Conference on industrial minerals
The third annual Canadian conference on markets for industrial minerals, Industrial Minerals ’91, scheduled for Oct. 22-23 at Toronto’s King Edward Hotel, will include a presentation of interest to co…
Articles by Northern Miner Staff
Montreal Exchange (September 23, 1991)
The mining and minerals index declined by more than 13 points and the market portfolio moved ahead by about a half-point during the week ended Sept. 17. Daily trading volumes were generally in the 4-m…
EDITORIAL PAGE (September 23, 1991)
The legacy from the enthusiastic marketing of flow-through shares in the 1980s is still with us. The burst of exploration activity paid for by flow-through added considerably to Canada’s mineral datab…
Bema step closer to Refugio financing
The appointment of a lead banker and syndication manager brings Bema Gold (TSE) one step closer to arranging financing for its 50% owned Refugio gold project in Chile. Sharps Pixley, the bullion tradi…
Analysts look to Russia for hints on gold
Precious metal stocks, already bloodied by low gold prices, took another beating recently as fears of a big sell-off in the Soviet Union kept the yellow metal below its 52-week trading range of US$350…
PEOPLE (September 23, 1991)
R. MacDonald appointed chief financial officer and senior vice-president, finance.
Denison completes Spanish oil sale
Toronto-based Denison Mines (TSE) recently completed the sale of a 12.6% interest in the Casablanca oilfield offshore Spain for US$15.5 million. However, even though Denison expects to receive an addi…
Supply-demand equations shifting for industrial minerals
Three studies published by Roskill Information Services of London look at the fortunes of the industrial minerals magnesium, kaolin and natural graphite. Magnesium, according to Roskill, always genera…
Cheni cuts reserves at Lawyers
Limited continuity in the Cliff Creek zone at the Lawyers mine in north-central British Columbia has forced owner Cheni Gold Mines (TSE) to lower its ore reserves once again. Paul Savoy, president of …
METAL PRICES (September 23, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sep 17 Sep 16 Sep 13 Sep 12 Sep 11 Copper 1309-1310 1320-1321 1339-1340 1338-1340 13…
Saskatchewan offers Cameco shares
Nearly two months after the initial public offering of Cameco (TSE) shares, the Saskatchewan government has announced plans to sell shares of the uranium producer. Saskatchewan has made arrangements w…
Guest Column (September 23, 1991)
As we wait for improved stock market conditions in the mineral resource sector in Vancouver, there is much speculation as to why the current market remains depressed. Speculation in the junior mineral…