SOQUEM to earn in at Chibougamau bets
SOQUEM, the mining exploration wing of the Quebec government, recently signed separate agreements allowing it to earn a 50% interest in two Chibougamau, Que., properties. Under an agreement with Camec…
Articles by Northern Miner Staff
EDITORIAL Miners meet minister
Ontario’s mining industry got a good look at the province’s new mines minister during the first Ontario Mining Week and apparently liked what it saw. Gilles Pouliot charmed his audience at a reception…
Vior and partners increase size of Douay West deposit
Societe d’Exploration Miniere Vior (ME) has revised upwards its estimate of preliminary reserves for the West zone of the Douay gold project in northwestern Quebec. The project is 42%-owned by Inco (T…
Ester property drilling returns gold
Recent diamond drilling on the Ester property near Fairbanks, Alaska, has returned some encouraging results. A unit of Inco (TSE) is earning a 70% interest in the property from Silverado Mines (VSE) b…
OBITUARY Fred Gill
Fred Gill, manager of Latin America for Cominco Resources International, died recently. Gill was a passenger in a chartered boat that sank in a sudden windstorm in Chile’s Punta Arenas region. He was …
Alberta Stock Exchange Gold shares drop
Investors reacted negatively to recent declines in the price of gold by launching a sell-off which sent many stocks to new lows during the week ended Oct. 16. Although the turmoil on stock markets has…
COATS (over-the-counter) Costigan cuts lead-zinc
Continuing its upward march, Costigan Gold gained another 5 cents for the week ended Oct. 16 as the company announced a base metal discovery 200 km southwest of Bathurst, N.B. All four holes drilled o…
N.B. reviews its mineral resources
The 15th annual review of activities will be held by the New Brunswick Department of Natural Resources and Energy Mineral Resources (NBDNR), Nov. 13-14, at the Fredericton Inn, Fredericton, N.B. As pa…
FUTURES PRICES (October 22, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 126.20 124.70 125.50 — 3.50 Nov 120.00 119.00 118.85 — 4.50 Dec 114.60 112.10 113.35 — 4.75 SILVER (in US …
Micham consolidation
Shareholders of Micham Exploration (VSE) will be asked to consider a 1-for-3-share consolidation at the company’s annual meeting next month. President David Bell says the share consolidation has been …
IOCC GOLD OPTIONS (October 22, 1990)
Options Open Series Volume Last Interest Nov. 390 C 377 5.00 1,016 Nov. 400 C 328 3.50 2,398 Nov. 410 C 445 1.60 2,914 Nov. 420 C 227 1.50 3,456 Nov. 430 C 520 1.20 3,259 Nov. 440 C 410 0.80 4,648 Feb…
Montreal Exchange Latest Douay tonnage
Investors continued to be active but prices tumbled on the ME, with both the general market portfolio index and the mining and minerals index hitting new lows this year during the week ended Oct. 16. …