Alberta Stock Exchange Golconda up 18 cents
Planning to launch a second drilling phase on each of three gold properties, Golconda Resources traded heavily in the week ended May 28, gaining 18 cents to close at 60 cents. The Calgary-based explo…
Articles by Northern Miner Staff
Vancouver Stock Exchange NCA sees heavy action
The VSE remained relatively stable during the week ended May 28. The composite index was virtually unchanged at the 560 level while the resource index staged a rebound to finish at 518.8, up by 13.7 p…
Program planned for GNC claims (June 03, 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…
Spot prices at a glance (June 03, 1991)
Price (US) Week’s Change Gold* $360.75 + $ 4.00 Silver* $ 4.14 + $ 0.05 Platinum* $392.65 — $ 0.10 Nickel** $ 3.74 + $ 0.08 Lead**…
METAL PRICES FUTURES PRICES (June 03, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jun 101.50 99.80 99.90 — 1.10 Jul 99.45 98.80 99.20 — 0.30 Aug 98.80 98.80 98.80 — SILVER (in US cents per o…
Hemlo to write down Central Crude
Hemlo Gold Mines (TSE) is considering taking a writedown on its investment in the Eagle River, Ont., gold joint venture with Central Crude (TSE), said President John Harvey at the company’s recent ann…
PEOPLE JACQUELINE GOLD
Milton Zink appointed director and president succeeding Richard Pearson; Frank Varseveld appointed director and executive vice-president.
Major General backs Rendell-Jackman
Shareholders attending the recent annual meeting of Major General Resources (VSE) were told that the company is involved in early stage discussions with Noranda (TSE) relating to the Rendell-Jackman j…
FINANCING (June 03, 1991)
Jordex Resources Inc. — 400,000 shs offered @ $2.03 cents per sh. Allan Resources Inc. — 1,000,000 shs offered @ 35 cents per sh. Idaho Cons. Metals Corp. — 750,000 units consisting of 1 sh and 1 …
LETTERS TO THE EDITOR Coeur d’Alene listed on NYSE
I have read your informative article (T.N.M., May 13/91) on the Kensington gold joint venture in Alaska. The Northern Miner has traditionally done an excellent job of covering mining activities in Can…
Hope Brook suspends mining to avoid violation
For the second time in as many years, Hope Brook Gold Mines (TSE) is temporarily suspending operations at its 3,000-ton-per-day Newfoundland gold mine in a bid to solve nagging environmental control p…
Better stakes claims near Fish Lake
About 8,000 hectares of ground in a block 5×16 km was recently staked by Better Resources (VSE) near Williams Lake, B.C. The ground adjoins the large Fish Lake copper-gold porphyry deposit owned by Ta…