Spot prices at a glance (October 21, 1991)
Week’s Price (US) Change Gold* $356.40 – $1.20 Silver* $ 4.05 – $0.03 Platinum* $365.75 + $9.00 Nickel** $ 3.35 – $0.07 Lead** $ 0.23 – 0.01 Copper $ 1.07 – 0.01 Zinc $ 0.44 – 0.01 Courtesy of Scotiab…
Articles by Northern Miner Staff
Cal Graphite sells Sudbury property
Graphite producer Cal Graphite (VSE) reported selling its Sudbury, Ont., property that was acquired for chemical upgrading of its graphite production. The company, which mines graphite in central Onta…
Kookaburra adds to Santa Fe
A recently signed letter of intent could result in Kookaburra Gold (VSE) acquiring a group of claims adjacent to its Santa Fe South property near Hawthorne, Nev., from Princeton Mining (TSE). The agre…
Flett to explain Billiton’s role in Canada, worldwide
Andrew Flett, president of Billiton Metals Canada since July, 1990, will speak at a luncheon meeting at Toronto’s Royal York Hotel on Oct. 24. It is held by the Toronto branch of the Canadian Institut…
PNG road show tries to ease investors’ fears
Porgera, Misima, Lihir and Ok Tedi are heavyweights among the world’s gold producers, or will soon be. As well, Kutubu and Hides are on the verge of making the same mark in hydrocarbons. These mining …
Coeur d’Alene wins $50,000
Idaho-based Coeur d’Alene Mines recently won the first Du Pont/Conoco Environmental Leadership Award for environmental excellence in the U.S. metals mining industry. This year seven companies were nom…
Eastmaque closing tailings project
Eastmaque Gold (TSE) has elected to close its Kirkland Lake, Ont., gold tailings reclamation and recovery project after extracting about 12,500 oz. this year. While the 19,865 oz. recovered from the p…
Morrison selling Aerodat interest
Subject to regulatory and shareholder approval, Morrison Minerals (TSE) plans to sell its shares in Aerodat Ltd., a private company in the airborne geophysical service industry, to Geonex Ltd. Morriso…
Rayrock buys 20% of New Canamin
Intrigued by New Canamin Resources’ (VSE) recently acquired copper porphyry plays in central British Columbia, Rayrock Yellowknife Resources (TSE) has purchased, through a private placement, 600,000 s…
Durga writes off exploration costs
Durga Resources (ASE) has written off $1.9 million in deferred exploration expenditures for the fiscal year ended March 31. More than half of the writeoff expense is attributed to Durga’s gold prospec…
Belmoral gets $2 m refundable credit
Toronto-based Belmoral Mines (TSE) recently received an assessment notice from the Quebec Ministry of Natural Resources relating to provincial mining duties. Belmoral is scheduled to receive a $2.2-mi…
Fate of syndicate formed in 1927 clouds Holloway ownership picture
Members of a 64-year-old syndicate are beginning to crawl out of the woodwork as the value of the Teddy Bear Valley Mines’ (CDN) 18-claim property near Matheson, Ont., becomes apparent. The Teddy Bear…