Ego drill results spark trading spree
A recent trading spree involving the shares of Ego Resources (TSE) has been attributed by the company to drill results released this week from its BB Lake zin c property in the Northwest Territories….
Articles by Northern Miner Staff
Gold/copper values encourage Fancamp
A copper/gold discovery, which may be related geologically to some of the established producers in the Chibougamau, Que., region, was reported re cently on Fan camp Resources’ (VSE) Lemoine Twp. claim…
METAL PRICES PRODUCER PRICES (September 11, 1989)
ALUMINUM: MW U.S. Market US82.00 cents – 84.00 cents per lb. (Aug 24, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.70-$4.85(US) per lb. (A…
People (September 11, 1989)
HALLEY RESOURCES — Roy R. Brown appointed chairman of the board; John F. McIntyre appointed president. ATLAS CORP. — Raymond S. Troubh elected to the board of directors. SOUTHLANDS MINING CORP. — D…
Louvem seeking $83 million in damages from partner Aur
Just as they were preparing to go home for the recent Labor Day long weekend, employees at Aur Resources’ (TSE) Val d’Or, Que. exploration office found themse lves facing a law suit from Societe Minie…
INSIDER TRADES (September 11, 1989)
Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…
Ministers can’t guarantee MDAs
The future of Mineral Development Agreements (MDAs) is far from assured following the 46th annual Mines Ministers conference held here recently. Federal Mines Minister Jake Epp, who co-chaired the con…
Cross Lake, Teck in joint venture
Cross Lake Minerals (VSE) and Golden Dragon Resources (VSE) have signed a joint venture agreement with Teck Corp. (TSE) involving the junior comp anies’ Wilhel mina nickel property near Timmins, Ont. …
Lencourt seeks financing for African acquisition
Since signing an option agreement to acquire a mining company in Zaire, Africa , Lencourt Ltd (TSE) has been working to complete a due diligence examination of the company’s assets and to arrange the …
International meet on biohydromet
An international symposium on biohydrometallurgy, jointly sponsored by the United States Department of Energy and canmet, was staged recently in J ackson Hole, Wy. Some 278 registrants participated fr…
IOCC GOLD OPTIONS (September 11, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .48011.002,298 Nov 390 C .1353.002,279 Nov 400 C .2731.502,296 Nov 420 C .2650.50 703 Nov 440 C * 69 0.60 861 Feb 370 C * 7314.00 81 Feb 380 C * 5810…
Cominco boosts zinc awareness
As one of the world’s largest suppliers of zinc ore and zinc metal, Cominco Ltd. has launched a new campaign to promote zinc awarene ss among Cana dians. The company said a recent survey found that ou…