Wheaton acquires Skukum project
Toronto-based Wheaton River Minerals (TSE) says it intends to start a feasibility study at the Skukum Creek gold and silver property near Whitehorse, Y.T., after acquiring the project from Omni Resour…
Articles by Northern Miner Staff
Potash Corp. warrants sold
The province of Sas-katchewan, through CIC Mining Corp., has sold 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) for proceeds of close to $137 million. Priced at $18.75 each, the s…
LAC expands mill for Bousquet 2 ore
A $15-million expansion program, designed to support an increase in production to 2,000 from 1,500 tons per day, will begin immediately at the East Malartic mill, says owner LAC Minerals (TSE). The ex…
Taywin acquiring Mexican property
In concert with numerous other juniors looking further afield for promising mineral properties, Taywin Resources (VSE) recently announced it is participating in a Mexican exploration program involving…
FINANCING (September 16, 1991)
Wiscan Resources Inc – 2,500,000 units consisting of 1 sh and 1 Series C wt offered @ 30 cents per unit.
Spot prices at a glance (September 16, 1991)
Week’s Price (US) Change Gold* $347.50 – $ 1.10 Silver* $ 3.97 + $ 0.04 Platinum*$346.50 + $ 2.50 Nickel**$ 3.64 + $ 0.12 Lead** $ 0.25 + $ 0.01 Copper $ 1.06 + $ 0.03 Zinc $ 0.47 + $ 0.01 Courtesy of…
Metal Prices (September 16, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sep 10 Sep 9 Sep 6 Sep 5 Sep 4 Copper 1352-1353 1354-1355 1368-1370 1352-1354 1344-1…
Canarc in control of Polaris-Taku
The purchase of a controlling interest in Rembrandt Gold Mines (ASE), along with a fully diluted 43.6% controlling interest in Suntac Minerals (VSE), has given Canarc Resources (VSE) and its principal…
Gold Funds (September 09, 1991)
BGR Central Net Value $8.46 $4.83 Price $7.38 $4.450 Discount 12.85% 7.9% Value $50,383,921 $74,868,135…
Glen Auden makes deal in Quebec
Partners Glen Auden Resources (TSE) and Cross Lake Minerals (VSE) have reached an agreement in principle concerning their land package in the Casa Berardi area of Quebec. New Legend Metals, a private …
Gaspesie signs titanium option
Gaspesie, Societe d’Exploration (ME) says it has signed an option to acquire, within three years, an ilmenite deposit containing a minimum of 10 million tons of ore grading 20% titanium oxide (TiO2). …
Spot prices at a glance (September 09, 1991)
Week’s Price (US) Change Gold* $348.60 – $ 6.70 Silver* $ 3.93 – $ 0.02 Platinum* $344.00 + $ 4.10 Nickel** $ 3.52 – $ 0.04 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.00 Zinc $ 0.46 – $ 0.00 Courtesy of…