Articles by Northern Miner Staff

Coup has little impact on metal prices

While the recent crisis in the Soviet Union sent shock waves around the world and briefly threatened to end the new spirit of perestroika, the episode had almost no effect on metal prices. As news rea…


Jarvis plans marble mine

The mining of a 23-claim marble property 20 miles north of Sudbury, Ont., has been announced by Jarvis Resources (VSE) of Lively, Ont. The company said drilling, stripping and block removal have delin…


Saskatchewan to sell Potash warrants

The province of Saskatchewan has arranged to sell 7.3 million special warrants of Potash Corp. of Saskatchewan (TSE) at $18.75 per warrant. Subject to certain terms and conditions, each special warran…


Vancouver Stock Exchange (September 02, 1991)

Both the resource and composite indices continued to rebound during the week ended Aug. 27 following the tumultuous events in the Soviet Union. The composite index added 8.27 points to finish at 563.7…


Unlisted Trading (September 02, 1991)

Trading moderately during the week ended Aug. 27, Teddy Bear Valley Mines (CDN) picked up 15 cents to close at $1.75 after management announced it had resolved a claim ownership dispute with Card Lake…


INSIDER TRADING (September 02, 1991)

A couple of Timmins Nickel (TSE) executives took the opportunity recently to cash in on the company’s high flying share price. According to the Ontario Securities Commission OSC Bulletin, Chairman Cha…


Beaufield, Aur set to drill

Drilling on the Mainstreet project in Louvicourt Twp. in northwestern Quebec will commence Sept. 3, property owner Beaufield Resources (TSE) announced. Project operator is Aur Resources (TSE), which h…


Alberta Stock Exchange (September 02, 1991)

Trading lightly during the week ended Aug. 27, Cochise Resources picked up 20 cents to close at $1. Cochise is currently preparing for a helicopter-supported drill program on a 995-sq.-km copper-molyb…


Postal strike

Due to a strike by Canada Post employees, delivery of The Northern Miner to some subscribers may be temporarily disrupted. Delivery to the U.S. and other foreign destinations will not be affected. The…


Spot prices at a glance (September 02, 1991)

Week’s Price (US) Change Gold* $355.30 – $ 0.90 Silver* $ 3.95 + $ 0.02 Platinum*$339.90 – $ 5.60 Nickel**$ 3.56 – $ 0.16 Lead** $ 0.24 $ 0.00 Copper $ 1.03 + $ 0.03 Zinc $ 0.46 – $ 0.01 Courtesy of S…


Brinco suffers first-half loss

Consolidated Brinco (TSE) recorded a net loss of $958,000 during the first half of 1991 compared with a loss of $671,000 for the same 6-month period last year. A second-quarter loss of $422,000 was re…


Madsen Gold plans study of old Red Lake mine

Bringing the former Madsen gold mine near Red Lake, Ont., back into production after a 15-year absence could be a long and costly process, says James Morlock, president of Toronto-based Madsen Gold (T…


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