WisCan into Shining Tree area
WisCan Resources (TSE) has acquired two blocks of claims in Churchill Twp., near Shining Tree, Ont. The claim blocks lie along the regional geological trend which hosts the Fort Knox discoveries five …
News
TORONTO STOCK EXCHANGE INDICES (February 17, 1992)
Feb 11 Feb 10 Feb 7 Feb 6 Feb 5 High Low Composite 300 3597.85 3608.50 3596.33 3606.70 3605.85 4009.47 3009.91 Metals & Minerals3031.08 3037.21 3005.25 2998.11 2984.43 3453.06 2502.63 Integrated Mines…
Year-old service offers independent stock analyses
Investors looking for a thorough analysis of stocks are usually left with two choices — their own research or the analysis of a brokerage firm. The time involved in stock analysis, however, has usual…
Low metal prices help push commodity index into decline
A decline in metal and mineral prices, as well as forest product and oil and gas prices, offset a large increase in agricultural prices and pushed the commodity price index of Scotiabank down slightly…
Skyline suffers further loss with Johnny Mountain closed
A net loss of $4.6 million was reported by Skyline Gold (TSE) for 1991, compared with a loss of $46.1 million in 1990 which includes writedowns of $31.4 million for mining properties and $9.3 million …
Telfer to address CIM luncheon
Guest speaker at the Feb. 20 luncheon of the Canadian Institute of Mining, Metallurgy and Petroleum, Toronto branch, will be Ian Telfer, Executive Vice-President of gold producer TVX Gold. Telfer’s to…
Queenston takes control of Thermal
Queenston Mining (TSE) has signed a letter of intent to purchase 30.5%, or 3.5 million shares, of Thermal Exploration (ASE) at 35 cents per share. Thermal has a 50% interest in the Williams Creek copp…
Correction (February 17, 1992)
“U.N. Earth Summit” (T.N.M., Jan. 20/92) incorrectly identified Kenneth McCready of TransAlta Utilities as spokesman for Canada’s mining industry at the June, 1992, United Nations Conference on Enviro…
LETTERS TO THE EDITOR (February 17, 1992)
Every week I read The Northern Miner hoping to see a change in the stability of the mining industry, and yet it never comes. The articles describing the bickering between the provincial and federal go…
Miller’s Musings (February 17, 1992)
Times are tough in Canada. Not only is the economy stalled in a recession, but even when the recovery comes, we will have to find our way in a global village where the street signs keep changing. To c…
Minnova moves three drills on to Benoit property
A third drill rig has been added to the Benoit gold project in the Quevillon area northeast of Rouyn, Que., where Freewest Resources (TSE) made a significant gold discovery last winter. Two of the rig…
NEWS ROUNDUP (February 17, 1992)
P.T. Inco, Inco’s (TSE) Indonesian division, produced a record amount of nickel in matte during 1991 75.9 million lb. compared with 59.6 million lb. in 1990. But despite the production increase, P.T. …