Program planned for GNC claims (June 10, 1991)
A major exploration program will be carried out this season on the GNC claims which surround the Eskay Creek project north of Stewart, B.C. The program will be operated by Corona (TSE) on behalf of Pr…
Articles by Northern Miner Staff
Toronto Stock Exchange Madeleine issue rides drop in price of
The week ended June 4 contained both good and bad news for Pat Sheridan, the controversial mining executive who is battling with regulatory authorities to bring the Lac des Iles platinum project into …
TORONTO STOCK EXCHANGE INDICES (June 10, 1991)
June 4 June 3 May 31 May 30 May 29 HIGH LOW Composite “300” 3549.59 3554.92 3546.10 3519.45 3498.40 4009.47 3009.91 Metals & Minerals 3216.41 3229.34 3190.37 3081.30 3073.99 3453.06 2…
Cathedral reports quarterly loss (June 10, 1991)
A loss of $33,000 was reported by Cathedral Gold (TSE) for the first three months of this year, compared with a loss of $57,000 in the 1990 first quarter. The company has a 52% interest in the Sterli…
IOCC GOLD OPTIONS (June 10, 1991)
The New York closing gold price was $362.50 per oz. Last qu for gold options traded in Montreal and Vancouver as provided at th trading each Tuesday by the Montreal Exchange. Only the eight most an…
GOLD FUNDS (June 10, 1991)
BGR Central Net Value $8.74 $5.12 Price $7.50 $4.700 Discount 14.19% 8.2% Value $52,026,371 $79,074,210…
EDITORIAL PAGE Co-ordinating efforts on Mining Week
Any effort to increase public awareness of mining’s positive role in Canadians’ lives is laudable. Devoting one week in the year to tell the mining industry’s story is one such effort. An example is …
Court rules against Tagish on Eskay Creek dispute
Tagish Resources struck out once again in its bid to gain title to the TOK 3-6 claims which host the bulk of reserves on the Eskay Creek gold property north of Stewart, B.C. Eskay Creek is owned 50% …
Cameco plans public offering
In line with its goal to become a private corporation by 1995, Cameco has filed a preliminary prospectus for a $100-million share offering. RBC Dominion Securities, leading a group of underwriters, w…
Placement funds Mina Marta program
Net proceeds of $3 million from a recent private placement will be used in part to continue a second-phase of drilling on Consolidated Ramrod Gold’s (VSE) Mina Marta concession near Salamanca, Spain. …
U.S. REPORT Ball mill shuts down Oracle Ridge
An electrical fault in the stator of the ball mill at the Oracle Ridge mine has temporarily shut down operations. Oracle Ridge is an underground copper-silver-gold mine in Arizona, 70% owned by South…
Montreal Exchange Top American traders
Two companies sporting the name “American” in their titles, American Reserve Mining and American Barrick Resources, were among the heavy traders during the week ended June 4. American Reserve, which …