Property deal by Vior, Inco
Quebec City-based Societe d’Exploration Miniere Vior (ME) and Inco (TSE) have negotiated a deal which will see Vior expand its gold property portfolio and Inco increase its interest in the junior. The…
Articles by Northern Miner Staff
PEOPLE (November 04, 1991)
Paul Reinhart appointed to the board.
Quilchena play
A 50% owned affiliate of Laramide Resources (TSE), private company Quilchena Resources, reports the completion of surface work and the drilling of three holes on porphyry copper-gold property near Asp…
EDITORIAL PAGE (November 04, 1991)
A recent report on Canadian competitiveness by Harvard professor Michael Porter cites this country’s reliance on natural resources as one of the country’s economic problems. Prosperity has come easily…
TSE Short Positions (October 28, 1991)
Semi-monthly reports as of October 15, showed 21,518,619 shares of 580 issues compared with 21,525,116 shares of 590 issues on September 30 Larger individual positions included: Alliance Res. 0, down …
Vancouver Stock Exchange (October 28, 1991)
The market managed to reverse its downtrend during the week ended Oct. 22, with the resource index gaining 13.49 points to finish at 510.81 and the composite index closing up 3.54 points at 556.96. Sp…
Matachewan awaits day in court
Matachewan Consolidated Mines (TSE) is looking forward to its day in court after the Ontario Ministry of the Environment laid criminal charges against the junior company and two of its officers. Crimi…
Proposals threaten uranium mines
New radiation exposure limits proposed by the Atomic Energy Control Board (AECB) threaten to close some of Canada’s existing underground uranium mines and prevent the development of new ones, says Tim…
Metall shuffles mining interests
German mining giant Metallgesellschaft AG recently announced a $195-million transaction designed to streamline its holdings in North America and Australia. Through its 59.3% owned Toronto subsidiary M…
Timmins Nickel mulling option on Redstone mine
Barring an unforeseen nickel rally, Timmins Nickel (TSE) will not exercise an option to purchase BHP-Utah’s 49% interest in the Redstone mine near Timmins, Ont. The owner of a 51% stake in Redstone, T…
Weak prices hurt Inco earnings
Lower third-quarter earnings reflect weaker nickel markets and increased unit production costs at its Canadian operations, Inco (TSE) said. The nickel giant recorded third-quarter earnings of US$4.5 m…
PEOPLE (October 28, 1991)
Dan MacIsaac appointed senior vice-president.