Tieman takes MNR assignment
The Ontario Ministry of Natural Resources (MNR) recently took on former Ontario Mining and Lands Commissioner Dennis Tieman for a special assignment. Tieman, who was appointed commissioner in 1990, wi…
Articles by Northern Miner Staff
Spot prices at a glance (February 17, 1992)
Week’s Price (US) Change Gold* $356.35 + $1.40 Silver* $ 4.20 + $0.03 Platinum* $367.50 + $9.25 Nickel** $ 3.51 + $0.04 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.50 – $0.02 Courtesy of Scotia…
FUTURES PRICES (February 17, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 99.10 98.50 98.50 + 1.35 Mar 99.15 98.25 98.60 + 1.05 May 98.70 97.90 98.15 + 0.65 SILVER (in US cents per oz…
Western Quebec drills Dubuisson
Two drill rigs are active on the Dubuisson East gold property in the Val d’Or, Que., area, Western Quebec Mines (TSE) reports. Western, which optioned the property from Republic Goldfields (VSE), is t…
Minnova moves rigs to Rouyn
Toronto-based Minnova (TSE) is moving two rigs on to the Golden Briar (Flag) property in Rouyn and Beauchastel twps., Que., to test for deep mineralized structures. The scheduled program, which consis…
EDITORIAL PAGE (February 17, 1992)
“In Sudbury we visited Inco, a company that has made great progress in rehabilitation in recent years. They have a very simple but effective program for returning injured workers to employment as quic…
Unlisted Trading (February 17, 1992)
Continuing to trade actively, Pelangio-Larder Mines gained another 3 cents to close at 60 cents during the week ended Feb. 11. The company has acquired an option on 12 claims in Hurdman Twp., Ont., ab…
Mt. Milligan decision threatens property market
Junior companies seeking to vend copper-gold porphyry projects to senior companies may face a tougher marketing challenge now that Placer Dome (TSE) has written off its $266-million investment in the …
Teck drilling Dufresnoy play
A 4-hole drilling program is under way on the BarryOr property in Barry Twp., 180 km northeast of Val d’Or, Que., Dufresnoy, Societe d’Exploration Miniere (ME) reports. Program operator Teck (TSE) may…
Vior drilling hints at third zone on Douay property
A couple of new discoveries have been announced by Societe d’Exploration Miniere Vior (ME) at its Douay gold project northeast of Joutel, Que., in Quebec’s Casa Berardi area. Three drill rigs are at w…
Pelangio options Hurdman property
Pelangio-Larder Mines (CDN) is gearing up for exploration on a 12-claim property, two miles northeast of the Noront Resources (VSE) and Galico Resources (VSE) zinc discovery in Hurdman Twp., northeast…
Deak Resources wins $800,000 loan
The Northern Ontario Heritage fund has agreed to loan Deak Resources (TSE) an additional $800,000 for modifications at the company’s gold mill near Virginiatown, Ont. To date, the first phase of rehab…