Montreal Exchange More legal action
Mixed results highlighted a holiday-shortened trading week, with the market portfolio gaining almost 9 pts and the mining and minerals index droppi ng almost 8 pts. Daily volumes were consistent, rang…
Articles by Northern Miner Staff
Mutual has results from Dixie Lake bet
Assay results have been released by Mutual Resources (VSE) from recent drilling on the Dixie Lake gold property 15 miles south of Red Lake, On t. The 141-claim property is centred on a gold-bearing ir…
Cassandra in Unuk play
Cassandra Resources (VSE) has acquired a gold prospect in the Unuk River area of northwestern British Columbia. Located two miles from the Eskay Creek gold d iscovery made by partners Calpine Resource…
FUTURES PRICES (September 11, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep130.50 127.70 128.30 + 0.30 Oct– — 127.40 + 0.80 Dec127.50 123.80 124.50 + …
Toronto Stock Exchange Indices (September 11, 1989)
Sept 5 Sept 4 Sept 1 Aug 31 Aug 30 HIGH LOW Composite “300”3998.83 Holiday4014.56401 0.184009.114019.623353.13 Metals & Minerals3860.47Holiday3919.203911.483910.773919.203207.50 Integrated mines4051.9…
Structural changes
“Rationalizing” was a well-used term in the mid-1980s when mining companies were losing money by the skip-load and drastic measures were needed to stay in b usiness. Rationalizing was the response to …
Metal Prices FREE MARKET (September 11, 1989)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 5 Sept 4 Sept 1 Aug 31 Aug 30 Copper 1915-1917 …
Dumagami shareholder vows to fight Agnico share swap
Third-quarter results released recently by Dumagami Mines (TSE) have convinced a Montreal-based shareholder of Dumagami that the terms of a proposed merger wi th Agnico-Eagle Mines (TSE) do not repr…
High frontier busy with Arizona play
High Frontier Resources (VSE) is planning an exploration program on the Uno gold property in Mohave Cty, Arizona. The company is planning a 5,000-f t reverse c irculation drill program which will test…
Pezim group corrects
The VSE enjoyed yet another lively week of trading activity, thanks to the momentum generated by Murray Pezim’s Calpine Resources and spectacular assay result s from the Eskay Creek gold project in n…
Noranda completes Louvem share deal
Societe Miniere Louvem (TSE) and St. Genevieve Resources (TSE) recently completed an agreement with Noranda Minerals, a unit of Noranda Inc. (T SE), whereby No randa has purchased 800,000 Louvem commo…
Gold showing in Gaspe area
Three prospectors using funds supplied through a joint federal- Quebec government program have uncovered a gold showing in the Gaspe region. Samples from the St-Andre de Restigouche find, near Mataped…