. exploration. Nash s…