PEOPLE HEMLO GOLD MINES
Patrick McCulloch appointed director.
Articles by Northern Miner Staff
U.S. REPORT Inco approves funds for Ester Dome
An American unit of Inco (TSE) has approved a US$1.15-million budget for ongoing work on the Ester Dome property owned by Silverado Mines (VSE). The property is near Fairbanks, Alaska. Inco has alrea…
Inco workers accept contract
Employees at Inco’s (TSE) Sudbury, Ont., nickel operations recently voted to accept a new 3-year wage contract which provides for a wage increase, including cost of living allowances and nickel price …
U.S. REPORT Noranda extends zone at New World
Recent drilling by a unit of Noranda (TSE) on the New World property in Montana encountered gold-silver-copper mineralization in the Homestake Breccia deposit at deeper levels than encountered by prev…
Placer Dome drops Windy property
Junior Big Bar Gold (VSE) is without a mineral property now that Placer Dome (TSE) has terminated an agreement allowing Big Bar to acquire an interest in the Windy property in north-central British Co…
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…
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 …