Montreal Exchange (September 02, 1991)
Precious metal prices remain in a slump, a condition reflected in the mining and minerals index, which closed down by almost 14 points for the week ended Aug. 27. The general market portfolio index ha…
Articles by Northern Miner Staff
Micham intersects gold mineralization in Switzerland
Results from a 2-hole diamond drilling program on International Micham’s (VSE) Disentis property in Switzerland have confirmed the presence of a wide gold zone. Hole 91-1 intersected 246 ft. averaging…
Starmin, Adonos to invest in Philippine porphyry project
A large copper-gold porphyry deposit on the Philippine island of Negros has attracted a couple of Toronto-based juniors intent on bringing it into production. Starmin Mining (TSE) and Adonos Resources…
Toronto Stock Exchange (September 02, 1991)
Turmoil turned to tranquility during the week ended Aug. 27 as investors put the Soviet crises behind them and looked ahead to Labor Day vacations in Canada and the U.S. As the New York Stock Exchange…
Metal Prices (September 02, 1991)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 27 August 26 August 23 August 22 August 21 Copper 1343-1344 NA 13…
Northgate’s quarterly profit fails to offset 6-month loss
While gold production within the Northgate Exploration (TSE) group was up during the first six months of this year, the Toronto-based firm was forced to break out the red ink. Northgate reported a net…
Great Lakes concludes deal
An agreement providing Great Lakes Minerals (TSE) with a 100% interest in five copper deposits (543-S, G-2, G-12, G-13 and St. Louis) in northern Michigan has been concluded, the company reported. In …
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…