People UNITED COIN MINES LTD. (December 17, 1990)
David Libby resigned as a director. A successor to be announced.
Articles by Northern Miner Staff
U.S.REPORT Best grades yet at Great Lakes project
Great Lakes Minerals (TSE) has just received the best assays yet from their copper project on the Keeweenaw Peninsula in northern Michigan. Hole 9, drilled on the 543-S deposit, intersected 41.7 ft. g…
Central Crude plans $7.7 million financing
Through two private placements totalling 700,000 units, Central Crude (TSE) expects to raise $7.7 million for continued exploration on its Eagle River and Moss Lake gold properties in northern Ontario…
GOLDFUNDS (December 17, 1990)
MVP BGR Central Capital Net value $9.38 $5.39 $0.26 Price $8.25 $4.850 $0.13 Discount 12.05% 10.0% 50.0% Value $55,826,331 $81,597,855 N/A…
Treminco reports successful year even though small loss was taken
Although Treminco Resources (TSE) reported a net loss of $70,000 for the year ended July 31, cash flow was $1.61 million. This compares with net income of $317,000 and cash flow of $1.96 million in 19…
Metal Prices FUTURES PRICES (December 17, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 110.00 109.00 109.70 — 3.25 Jan 109.55 108.90 109.50 — 1.00 Feb 109.30 108.50 109.30 0.10 SILVER (in US cen…
New FMC operation for sodium cyanide
Production of sodium cyanide at a new Wyoming plant was started up by FMC Corp. in November. Size of the Chicago company’s plant is 60 million lb. of the product per year. Cyanide is used in the milli…
Company to provide ore-testing service
A new ore-testing business, Applied Ore Testing Inc., opened its doors Nov. 1 at Oakville, Ont., just west of Toronto. The operation consists of a metallurgical laboratory and pilot plant. President J…
LETTERS TO THE EDITOR B.C.’s decision on Eskay claims worries
I was disappointed with the British Columbia Ministry of Energy, Mines and Petroleum Resource’s decision to recommend cancellation of seven of nine Eskay Creek claims held by Eurus Resources (T.N.M., …
Montreal Exchange Messeguay is active
Trading continued to move forward, with the market portfolio ahead by almost 6 points for our report period, and the mining and minerals index up almost 17 points. Daily trading activity ranged betwee…
People PACIFIC GOLD (December 17, 1990)
Dale Scholz appointed chairman of the board and director succeeding W. Danke who resigned; Terry Holland and Norm Tribe appointed directors succeeding G. Carlson and R. Handfield who resigned.
B.C. stalls Eskay mining lease until land title question settled
The battle for control of the Eskay Creek deposit north of Stewart, B.C., is no longer confined to two majors vying to develop what is expected to become one of the province’s richest and highest-grad…