EDITORIAL PAGE (January 27, 1992)
Ontario Hydro’s reversal on plans for nuclear power generation over the next 25 years is a shameful twisting of the provincial Crown corporation’s mandate for political purposes. The utility’s recent …
Articles by Northern Miner Staff
TSE Short Positions (January 27, 1992)
Semi-monthly reports as of January 15, showed 20,679,088 shares of 600 issues compared with 22,923,428 shares of 572 issues on December 31. Larger individual positions included: Amax Gold 39,431, down…
Gold values intersected at Newton
Trenching on the Newton property southwest of Williams Lake, B.C., returned a number of gold values for joint venture partners Verdstone Gold (VSE) and Rea Gold (TSE). The property is about 24 miles n…
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…
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…