BHP, Dia search for diamonds
Drilling at the Point Lake diamond exploration project in the Northwest Territories intersected host-rock kimberlite from 140 metres to 280 metres (the end of the hole), joint venture partners BHP-Uta…
News
Toronto Stock Exchange (November 11, 1991)
Happy shareholders of Fort Knox Gold (TSE) were reminded during the week ended Nov. 5 of some of the more spectacular stock price rallies of recent mining history. While intersections from Fort Knox’s…
Alberta Stock Exchange (November 11, 1991)
Goldhunter Explorations continued to ride on the coattails of Fort Knox Gold, the TSE-traded explorer that is breathing life into the beleaguered junior mining market. Trading over one million shares …
Federal-provincial agreement to benefit northern Ontario
With mining revenues down and prospecting activities barely a shadow of what they might be, the governments of Canada and of Ontario have injected $95 million into the Northern Ontario Development Agr…
PDAC Perspectives (November 11, 1991)
Native issues are rapidly rising to the top of the list of priorities for the federal, provincial and territorial governments of Canada. They could even eclipse environmental priorities which have dom…
Vancouver Stock Exchange (November 11, 1991)
The month of October returned the best trading performance of the Vancouver Stock Exchange in more than a year, with volume up 5% from September and 23% from the same period last year. The value of sh…
NEWS IN BRIEF (November 11, 1991)
Vero Resources (ASE) has optioned its 25% interest in the Dee-J and Dee-South gold prospects in Nevada to BHP-Utah Minerals. The junior has also entered into a joint venture agreement with Golden Rege…
Spot prices at a glance (November 11, 1991)
Week’s Price (US) Change Gold* $354.40 – $5.40 Silver* $ 4.07 – $0.04 Platinum* $362.25 – $0.75 Nickel** $ 3.34 – $0.03 Lead** $ 0.23 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.45 …. Courtesy of Scotiab…
EDITORIAL PAGE (November 11, 1991)
It’s easy to forget just how much mining contributes to the general economy because so much of mining’s benefits are felt in remote areas. The money individual mines pump into their local communities …
LETTERS TO THE EDITOR (November 11, 1991)
After reading “The facade of Soviet mining,” an excerpt from a paper by Pierre Lassonde (T.N.M., Oct. 21/91), I was disappointed that The Northern Miner could not do any better on the topic of Soviet …
Fort Knox play reminiscent of market activity in the ’80s
It was just like the good old days — back in the mid-1980s — when a successful run on the junior mining market could finance a new Porsche or pay down part of the mortgage. Those who had seen their …
Unlisted Trading (November 11, 1991)
Trading almost 1.5 million shares during the week ended Nov. 5, Willingdon Resources says it has reached an agreement in principle to merge with Sandy K Mines, owner of a high-grade silver-cobalt prop…