Tagish continues Eskay dispute
A legal dispute brought about by prospector Paul Dupras and Tagish Resources against Prime Resources Group (VSE) was stayed pending the outcome a second dispute to be heard in May. Tagish had sought a…
Articles by Northern Miner Staff
Cyanide usage
As a graduate of an accredited mining college, a geologist who trained with the Manitoba Department of Mines and a qualified physical scientist with the Geological Survey of Canada, plus a former gold…
NEWS IN BRIEF Freewest Resources
Freewest Resources (TSE) has completed a private placement of $450,000 at $3.80 per share with La Societe en Cammandite Miniere. Proceeds from the placement will be used to continue exploration on the…
U.S. REPORT Record production at Champagne mine
The Champagne gold mine in Idaho turned out a record 26,700 oz. gold equivalent in 1990 — its first full year of production — and generated $11.6 million in revenue and a gross profit of $6.5 millio…
TVX Gold reports profit
Toronto-based TVX Gold (TSE) has reported its audited net earnings for 1990 following the amalgamation of its predecessor company Consolidated TVX Mining with Inco Gold on Jan. 7. For accounting purpo…
Tundra approval for consolidation
Shareholders of Tundra Gold Mines (VSE) recently voted in favor of a share consolidation and a corporate name change, the company reported. Pending regulatory approval, Tundra will consolidate its sha…
TORONTO STOCK EXCHANGE INDICES (April 22, 1991)
Apr. 16 Apr. 15 Apr. 12 Apr. 11 Apr. 10 HIGH LOW Composite”300″ 3539.73 3516.43 3509.39 3504.84 3494.06 4009.47 3009.91 Metals & Minerals3147.92 3120.02 3123.67 3116.87 3079.56 3453.06 2502.63 Integra…
GOLD FUNDS (April 22, 1991)
Gold funds as of Apr. 16 BGR Central Net Value $9.19 $5.09 Price $7.63 $4.800 Discount 16.97% 5.7% Value $54,739,816 $80,756,640…
Spot prices at a glance (April 22, 1991)
Week’s Price (US) Change Gold* $361.00 — $ 2.65 Silver* $ 4.07 + $ 0.05 Platinum* $400.75 — $ 5.25 Nickel** $ 4.07 — $ 0.06 Lead** $ 0.26 — $ 0.02 Copper{ $ 1.12 + $ 0.00 Zinc{{ $ 0.65 + $ 0.06 Co…
Goldcorp CSA report losses
Toronto-based Goldcorp Investments (TSE), the company that controls gold producers Dickenson Mines (TSE) and Wharf Resources (TSE), has reported a consolidated loss of $60.5 million or $3.45 per share…
Geology makes Red Lake high-potential area
Red Lake is still one of the high potential mining camps of Ontario, according to regional geologist Brian Atkinson. The primary reason is clearly the geology despite the widespread covering of overbu…
Judge queries Pezim case ruling
A judge with the British Columbia Supreme Court disagrees with part of a ruling of the B.C. Securities Commission concerning a case against promoter Murray Pezim and two associates over insider-tradin…