Longold acquires Benoit properties
Vancouver-based Longold Resources (VSE) has acquired two properties in Benoit Twp., Que. where several juniors have recently become active following a recent gold discovery by TSE-listed Freewest Reso…
Articles by Northern Miner Staff
People Triune Resources
Cindy Stevens appointed a director.
Curragh muscles into big league of integrated zinc producers
With a reduction of 60% in U.S. zinc smelter capacity during the last 25 years there has been a consolidation in the industry favouring the integrated producer, the enterprise that mines, smelts, refi…
Noranda reports Lynne reserves, limited potential seen for increase
Results from the first 39 holes completed at the Lynne project in Oneida Cty., Wis., indicate the property contains preliminary reserves of 6.14 million tons grading 7.10% zinc, 0.34% copper, 1.84% le…
Alberta Stock Exchange Gold stocks fade
During the report period ended March 19, the price of gold bullion remained in the doldrums at around US$364 per oz., causing several speculative mining stocks to drift lower amid lacklustre trading. …
Mine management course offered
For senior managers who are interested in self-development, the Coopers & Lybrand Consulting Group is holding a 3-day mining management course in Toronto next month. The course, which is geared toward…
PRODUCER PRICES (March 25, 1991)
ALUMINUM: MW U.S. Market US70.5-71.5 cents per lb. (Mar. 7, 1991). ANTIMONY: New York dealer US86-88 cents per lb. (Feb. 28, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMI…
Thunderwood aims to drill gold, base metal prospects
Working hard to become an operating mining company in the near future is Thunderwood Resources (TSE). Management’s goal is to aggressively develop top quality mineral properties in areas with establis…
Phelps, Scotia plan to drill targets
Phelps Dodge of Canada, a unit of Phelps Dodge (NYSE), has signed an agreement to option a 51% interest in each of three Nova Scotia properties from Scotia Prime Minerals (ASE). The agreements pave th…
Busby steps down from juniors
Donald Busby, a well-known promoter and financier, has resigned as a director of International Mahogany (TSE) and Kap Resources (VSE). International Mahogany holds a 70% interest in the Jolu gold mine…
FINANCING (March 25, 1991)
Moraga Resources Ltd. — 1,000,000 units consisting of 1 sh and 1 wt offered @ 74 cents per unit. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 cents per unit.
U.S. REPORT Pegasus to option Fischer property
A letter of understanding has been signed by Pegasus Gold (TSE) and Fischer-Watt Gold (NASDAQ) allowing Pegasus to earn a 77% interest in the Emigrant Gulch prospect in Park Cty., Mont. To earn the in…