Articles by Northern Miner Staff

Guest Column (August 05, 1991)

At the turn of this century, Sir Wilfrid Laurier asserted that the 20th century would mark the coming of age of Canada as an economic power. Some 50 years later, Prime Minister John Diefenbaker espous…


Aquagold agrees to merger

Aquagold Resources (ASE) has agreed in principle to merge with Mosher Limestone Co., a Nova Scotia company already involved in the industrial minerals field. If the merger is completed in 10 weeks as …



Radisson names new president

Quebec-based mining company Radisson Mining Resources (ME) reported the election of a new president and a settlement with its creditors. The new president is Jean-Marie Dupont. Appointed vice-presiden…


Falconbridge offers early retirement

Nickel producer Falconbridge has instituted an early retirement program which will likely result in a staff reduction of 200-300 by the beginning of next year. In Sudbury, where Falconbridge will be a…


LETTERS TO THE EDITOR (August 05, 1991)

Thank you for your article (T.N.M., July 22/91) updating readers with information on the Edwards project in the Wawa, Ont., area. I understand that the source material was Spirit Lake Explorations’ 9-…


U.S. REPORT (August 05, 1991)

Following the completion of a 20,000-ft. drilling program earlier this year, RFC Resource Finance (TSE) reports a jump in reserves at its Pend Oreille zinc-lead project. Preliminary estimates put rese…


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…


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…


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