Unlisted Trading Willingdon drilling
News that Willingdon Resources will resume drilling at its Sioux Narrows property near Kenora, Ont., generated a flurry of trading activity. More than 1.2 million shares changed hands for the week end…
Articles by Northern Miner Staff
U.S. REPORT Teck exploring Oregon gold prospect
Through exploration expenditures totalling US$2 million over six years, Teck (TSE) can earn a 60% interest in the Buck epithermal gold property held by Carlin Gold (ASE) and Redfern Resources (TSE). T…
Deak expands production plans at Magusi based on new copper zone
Encouraged by recent results at the Magusi zinc-copper property, Deak Resources (TSE) is examining the possibility of incorporating deep copper mining into its current production plan for the site. Th…
Cambior boosts revenue, output
Increased revenue and gold production were reported by Cambior (TSE) for the first quarter of 1991. Revenue jumped by 33% to $36.3 million while output rose to 62,105 oz. compared with 39,582 oz. for …
PRODUCER PRICES (May 13, 1991)
ALUMINUM: MW U.S. Market US62-64 cents per lb. (Apr. 25, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMIU…
U.S. REPORT Related juniors report exploration results
Two associated juniors, U.S. Precious Metals (NASDAQ) and Centurion Gold (NASDAQ), reported encouraging exploration results from their respective gold projects in Nevada and California. The companies…
Insider Trading Pezim sells stake in Prime, Tymar
About a month before signing a financing deal with Teck (TSE), Vancouver promoter Murray Pezim sold a substantial portion of his holdings in Prime Equities (VSE) and Tymar Resources (TSE). In mid-Mar…
Snip adept at juggling logistics of operating in rugged northern B.
The new Snip gold mine operated of Cominco (TSE) in the Iskut River camp of northwestern British Columbia is a case study in juggling the logistics of an isolated location. It’s a fly-in, fly-out situ…
BOOK BRIEFS (May 13, 1991)
The author gives a firsthand account of the Carlin gold discovery and the early exploration of the Carlin belt. Also given is current information on reserves and production. Carlin Trend History: Dis…
Vera Cruz stock jumps Hot holes from New Mexico
The share price of Vera Cruz Minerals (VSE) took a big jump after the company announced some impressive assay results from a reverse circulation drill program on its Vera Cruz project in south-central…
Porphyries lure explorationists to Quesnel trough
A resurgence of exploration activity focused on alkalic porphyry copper deposits in the Quesnel Trough of British Columbia is taking place. But this time the lure is for gold as well as copper. During…
Prospects excellent for new mine development in B.C.
While British Columbia’s mining industry has seen some tough economic times in past years, there is still plenty of optimism regarding new mine development. Many companies are pushing forward with exp…