Agnico raises $27.6 million for projects
Through a proposed public offering of 3.2 million units, Agnico- Eagle Mines (TSE) will raise $27.6 million for its exploration and development projects. The units, offered on a “bought deal” basis by…
Articles by Northern Miner Staff
Montreal Exchange Lightning zone assays
Drilling of the Lightning gold zone in Harker and Holloway twps. in northeastern Ontario continues to excite operator Noranda and project partner Freewest Resources. Several intersections cutting more…
Superconductors will feature Inco metal alloys
An agreement has been signed between Inco Alloys International (IAI), a division of nickel giant Inco (TSE), and American Superconductor Corp. (ASC) of Massachusetts related to joint development of IA…
Alberta Stock Exchange Galore boosts Yukon
Volume leader during the week ended Aug. 21 was Yukon Minerals which traded more than a million and a half shares for a gain of 12 cents. The Yukon issued closed at 28 cents after the company announce…
Moondust to drill copper-gold bet
A 6,000-ft. diamond drill program is slated to begin shortly on the Webb copper- gold prospect where Moondust Ventures (VSE) can earn up to a 70% interest from Grand America Minerals (VSE). The proper…
Audrey drilling new discovery
The first phase of an underground drilling program on the C lens, discovered near the 1100 lens at the Mobrun polymetallic mine near Rouyn-Noranda, Que., has been completed, Audrey Resources (TSE) rep…
Quintette cuts workforce
As a result of a cost reduction program at the Quintette mine, the company has permanently dispensed with 63 salaried positions and eight hourly positions. The program also includes a temporary layoff…
11 Toronto Stock Exchange Indices
Aug. 21 Aug. 20 Aug. 17 Aug. 16 Aug. 15 HIGH LOW Composite “300” 3457.65 3487.69 3491.90 3509.99 3508.08 4009.47 3334.13 Metals & Minerals 3064.07 3129.37 3147.33 3168.33 3197.88 3453.06 2850.84 Integ…
Metal prices, dollar affect Audrey results
Weak precious metal prices and a strong Canadian dollar were two factors that forced Audrey Resources (TSE) to break out the red ink when reporting its first-half financial results. The Rouyn-Noranda,…
Akiko reports Springpole assays
Joint venture partners Akiko- Lori Gold (VSE) and Noranda (TSE) have reported more low-grade gold intercepts from an ongoing work program at their Springpole property, 70 miles northeast of Red Lake, …
Black Hawk plans 30,000 ft. drill program for Minago
A 20,000-30,000-ft. diamond drilling program is being planned by Black Hawk Mining (TSE) for the company’s Minago nickel property, 140 miles south of Thompson, Man. Black Hawk says the drill contract …
IOCC GOLD OPTIONS (August 27, 1990)
Options Open Series Volume Last Interest Nov. 380 C 304 38.50 747 Nov. 400 C 699 29.00 1,468 Nov. 410 C 772 25.00 1,263 Nov. 420 C 1,074 15.00 2,028 Nov. 430 C 1,115 16.90 1,311 Nov. 440 C 2,623 9.10 …