U.S. REPORT (October 28, 1991)
Drilling on the Gibbs property in Mariposa Cty., Calif., continues to return high-grade gold intersections for owners Dessir Resources (VSE) and A.T.& E. Mining. Dessir is earning a 50% interest in th…
Articles by Northern Miner Staff
Echo Bay makes oddlot’ offer
Gold producer Echo Bay Mines (TSE) announced a program under which shareholders owning “oddlots” of the company’s stock (fewer shares than a board lot of 100 shares) may either sell their shares or pu…
Cheni considers suspending Lawyers
The recent downgrading of reserves at the Lawyers mine in north-central British Columbia, coupled with low gold and silver prices, has prompted Cheni Gold Mines (TSE) to consider suspending mining ope…
Unlisted Trading (October 28, 1991)
Encouraging results from Fortune Minerals’ 100% owned Robin claims, 100 km northwest of Yellowknife, N.W.T., were released one day too late to affect the market for the week ended Oct. 22. Fortune say…
OBITUARY (October 28, 1991)
Noted prospector William Knox, founder of TSE-listed Fort Knox Gold, died recently in Toronto. He was 75. Knox is best known for his involvement in tantalum-columbium discoveries at Oka, Que., and bas…
Spot prices at a glance (October 28, 1991)
Week’s Change Price (US) Gold* $362.90 + $6.50 Silver* $ 4.15 + $0.10 Platinum* $367.10 + $1.35 Nickel** $ 3.34 – $0.01 Lead** $ 0.23 …. Copper $ 1.07 …. Zinc $ 0.45 + $0.01 Courtesy of Scotiabank…
Louvicourt mine capital cost set at $326.4 million
The capital cost of building a 5,000-tonnes-per-day copper-zinc mine on the Louvicourt Twp. property held 55% by Aur Resources (TSE) and 45% by Societe Miniere Louvem (TSE) will be $326.4 million, acc…
EDITORIAL PAGE (October 28, 1991)
The recent U.S. court of appeals’ decision to throw out an Environmental Protection Agency (EPA) ban on asbestos is good news for the asbestos mining industry in Quebec and British Columbia, but it’s …
Alberta Stock Exchange (October 28, 1991)
Edmonton-based Integrated Resources has sold its producing Barrington River placer claims in northern British Columbia for $800,000 and a 1.3-million-share stake in the new owner, a private company ca…
Fort Knox hits nickel-copper at Shining tree
Results from Fort Knox Gold Resources (TSE) claims in the Shining Tree area of northeastern Ontario have boosted the company’s stock and ignited further staking in the area. Following up a narrow nick…
Crown one of few juniors actively exploring at Carlin
The Cord Ranch property owned by Crown Resources (VSE) is one of the few sites of exploration activity by a junior company within the Carlin Trend. The property is about 20 miles south-southeast of Ca…
TORONTO STOCK EXCHANGE INDICES (October 28, 1991)
Oct 22 Oct 21 Oct 18 Oct 17 Oct 16 High Low Composite “300” 3467.39 3467.21 3482.34 3466.15 3462.96 4009.47 3009.91 Metals & Minerals 2991.86 3003.25 3031.99 3015.69 3044.31 3453.06 2502.63 Intergrate…