Silver Butte launches lawsuit
Ownership of a portion of the SB gold property near Stewart, B.C., is being challenged by Silver Butte Resources (VSE) in a lawsuit filed in the Supreme Court of British Columbia against Esso Resource…
Articles by Northern Miner Staff
Col program under review
This season’s drilling on the Col copper project in the Mount Milligan area northwest of Prince George, B.C., returned intersections ranging from 0.20% to 0.66% copper over narrow widths (10-20 ft.). …
Alberta Stock Exchange (November 11, 1991)
Goldhunter Explorations continued to ride on the coattails of Fort Knox Gold, the TSE-traded explorer that is breathing life into the beleaguered junior mining market. Trading over one million shares …
GOLD FUNDS (November 11, 1991)
BGR Central Net Value $8.35 $4.94 Price $7.88 $4.400 Discount 5.71% 10.9% Value $49,729,085 $74,026,920…
TORONTO STOCK EXCHANGE INDICES (November 11, 1991)
Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 High Low Composite “300” 3525.71 3511.77 3512.58 3515.76 3497.60 4009.47 3009.91 Metals & Minerals 3056.02 3031.54 3013.57 3038.01 3004.25 3453.06 2502.63 Intergrated M…
Vior planning private placement
A private placement worth $212,500-500,000 is being planned by Societe d’Exploration Miniere Vior (ME) of Quebec City. Offering to subscribe to a minimum of $100,000 and a maximum of $125,000 is the Q…
Prime land forbidden during talks
Although the Teme-Augama Anishnabai band has relinquished its interest in four townships surrounding Temagami and Elk Lake, Ont., the provincial government has not yet reopened the area to claimstaker…
Highland Valley in strike position
Highland Valley Copper, owned 50% by Cominco (TSE), 33.6% by Rio Algom (TSE), 13.9% by Teck (TSE), and 2.5% by Highmont Mining, has been facing the possibility of a strike since September when the uni…
Preliminary Spectrum reserve estimate
A reserve estimate was released by Columbia Gold Mines (VSE) and Eurus Resource (VSE) for the Spectrum gold project in the north Iskut region of British Columbia. The project is operated by Columbia, …
Management at Brunswick launches cost-cutting effort
Management at Brunswick Mining and Smelting’s (TSE) No 12. mine is struggling to control costs in the aftermath of a 10-month strike that decimated the company’s balance sheet and knocked the wind out…
Noranda hit by forestry loss
A $20-million loss within its forestry division helped to put Toronto-based Noranda (TSE) firmly in the red during the recent third quarter. After deductions for preferred share dividends, Noranda rep…
U.S. REPORT (November 11, 1991)
Less than five months after the official opening the Van Stone zinc-lead mine in northeastern Washington, Equinox Resources (TSE) has been forced to suspend operations because of low zinc prices. The …