Inco options Queen Charlotte properties
A recent option agreement with Doromin Resources (VSE) gives Inco (TSE) the right to explore a number of polymetallic properties held by Doromin on the Queen Charlotte Islands of western British Colum…
Articles by Northern Miner Staff
Gold price volatility fades as industry matures, says study
The global gold market is “a solid, vital industry” which has reached a mature state, says Metal Market Consultants of Lakewood, Colo., in Gold Situation 1991. The consulting company, in its fifth ann…
Dromedary to earn La Choya interest
An option to buy the La Choya gold project in Mexico was recently acquired by Hecla Mining (NYSE). Should Hecla decide to place the property into production, Dromedary Exploration (VSE) has the right …
PRODUCER PRICES (December 09, 1991)
ALUMINUM: MW U.S. market US51.25-51.75 cents per lb. (Nov. 26, 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…
Alberta Stock Exchange (December 09, 1991)
With three option agreements in hand, Goldhunter took off during the week ended Dec 3., gaining 20 cents to close at 46 cents. Goldhunter, which holds property on the western and northern boundaries o…
Crown Jewel deposit outlined
The recent stepout drilling program on the Crown Jewel property in northeastern Washington state has essentially outlined the limits of the deposit, and a new reserve estimate is currently being calcu…
INSIDER TRADING (December 09, 1991)
TVX Gold directors Fernando Cabral Silva and Nigel Lees took the opportunity recently to reduce their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin…
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Halifax-based NovaGold Resources (TSE) expects to begin a second drill program on its base metal property in the California Lake area of northeastern New Brunswick after receiving results from the fir…
Cobalt Revisited
Cobalt, Ont., the cradle of Canada’s mining industry, has provided the backdrop for Jessica, a novel which depicts life at the turn of the century. Jessica was a nurse among the miners, bushwhackers, …
LETTERS TO THE EDITOR (December 09, 1991)
Regarding the editorial “When Ottawa sells gold” (T.N.M., Nov. 18/91), I find it difficult to understand how it is in the best interest of the country to be dumping our gold reserves on world markets …
EARTH magazine focuses on planet
A new magazine aimed at promoting understanding of the Earth was recently launched by Kalmbach Publishing Co. of Wisconsin. Titled EARTH, the magazine focuses on the geology and evolution of the plane…
Victor faces challenge of deep mining
The announcement by Inco (TSE) of a major nickel-copper find at Victor in northern Ontario raises a couple of big questions. At 8,000-8,500 ft. below surface in the highly stressed rocks of the Sudbur…