PEOPLE PACIFIC GOLD
Douglas Hooper appointed to the board of directors and on an interim basis, appointed president by the board.
Articles by Northern Miner Staff
Work suspended
Mill construction at the Ray copper mine expansion in Arizona has been temporarily suspended pending the resolution of an issue related to permitting at the site, Asarco (NYSE) reports. The company sa…
Final Douay holes reported by Vior
Final assay results from the last four holes on the Douay gold project in northwestern Quebec have been released by 37% owner Societe d’Exploration Miniere Vior (ME). The project is operated by Inco (…
GOLD FUNDS (October 08, 1990)
MVP BGR Central Capital Net value $10.59 $5.88 $0.30 Price $9.375 $5.625 $0.17 Discount 11.47% 4.3% 43.3% Value $63,072,526 $94,636,688 N/A…
FUTURES PRICES (October 08, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 127.90 126.50 126.55 + 3.05 Nov 122.10 122.10 122.10 + 2.10 Dec 119.10 117.60 118.35 + 0.85 SILVER (in US cen…
Macassa mine on record run
The Macassa mine near Kirkland Lake, Ont., will see gold production increase by about 18% this year because of higher than expected ore grades and mill throughput. A spokesman for owner LAC Minerals s…
Reserve estimate boosted at disputed Brookbank bet
An Ontario gold deposit, currently the subject of a court battle involving Metalore Resources (TSE) and Ontex Resources, (ASE) may prove to be much larger than the two companies had anticipated. After…
Iskut to earn 50% of J.A.G. gold bet
Vancouver-based Iskut Gold (VSE) has obtained the right to earn a 50% stake in Les Mines J.A.G.’s (ME) Belleterre gold property, 62 miles southwest of Val d’Or, Que. To earn the interest, Iskut Gold m…
Frustrated promoter Pexim `quitting the business’
Mark Twain’s satirical observation that October is a bad month for the stock market rang true once again as the Vancouver Stock Exchange ushered in the month by tallying up its worst trading day in ei…
Metal Prices FREE MARKET (October 08, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 2 October 1 September 28 September 27 September 26 Copper 1502-1504 1474-147…
OBITUARY Charles Penney
Charles Penney, noted member of the Canadian mining industry, died recently at home in Tsawwassen, B.C. He was 76. Penney, a graduate from Queen’s University, came from Carbonear, Nfld. Among the proj…
Toronto Stock Exchange Indices (October 08, 1990)
Oct.2 Oct.1 Sept.28 Sept.27 Sept.26 HIGH LOW Composite “300”3191.38 3175.67 3159.37 3161.49 3181.48 4009.47 3159.37 Metals & Minerals2888.45 2904.67 2860.86 2868.41 2873.50 3453.06 2850.84 Integrated …