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…
Articles by Northern Miner Staff
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…
Aranlee cuts Fire Mountain deal
A recently completed deal with Plaskey Development Enterprises gives Aranlee Resources (VSE) the right to earn up to an 80% interest in the Fire Mountain property in the New Westminster Mining Divisio…
Drilling at Holloway indicates zone tapers off down plunge
The latest results from the Holloway project indicate that the Lightning zone, which has been characterized by consistently strong widths and grades since its discovery in 1989, may be coming to a dra…