METAL PRICES (November 11, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 Copper 1348-1349 1343-1344 1359-1360 1377-1378 1377-…
Articles by Northern Miner Staff
FUTURES PRICES (November 11, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 107.00 106.80 106.80 – 1.60 Dec 107.20 106.30 106.55 – 1.30 Feb 104.70 104.70 104.70 …. SILVER (in US cents…
Landmark selling 49% of Dominion
Toronto-based Landmark Corp. has been given the green light to sell a 49% stake in Dominion Explorers (TSE) to a privately owned affiliate of Calgary company Aeonian Capital. Subject to regulatory app…
Prospector Larche recovering from Aug. 7 plane crash
Timmins prospector John Larche was in Toronto recently while travelling to Florida to recuperate from an Aug. 7 plane crash near High Level, Alta. Harris Hanson of Kirkland Lake, a close friend and pa…
Soocana split
Shareholders of Soocana Explorations (ASE) approved a 2-for-1-share split, the company says. Soocana is planning a rights offering, subject to regulatory approval, designed to raise finds for an explo…
Kenora band to manage sand, gravel works
The Rat Portage First Nation near Kenora, Ont., recently took over management of its sand and gravel resources after signing a 5-year agreement with the federal government. The Indian band established…
BHP, Dia search for diamonds
Drilling at the Point Lake diamond exploration project in the Northwest Territories intersected host-rock kimberlite from 140 metres to 280 metres (the end of the hole), joint venture partners BHP-Uta…
All six holes cut sulphides at Lockwood near Seattle
Since taking on the Lockwood project 30 miles from Seattle, Wash., a unit of Kennecott has drilled six holes on the Hole 8 zone discovery with all of the holes intersecting polymetallic massive sulphi…
FINANCING (November 11, 1991)
North Slope Minerals Inc – 1,250,000 shs offered @ 25 per sh. Founder Resources Inc – 910,000 units consisting of 1 sh and 1/2 wt offered @ 45 cents per unit. Toltec Resources Ltd – 1,000,000 units co…
Taseko Mines looking for buyer
With this year’s 9-hole drilling program on the Fish Lake deposit near Williams Lake, B.C., complete, Taseko Mines (VSE) is searching for a buyer. Taseko is the operator of the project under a 3-year …
Wheaton River to sell stake in Yukon project
Wheaton River Minerals (TSE) is negotiating to sell a portion of its wholly owned Mount Skukum gold project as a way of raising the $4.5 million needed to bring the Yukon project into production. As W…
Loki ups reserves estimate at Brewery Creek project
The Brewery Creek gold project near Dawson, Yukon, is now reported to contain preliminary reserves in nine shallow deposits totalling about 16.5 million tons (diluted) at an average grade of 0.054 oz….