Deak, Kennecott drilling near Kerr
A $1-million exploration program funded by Toronto-based Deak Resources (TSE) and Kennecott Canada has commenced on claims adjoining Deak’s Kerr gold mine and mill at Virginiatown, Ont. Using the unde…
Articles by Northern Miner Staff
Joe Mann output increases, shaft to be deepened 700 ft.
The Joe Mann mine of Campbell Resources (TSE), southwest of Chibougamau, Que., produced 64,100 oz. gold and 1.1 million lb. copper during the first nine months of 1991, the company reports. For the sa…
Queenston, Noront in Shining Tree
Queenston Mining (TSE) and Noront Resources (VSE) have entered into a joint venture to acquire and explore a 31-unit property in Fawcett Twp., near Shining Tree, Ont. The property adjoins the eastern …
Metal Prices (December 09, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 3 Dec 2 Nov 29 Nov 28 Nov 27 Copper 1318-1320 1340-1345 1312-1313 1341-1345 1366…
Galleon options BMR ground
A joint venture to explore the Will property near Clearwater, B.C., was formed between Galleon Mining (VSE) and BMR Gold (TSE). BMR can earn a 100% interest in the property in return for a $5,000 opti…
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…
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.