Articles by Northern Miner Staff

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…


TORONTO STOCK EXCHANGE INDICES (September 02, 1991)

Aug 27 Aug 26 Aug 23 Aug 22 Aug 21 High Low Composite “300” 3517.74 3532.00 3532.06 3517.15 3512.03 4009.47 3009.91 Metals & Minerals3111.10 3127.48 3121.18 3042.39 3037.50 3453.06 2502.63 Integrated …


U.S. REPORT (September 02, 1991)

Ongoing delineation drilling and engineering by USMX (NASDAQ) is reported to have nearly doubled minable gold reserves at the Yankee project, 65 miles northwest of Ely, Nev. With proven minable reserv…



Grant money to aid research

Almost half of the $2 million in research grants awarded for 1991-92 under the Research Agreements Program of Energy, Mines and Resources Canada (EMR) is earmarked for projects related to mining and m…


Native hiring policies fall short of original goals

For some time now provincial governments and Ottawa have encouraged mining companies to adopt pro-native, pro-northern resident hiring practices. Companies, anxious to win support from local residents…


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