Articles by Northern Miner Staff

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…


NEWS ROUNDUP (December 09, 1991)

New Legends Metals is commencing exploration on a 295-claim property near Casa Berardi, Que., held by Cross Lake Minerals (VSE) and Glen Auden Resources (TSE). New Legends plans to trace the full exte…


NovaGold buying Pine Cove option

Halifax company NovaGold Resources (TSE) has agreed to acquire International Corona’s (TSE) right to earn a 70% stake in the 2,850-hectare Pine Cove gold property in Newfoundland. Since signing an opt…


Westmin reports quarterly loss

A $10.7-million loss was reported by Westmin Resources (TSE) for its 1991 third quarter ended Sept. 30, a sizable increase over the $3.2-million loss reported for the comparable period a year earlier….



Vancouver Stock Exchange (December 09, 1991)

Both the resource and composite indices finished the week ended Dec. 3 higher. The resource index added more than eight points to close at 516.99, while the composite index finished at 566.35 for a ga…


TORONTO STACK EXCHANGE INDICES

Dec 3 Dec 2 Nov 29 Nov 28 Nov 27 High Low Composite “300” 3453.41 3456.38 3448.51 3436.92 3440.12 4009.47 3009.91 Metals & Minerals 2834.08 2851.27 2846.05 2854.58 2850.03 3453.06 2502.63 Intergrated …


Metall, MIM complete deal

Toronto-based Metall Mining (TSE) has completed the purchase from MIM Holdings of 301,400 A shares and about 3.4 million B (subordinate voting) shares of Teck (TSE), pursuant to a September agreement….


Tyranex hits new zone at Tyranite

Tyranex Gold (CDN) has discovered a second, parallel zone on the northern extension of the former producing Tyranite gold mine in Knight and Tyrell twps., about 12 miles northwest of Gowganda, Ont. Re…


Imperial puts Mount Polley up for auction

Another copper-gold deposit has been put on the block in British Columbia. Imperial Metals (TSE) recently announced it is considering outright vending of 100% of the Mount Polley project northeast of …


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