New mines minister named in Quebec
A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…
Articles by Northern Miner Staff
Pegasus set to open sixth U.S. mine
The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…
PRODUCER PRICES (October 15, 1990)
ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
Corona puts Poco stake up for sale
Recent dramatic increases in the price of oil have provided Corona (TSE) with a perfect opportunity to seek a buyer for its stake in Poco Petroleums (TSE). Peter Steen, president of Corona, said the c…
T.V. expose of VSE ignores mining
Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…
COATS (over-the-counter) Costigan doubles
Investors doubled the share price of Costigan Gold as the junior completed an option agreement on a polymetallic property 200 km southwest of Bathurst, N.B. Costigan can earn up to 40% in the soon-to-…
GIOCC GOLD OPTIONS
Options Open Series Volume Last Interest Nov. 460 C 412 15.50 199 Nov. 420 C 311 4.50 3,461 Feb. 380 C 304 19.00 450 Nov. 430 C 224 15.00 2,829 Nov. 400 C 201 14.50 2,226 May. 450 C 150 10.50 167 Feb….
Jarvis plans drilling on marble prospect
Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …
Pickle Lake one of Ontario’s most prospective areas
To boost reserves at its 65% owned Golden Patricia mine, near Pickle Lake, Ont., LAC Minerals (TSE) is busy completing a US$1.7-million exploration program at the site this year. The Toronto-based com…
PEOPLE PACIFIC CENTURY EXPLORATION
George Scott and Chet Idziszek appointed directors succeeding Arthur Clemiss who resigned.
PEOPLE CONSOLIDATED BEL-AIR RESOURCES
George Scott, Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss and Leonard Clemiss who resigned.
PEOPLE TENNECO MINERALS
Valerie Wohlleber appointed vice- president and chief financial officer.