Articles by Northern Miner Staff

EDITORIAL PAGE (August 05, 1991)

International Corona shareholders are going to be busy for the next six weeks sifting through analyses of the company’s proposed restructuring that are already pouring forth from mining analysts. But …


Producer prices (August 05, 1991)

ALUMINUM: MW U.S. Market US59.50-61 cents per lb. (Jul. 11, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMI…


PROFILE (August 05, 1991)

Situated in northern Quebec, the Joutel copper deposit is believed to be similar in origin to the famous Louvicourt orebody. Recently Louvicourt’s part-owner Aur Resources signed an agreement with Jou…


Noranda earnings in decline

Lower metal prices contributed to a drop in the second-quarter and 6-month earnings of Noranda (TSE)). The resources giant announced net earnings for the six months ended June 30 of $33 million (two c…


TSE Short Positions (August 05, 1991)

Semi-monthly reports as of July 15, showed 22,733,628 shares of 571 issues compared with 22,630,379 shares of 543 issues on June 30. Larger individual positions included: Amer. Barrick 335,062, up 106…


Stratabound gets backing for exploration from Teck

Calgary-based junior Strata-bound Minerals (ASE) has finally found a major company willing to finance exploration on its New Brunswick base metal properties including the Captain North Extension lead-…


Haileybury hosts workshop

The eighth annual geophysics workshop, chaired by Peter Hood of Geological Survey of Canada, was recently held at the Haileybury School of Mines. At the workshop, speakers addressed issues that involv…


Corona unveils plans to divest non-gold assets

The board of International Corona (TSE) has approved a restructuring plan aimed at separating Corona’s precious metals business from its various other interests. The previously announced plan calls fo…


Alberta Stock Exchange (August 05, 1991)

Reports that Ontex Resources has struck a deal with Placer Dome for further exploration on the Brookbank gold property near Beardmore, Ont., boosted the junior stock by 50 cents to $2.50 during the we…


Financing (August 05, 1991)

Fairfield Minerals Ltd – 500,000 units consisting of 1 sh and 1 wt offered @ $1.16 per unit. North Slope Minerals Inc. – 1,200,000 shs offered @ 25 per sh. Avril Explorations Inc. – 500,000 shs offere…


IOCC Gold Options (August 05, 1991)

Options Open Series Volume Last Interest The New York closing gold price was $362.50 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each …



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