News

Toronto Stock Exchange Indices (September 09, 1991)

Sept 03 Sept 02 Aug 30 Aug 29 Aug 28 High Low Composite “300” 3504.86 HOLIDAY 3517.89 3514.88 3521.28 4009.47 3009.91 Metals & Minerals 3031.96 HOLIDAY 3081.75 3101.42 3116.42 3453.06 2502.63 Integrat…


PRODUCER PRICES (September 09, 1991)

ALUMINUM: MW U.S. market US57.50-58.25 cents per lb. (Aug. 15, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (July 18, 1991). CAD…


Alberta tribe settles land claim

An Indian tribe in Alberta was recently compensated by the federal government in a claim over loss of mineral rights. The Stoney tribe, who lives about 50 km west of Calgary, signed a settlement provi…


Match program unsuccessful

Match Capital Resources (CDN) has called off exploration on its 26-claim property east of Dryden, Ont., after a recent program failed to come up with any significant base or precious metal deposits. T…


Beaufield, Aur set to drill

Drilling on the Mainstreet project in Louvicourt Twp. in northwestern Quebec will commence Sept. 3, property owner Beaufield Resources (TSE) announced. Project operator is Aur Resources (TSE), which h…


Alberta Stock Exchange (September 02, 1991)

Trading lightly during the week ended Aug. 27, Cochise Resources picked up 20 cents to close at $1. Cochise is currently preparing for a helicopter-supported drill program on a 995-sq.-km copper-molyb…


Postal strike

Due to a strike by Canada Post employees, delivery of The Northern Miner to some subscribers may be temporarily disrupted. Delivery to the U.S. and other foreign destinations will not be affected. The…


Spot prices at a glance (September 02, 1991)

Week’s Price (US) Change Gold* $355.30 – $ 0.90 Silver* $ 3.95 + $ 0.02 Platinum*$339.90 – $ 5.60 Nickel**$ 3.56 – $ 0.16 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.03 Zinc $ 0.46 – $ 0.01 Courtesy of S…


Brinco suffers first-half loss

Consolidated Brinco (TSE) recorded a net loss of $958,000 during the first half of 1991 compared with a loss of $671,000 for the same 6-month period last year. A second-quarter loss of $422,000 was re…


Madsen Gold plans study of old Red Lake mine

Bringing the former Madsen gold mine near Red Lake, Ont., back into production after a 15-year absence could be a long and costly process, says James Morlock, president of Toronto-based Madsen Gold (T…


TORONTO STOCK EXCHANGE INDICES (September 02, 1991)

Aug 27 Aug 26 Aug 23 Aug 22 Aug 21 High Low Composite “300” 3517.74 3532.00 3532.06 3517.15 3512.03 4009.47 3009.91 Metals & Minerals3111.10 3127.48 3121.18 3042.39 3037.50 3453.06 2502.63 Integrated …


U.S. REPORT (September 02, 1991)

Ongoing delineation drilling and engineering by USMX (NASDAQ) is reported to have nearly doubled minable gold reserves at the Yankee project, 65 miles northwest of Ely, Nev. With proven minable reserv…


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