ICA elects three new members
Recently the International Copper Association elected three member companies at its board of directors’ spring meeting in New York City. They are Escondida Limitada from Chile, Ok Tedi Mining from Pap…
Articles by Northern Miner Staff
Toronto Stock Exchange Indices (August 05, 1991)
July 30 July 29 July 26 July 25 July 24 High Low Composite “300” 3548.86 3530.27 3524.72 3523.56 3518.62 4009.47 3009.91 Metals & Minerals3249.29 3209.89 3205.15 3229.12 3212.25 3453.06 2502.63 Integr…
Platinum sinks below gold
For the first time in six years, platinum prices dropped below gold on the London Metal Exchange. During the last few days of July, platinum traded in the US$359-362 range, just shy of the presstime g…
Minnova cuts high grade at Seneca
Recent drilling on the Seneca property about 65 miles east of Vancouver intersected a narrow zone of rich massive sulphide mineralization. Minnova (TSE) is earning a 51% interest in the property from …
METAL PRICES (August 05, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 100.50 99.95 100.10 + 0.50 Sep 100.90 100.15 100.40 + 0.90 Oct 100.25 100.25 100.05 SILVER (in US cents per o…
More visible gold from Spectrum
More visible gold mineralization has been intersected in a recent hole drilled on the Spectrum property in northwestern British Columbia. Project operator Columbia Gold Mines (VSE) said hole 91″D76 in…
Dickenson boosts earnings despite lower gold production
Lower gold output at its Arthur White mine near Red Lake, Ont., hasn’t prevented Toronto-based Dickenson Mines (TSE) from improving its earnings in the second quarter and first half of this year. In t…
Forget’s tactics rile Audrey, brokers
Audrey Resources (TSE) President Guy Hebert will resume discussions this week with representatives of Minnova (TSE) over development plans for the Mobrun polymetallic mine near Rouyn-Noranda, Que. Heb…
Spot prices at a glance (August 05, 1991)
Week’ Price (US) Change Gold* $363.60 -$ 3.40 Silver* $4.07 -$ 0.16 Platinum* $362.00 -$12.25 Nickel** $3.67 -$ 0.08 Lead** $0.25 $ 0.00 Copper $1.02 +$ 0.02 Zinc $0.48 $ 0.00 Courtesy of Scotiabank. …
Homestake looks at Hughes Lang bet
Hughes Lang (VSE) has signed a letter of intent which clears the way for Homestake Canada to option the Pickle Pat property near Pickle Lake, Ont. By spending $800,000 and making cash payments totalli…
Cheni’s drilling increases reserves at J&L property
Reserves at the J&L property near Revelstoke, B.C., have increased substantially following a recently completed $3.4-million exploration program. Cheni Gold Mines (TSE) is earning a 60% interest in th…
Wheaton to drill Chieftain Hill
Having just completed its first public offering, Wheaton River Minerals (TSE) is getting ready to explore its 104-sq.-km property near Whitehorse, Yukon. Deep drilling is scheduled to commence immedia…