Toronto Stock Exchange Indices (March 26, 1990)
Mar. 20 Mar. 19 Mar. 16 Mar. 15 Mar. 14 HIGH LOW Composite “300” 3744.60 3772.13 3760.70 3757.39 3734.63 4009.47 3649.49 Metals & Minerals 3252.39 3287.07 3268.20 3254.57 3175.55 3453.05 2921.03 Integ…
Articles by Northern Miner Staff
Teeshin seeking $15 million to build gold mine
Teeshin Resources (VSE) says it needs at least $15 million to build a 350-ton-per-day gold mining and milling operation at the Dome Mountain project, 23 miles southeast of Smithers, B.C. The company r…
Recorders brace for action when Ontario lifts caution
Ontario’s mining recorders’ offices in Sudbury and Larder Lake have been swamped with calls from individual prospectors since the province announced that part of a Cobalt-area land caution will be lif…
Hemlo, Crude test milling samples from Eagle River
Test milling results are expected by next month for two bulk samples extracted from underground test stopes at the Eagle River joint venture of 60/40 partners Hemlo Gold (TSE) and Central Crude (TSE)….
COATS (over-the-counter) Thunderhead return
Thunderhead Gold Mines, a company that ceased trading in 1983, has since been revived and is actively trading again for the week ended March 20. Thunderhead shares jumped 10 cents to close at $1.15 on…
Bow Valley generates earnings of $25.7 million during 1989
Bow Valley Industries (TSE), the Calgary-based oil and gas company which is developing a high- grade uranium project in Saskatchewan with Denison Mines (TSE), had a profitable year in 1989. Net income…
Alberta Stock Exchange Naxos gains 70 cents
News that Naxos Resources is acquiring an 80% interest in some placer gold properties on Thibert Creek near Dease Lake, B.C., for $725,000 helped boost that company’s share price by 70 cents to close …
Alberta Stock Exchange Gateford doubles
Chromite explorer Gateford Resources saw its share price double to 65 cents on volume of more than a million shares during the week ended Mar 13. Gateford and its private affiliate Canchrome Mines are…
Ungava acquires iron ore deposit
Optimistic about the future of the iron ore market, Ungava Iron Ores, a newly formed private company, has acquired a significant iron ore deposit at Hopes Advance Bay in northern Quebec. The Ungava de…
Delegates enjoy PDAC convention events
An expected shakeout in the exploration business appeared to have little effect on the level of interest in this year’s Prospectors and Developers Association of Canada Convention in Toronto. More tha…
Acadia wins Hecla’s Canadian interests
Having recently elected a new board of directors, Acadia Mineral Ventures (TSE) is entering into an agreement in principle with Hecla Mining (NYSE) whereby Hecla will transfer all of its interest in c…
Metal snips Tenneco expanding soda ash operation
A joint venture will be formed between Tenneco Minerals and Asahi Glass Co. of Japan to acquire Tenneco’s Green River soda ash facility in Wyoming and expand annual production by 600,000 tons, or 48%….