Alberta Stock Exchange (December 02, 1991)
Once again, Goldhunter Explorations topped the weekly trading list as the company announced an option agreement on its 8-unit property near Shining Tree, Ont. VSE-listed Commonwealth Gold has the righ…
Articles by Northern Miner Staff
Unlisted Trading (December 02, 1991)
Creeping up 10 cents to 85 cents on thin volume during the week ended Nov. 26, Holcorp Mines says it has purchased a 100% interest in the MacArthur property in Lyon Cty., Nev., for US$1.9 million. Hol…
Air prospecting less in demand
The era of airborne geophysics (aero-magnetics and aero-electromagnetics) is far from over but its heyday in Canadian mineral exploration is certainly passed. That time was in the late 1950s to the ea…
U.S. REPORT (December 02, 1991)
The magnitude of the gold mining operations currently taking place on the Carlin Trend properties owned by Newmont Gold (NYSE) northwest of here probably outstrip even the wildest dreams of the geolog…
Geddes more than doubles reserves at Windy Craggy
Having more than doubled reserves at the Windy Craggy project, owner Geddes Resources (TSE) now ranks it as the largest copper and cobalt deposit in Canada, and one of the largest in the world. Locate…
Spot prices at a glance (December 02, 1991)
Weeks Price (US) Change Gold* $366.50 + $3.95 Silver* $ 4.10 + $0.02 Platinum* $367.25 + $1.10 Nickel** $ 3.23 …. Lead** $ 0.23 + $0.00 Copper $ 1.09 + $0.02 Zinc $ 0.53 + $0.01 Courtesy of Scotiaba…
NEWS IN BRIEF (December 02, 1991)
Reymont Gold Mines Ltd. (RMT:ASE) has changed its name to Pallaum Minerals Ltd. (PLM:ASE) with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is National Trust.
Comaplex dispute takes new twist
Almost four years after a Swiss bank acquired 75% of Calgary-based Comaplex Resources (TSE) without adequate disclosure to the Ontario Securities Commission, the complicated case has taken a new twist…
Graphicor suspends graphite project
Suspension of all mining activities at the Diotte graphite property at St. Aime, Lac des Iles, Que., was announced by Graphicor Resources. The company suspended operations because, it said it has been…
Agnico finds new zone at Baker Lake
Exploration on new, Lupin-type targets at the Meadowbank project, 27 miles north of Baker Lake, N.W.T., has confirmed the presence of a new gold-bearing structure stretching for at least 730 ft. along…
Ottawa must hone mining’s competitive edge: Hendrick
How to gain a competitive edge in a climate of continuing globalization was the theme of the ninth annual Mineral Outlook Conference staged here recently. Five hundred delegates heard Mining Associati…
Lassonde tells of Soviet trip
Definitely not bullish on the economic fortunes of the Soviet Union, Franco-Nevada Mining (TSE) President Pierre Lassonde provided an entertaining look at mining in that nation at a recent luncheon of…