ME performance improves in 1991
The mining and minerals index of the Montreal Exchange gained by 3.5% in 1991, according to statistics released by the ME. The general market portfolio index performed even better, closing ahead on th…
Articles by Northern Miner Staff
Cominco options Kutcho deposit
While it’s no secret Cominco (TSE) has been eyeing offshore mining opportunities, the Vancouver-based major is also looking in its own backyard for projects with mine-making potential. This company re…
CIM conference focuses on risk
Battle Mountain Gold (TSE) expects to secure financing for the development of its Kori Kollo gold property in Bolivia by the end of the first quarter, says Chairman Karl Elers, a speaker at the sevent…
Arizona Star drilling outlines gold find on Chilean property
Drilling on the Aldebaran property in Chile is reported to have outlined an extensive gold-mineralized stockwork deposit in the Cerro Casale area. Arizona Star Resource (VSE) is earning a 51% interest…
INSIDER TRADING (January 27, 1992)
Malcolm Slack, chairman and driving force behind Deak Resources’ (TSE) effort to establish itself as a profitable producer and custom miller of gold, recently increased his stake in the Toronto-based …
Red Rock drills confirm Mexican project reserves (January 27, 1992)
Australia company Walhalla Mining and 62% owned Red Rock Mining (VSE) say reverse circulation drilling on the Amelia gold property in Mexico has confirmed reserves established by the property’s previo…
PRODUCER PRICES (January 27, 1992)
ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Jan. 2, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADM…
Newmont getting the bugs out of bioleaching
North America’s biggest gold producer, Newmont Gold (NYSE), is planning to introduce bioleaching technology at its Carlin, Nev., operations by 1994, says Chairman and Chief Executive Officer Gordon Pa…
U.S.REPORT (January 27, 1992)
With the acquisition of the Longshot Ridge deposit near Hawthorne, Nev., now complete, Kookaburra Gold (VSE) plans to concentrate on its development. Kookaburra purchased the property from Princeton M…
U.S. REPORT (January 27, 1992)
Assay results were released by Ican Minerals (TSE) from recent reverse circulation drilling on the Racey “porphyry” gold deposit 40 miles south of Baker, Ore. The company owns 100% of the property sin…
Queenston to drill Kirkland West from surface
LAC Minerals (TSE) has returned the strategic Kirkland West claims to owner Queenston Mining (TSE) after spending $2 million in a fruitless search for minable ore. But Queenston Chairman Hugh Harbinso…
Chile to dominate copper production
Chile could account for 32% of the world’s total copper production by the year 2000, according to a study by the Center for Copper Studies (CESCO) which was published here recently. CESCO predicted th…