Mink to explore for gold in Mali
Vancouver-based Mink Mineral Resources (VSE) is preparing to explore a 400-sq.-km concession in Mali after signing a joint venture deal with the government of the West African republic. Mink Resources…
Articles by Northern Miner Staff
EDITORIAL PAGE (December 09, 1991)
When it comes to developing our mineral wealth, those entrusted with the responsibility of making decisions for the public good sometimes have to weigh between economic development and wilderness pres…
Mineral reserves on the decline says MAC chairman
Delegates to the recent Mineral Outlook Conference here were told that everyone is seeking a competitive edge. “However, in today’s world, any such edge is temporary,” said Keith Hendrick, chairman of…
Teddy Bear ousts chairman to attract Canadian investors
Shaken by a lawsuit and recent inquiries from the Ontario Securities Commission (OSC), Teddy Bear Valley Mines (CDN) has replaced long-time chairman Ross Hofmann with Jack Riddell, a director of the c…
Wait for assays sends Fort Knox on frantic ride
Speculation over a second batch of results from Fort Knox Gold Resources’ (TSE) base metal play in Fawcett Twp., near Shining Tree, Ont., boosted the stock over the $3 mark during the first week of De…
Dundee shares
The chairman of Dundee Bancorp (TSE), Ned Goodman, recently increased his interest in the company by acquiring 60,985 B common shares. Goodman now owns or controls 615,277 B common shares and 116,711 …
PEOPLE (December 02, 1991)
W. Zinn appointed president and director.
FINANCING (December 02, 1991)
S.M.A. Resources Ltd – 920,000 shs offered @ 25 cents per sh, also 280,000 flow-through shs offered @ 25 cents per sh. Even Resources Ltd – 675,000 shs offered @ 35 cents per sh. Timmax Resource Corp …
GOLD FUNDS (December 02, 1991)
BGR Central Net Value $8.72 $5.06 Price $8.00 $4.750 Discount 8.20% 6.1% Value $51,889,000 $79,915,425…
Audrey talking with Billiton Metals
Audrey Resources (TSE) of Rouyn-Noranda, Que., has resumed discussions with Royal Dutch/Shell Group subsidiary Billiton Metals Canada regarding the sale of its Mobrun polymetallic mine assets. Audrey,…
TSE INDICES (December 02, 1991)
Nov 26 Nov 25 Nov 22 Nov 21 Nov 20 High Low Composite 300″ 3448.32 3443.47 3451.91 3493.12 3501.72 4009.47 3009.91 Metals & Minerals 2892.05 2901.46 2915.10 2950.69 2946.82 3453.06 2502.63 Integrated …
NEWS ROUNDUP (December 02, 1991)
Under a recent joint venture agreement between Bigstone Minerals (VSE) and Asarco Exploration of Canada, Bigstone has the option to earn a 51% interest in 42 units in Fawcett and MacMurchy twps., near…