Insider Trading Sherritt executives on buy side
Sherritt Gordon (TSE) Chairman Ian Delaney and President Bruce Walter recently delivered on a promise to invest more of their own money in the Toronto-based metal refiner and fertilizer producer. Acco…
Articles by Northern Miner Staff
Denison closing Elliot Lake mine
Ontario Hydro has already begun shopping around for new uranium sources to replace the amounts supplied under recently cancelled long-term contracts signed with Denison Mines (TSE). While uranium prod…
PEOPLE WINSLOW GOLD
Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Ketan Panchmatia appointed secretary/treasurer.
FINANCING (May 06, 1991)
Williams Creek Explorations Ltd. — 900,000 shares offered @ 50 cents per share. Jordex Resources Inc. — 400,000 shares offered @ $2.03 per share. Thios Resources Inc. — 1,500,000 units consisting o…
Alberta Stock Exchange Golconda drilling
Assays are being received for the first-phase drilling program at the Goldridge gold prospect in Oregon, Golconda Resources reported. The junior, which slipped a penny to 65 cents, traded almost 300,0…
Unlisted Trading Strike remains active
News of plans for a third drill program at the Robertson Twp. copper-zinc prospect near Matachewan, Ont., kept Strike Minerals active. Trading on a volume of 23,500 shares, the company closed at 35 ce…
GOLD FUNDS (May 06, 1991)
Gold funds as of Apr. 30 BGR Central Net Value $8.67 $4.98 Price $7.38 $4.700 Discount 14.88% 5.6% Value $51,639,780 $79,074,210…
IOCC GOLD OPTIONS (May 06, 1991)
The New York closing gold price was $357.30 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Total v…
PEOPLE CANNELLE EXPLORATIONS
Louis Duprat appointed president and director; Vern Langule appointed a director succeeding P. Cusano and J. McPherson who resigned.
Tintina, NSR plan joint work
An agreement to jointly explore property in English and Zavitz twps. in northeastern Ontario has been negotiated by Tintina Mines (TSE) and NSR Resources (TSE). Tintina optioned the property — compr…
Calgary to host conference
Calgary has been selected as the site for next year’s Second International Conference on Environmental Issues and Management of Waste in Energy and Mineral Production. A “call for papers” was recentl…
Amax earnings down 36%
General recessionary pressures including lower prices for aluminum, gold and oil resulted in a 36% drop in first quarter earnings for Amax Inc. (NYSE). The New York company recorded net earnings of U…