Articles by Northern Miner Staff

U.S. REPORT Silver tarnishes Nerco earnings

Operating income from Nerco’s (NYSE) mineral segment reached US$1.3 million in the 1991 first quarter, down from US$2.9 million for the same three months in 1990. The company said the decrease in ear…


Majors dominate Yukon exploration

Although the mineral exploration season in the Yukon looks slower than the industry would like, some significant projects are in the works this year. The biggest thing we’re going to see is exploratio…


Alberta Stock Exchange Carlin in option deal

Recently entering into a joint venture agreement for the exploration and development of gold property in Oregon was Carlin Gold, which gained a penny to 35 cents on 22,000 shares for the week ended Ma…


Corona seeks share consolidation

Shareholders of Corona (TSE) will be asked to approve a proposed 1-for-2 consolidation of the company’s subordinate voting shares and common shares and a change in name to International Corona Resourc…



Placer options Dellaterra claims

A draft formal option and joint venture agreement was received by Dellaterra Resources (VSE) from major company, Placer Dome (TSE). Under the terms of the agreement, Placer will pay Dellaterra $50,000…


Sikaman completes Bogosu sale

Sale of its interest in the Bogosu gold project in Ghana, Africa, has been completed, Sikaman Gold Resources (TSE) said. The Toronto-based company also announced the sale of two other property interes…



CIM unveils new policy on environment

With sunshine and spring bursting out all over, this city proved to be an ideal setting for the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) to unveil its new policy statement on the e…


News In Brief Consolidated Del Norte Ventures

Consolidated Del Norte Ventures (CDV:VSE) has changed its name to Idaho-Maryland Mining Corporation (IHM:VSE) with no consolidation of capital. The transfer agent is Central Guaranty Trust.


FUTURES PRICES (May 06, 1991)

N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) May 107.80 105.80 105.90 — 2.80 Jun 107.60 106.20 105.70 — …


PRODUCER PRICES (May 06, 1991)

ALUMINUM: MW U.S. Market US63.50-65.75 cents per lb. (Apr. 18, 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). C…


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