Encouraging values on Goldfield ground
Joint venture partners Sutton Resource (VSE) and Crown Resources (VSE) intersected a number of gold values during a recent drilling program on the Goldfield project in Nevada. The results included a 6…
Articles by Northern Miner Staff
Mt. Milligan decision delayed
It could be a month or more before Placer Dome (TSE) announces a decision on whether it will proceed with mine development at the Mt. Milligan gold-copper project north of Prince George, B.C. The comp…
Canadian Mining Hall of Fame inducts eight
The names of the eight individuals who will be inducted Jan. 6 into The Canadian Mining Hall of Fame were announced recently by the Hall’s board of directors. The eight inductees were chosen from a no…
TSE Short Positions (December 30, 1991)
Semi-monthly reports as of December 15, showed 21,116,306 issues compared with 20,784,137 shares of 596 issues on November 30. Larger individual positions included: Amax Gold 252,800, up 37,100; Amer….
Second man faces insider charges
The son of an employee of Cambior (TSE) has had insider charges filed against him by the Quebec Securities Commission (QSC). The charges against Donald Ouellet relate to alleged use of insider informa…
Gold Funds (December 30, 1991)
BGR Central Net Value $8.13 $5.00 Price $7.50 $4.500 Discount 7.74% 10.0 Value $48,403,000 $75,709,350…
Crown Butte ups gold content at 100% owned New World
An updated preliminary reserve estimate was released by Crown Butte Resources (TSE) for its 100% owned New World gold-silver-copper project in Park Cty., Mont. The advanced project is being explored a…
Phelps Dodge, Canyon report find
Partners Phelps Dodge (NYSE) and Canyon Resources (NASDAQ) recently initiated metallurgical, engineering and environmental studies to evaluate the economic potential of a significant gold discovery ma…
Toronto Stock Exchange Indices (December 30, 1991)
Dec 23 Dec 20 Dec 19 Dec 18 High Low Composite “300” 3378.15 3340.85 3326.09 3332.62 4009.47 3009.91 Metals & Minerals 2771.19 2750.30 2715.90 2720.06 3453.06 2502.63 Intergrated Mines 2968.03 2942.45…
Ariel mines gold vein in Costa Rica
Without attracting much attention in North America, Vancouver junior Ariel Resources (VSE) has successfully operated Costa Rica’s only “substantial” gold producer for the past four years. Situated on …
Recapturing the `lost art’ of narrow vein mining
Narrow vein mining. Something our fathers knew a great deal about but very nearly a lost art today. To help remedy the deficiency, the Quebec Mining Association (QMA) recently sponsored a “narrow vein…
PRODUCER PRICES (December 30, 1991)
ALUMINUM: MW U.S. market US50.00-50.75 cents per lb. (Dec. 12, 1991). 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). CAD…