NEWS ROUNDUP (October 28, 1991)
Bachelor Lake Gold Mines (TSE) intends to sell its controlling interest in 74% owned subsidiary Western Premium Resource (VSE) for about $150,000. Bachelor said a letter of agreement has been entered …
Articles by Northern Miner Staff
No more work planned for Iskut area’s Rock & Roll project
No further work is being planned by Eurus Resource (VSE) and Thios Resources (VSE) for their joint venture Rock & Roll property in the Iskut River area of northwestern British Columbia. This year’s wo…
FINANCING (October 28, 1991)
International Corona Corporation – 300,000 class A Subordinate voting shs offered @ $8.25 per sh. Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 4…
Prince of Wales opens Inco’s mill, smelter improvements
Nickel producer Inco (TSE) says it has completed 85% of the work required to meet Ontario government regulations for reduced sulphur dioxide emissions at its Sudbury, Ont., facilities. Inco’s “sulphur…
New Brunswick’s November agenda
The New Brunswick Pro-spectors and Developers Association (NBPDA) will hold this year’s general meeting with the Canadian Institute of Mining, Metallurgy and Petroleum at 8 p.m. on Nov. 4 in the Frede…
TSE hopes to boost level of unlisted market’s credibility
Following a reluctant takeover of Ontario’s over-the-counter trading system three months ago, The Toronto Stock Exchange (TSE) plans to increase the credibility of the Canadian Dealing Network (CDN) b…
PRODUCER PRICES (October 28, 1991)
ALUMINUM: MW U.S. market US51-55 cents per lb. (Oct. 17, 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). CADMIUM: …
Integrated claims
Nine Barrington River placer gold claims in the Telegraph Creek area of British Columbia have been sold by Integrated Resources (ASE) to a private Edmonton, Alta., company, Barrington Gold. Subject to…
Meeting cancelled
The First International Symposium on Sulphide Dust Explosions, Mine Fires & Emergencies (SDEMF&E), scheduled to be held in Bathurst, N.B., Oct. 27-31, 1991, has been cancelled because of the low numbe…
FUTURES PRICES (October 21, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 105.95 104.80 105.60 – 2.40 Nov 105.15 104.30 105.00 – 2.00 Dec 104.50 102.80 104.10 – 1.90 SILVER (in US cen…
Granges continues drilling Unuk River
Three of five recent holes drilled by Granges (TSE) on its 50% owned Unuk River project in northwestern British Columbia failed to return any significant gold or silver values. The project, in the Esk…
Companies face criminal charges
Criminal charges have been laid against Royal Oak Mines (TSE) (and its predecessor, Pamour Inc.) by the Ontario Ministry of the Environment in connection with the Oct. 17, 1990, tailings spill at the …