Royal Oak, Falco cut copper, zinc
A $4-million exploration drive by Falconbridge on Royal Oak Mines’ (TSE) base metal property 20 miles west of Sudbury, Ont., has turned up encouraging mineralization almost two miles away from a known…
Articles by Northern Miner Staff
High grades from Gap zone
Ongoing drilling by Westmin Resources (TSE) is continuing to return high-grade results from the Gap zone discovery area on the Myra Falls mine property near Campbell River, B.C..T The latest hole, 15-…
Montreal Exchange (November 11, 1991)
Maintaining its trading momentum during the week ended Nov. 5 was Societe d’Exploration Miniere Vior, which announced plans to raise up to $500,000 through a private placement. The proceeds will be us…
PRODUCER PRICES (November 11, 1991)
ALUMINUM: MW U.S. market US54.75-55.50 cents per lb. (Oct. 24, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
Uranium mine in Nebraska opens using in situ leaching
Owners of the Crow Butte uranium mine joined their guests for a tour of operations and a country-style celebration to mark the Oct. 17 official opening of the mine, four miles from this prairie commun…
Cominco cuts zinc production
Cominco (TSE) announced it will be operating its zinc refinery at Trail, B.C., at 90% of its 300,000-ton-per-year capacity. The company also announced that further cutbacks would be considered, “if wo…
Noront to drill promising projects
Although finding it difficult to raise money these days, “one way or another” Noront Resources (VSE) is determined to proceed with drilling on three of its better-looking projects, President Richard N…
Cameco files final prospectus
Saskatoon-based Cameco (TSE) has filed a final prospectus for a secondary share issue. The secondary issue includes 5.33 million common shares of Cameco held by the Saskatchewan Mining Development Cor…
Gays River mine, mill up for sale
Westminer Canada has put its Gays River lead-zinc mine and mill in Nova Scotia up for sale following a 2-year attempt to solve water problems at the underground operation. “It’s a bit small for us,” s…
PROFILE (November 04, 1991)
In recent decades, the University of Toronto has produced some of Canada’s leading geophysicists, Duncan Crone among them. President of Crone Geophysics & Exploration, he is best known as a pioneer of…
FINANCING (November 04, 1991)
Coral Gold Corp. — 8000,000 shs offered @ 17 cents per sh.
OBITUARY (November 04, 1991)
Well-known prospector William Storie died suddenly on his claim at Snow Creek near Cassiar, B.C. He was 82. At 21, Storie began his career, prospecting for Crown Point Mining. He then worked as an ind…