Prime starts phase II
Despite the jockeying in the ivory towers of Bay and Howe streets for control of the rich Eskay Creek polymetallic deposit, the drills continue to churn at the property. Operator and 50% owner Prime R…
Articles by Northern Miner Staff
Metal Prices PRODUCER PRICES (June 25, 1990)
ALUMINUM: MW U.S. Market US73.75- 75.00 cents per lb. (Jun. 14, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$3.25-3.35 per lb. (Jun. 14, 1990). C…
Mazarin negotiates second sales deal
A second agreement covering the overseas sales and distribution of graphite has been signed by Societe d’Exploration Miniere Mazarin (ME). Nichimen Canada, a wholly owned subsidiary of Nichimen Corp. …
BRIEFS Ram drilling
Ram Petroleums (TSE) has completed 2,000 ft. of drilling at its wholly owned wollastonite property in Olden Twp. in eastern Ontario. President R.J. Opekar said results from eight holes indicate a zone…
Montreal Stock Exchange Heavy Val d’Or action
Volume was moderate and the market turned downward for the week ended June 19. The mining and minerals index dropped 31.5 points, while the market portfolio was off more than 51 points. Daily trading …
Merchant suggests tires as backfill for Inco mines
Inco Ltd., a pacesetter in its efforts to clean up the environment, may help to rid Ontario of the hazard caused by discarded tires. Laboratory tests are being conducted to decide if tires, ground int…
U.S.REPORT X-Cal options U.S. gold bet
X-Cal Resources (TSE) recently entered into an option agreement allowing it to earn a 50% interest in the Wild Rose property in Nevada from Equinox Resources (TSE). To earn its interest in the gold pr…
Vancouver Stock Exchange Eskay heats up market
The Vancouver Stock Exchange’s resource index is ignoring gold’s lacklustre performance with a jump of almost 15 points during the week ended June 19, closing at 858.75. Gold bulls point to bottom fis…
PEOPLE NWT CHAMBER OF MINES
TOM HOEFER appointed general manager.
Spot prices at a glance (June 25, 1990)
Week’s Price (US) Change Gold* $347.05 — $5.95 Silver* $4.82 — $0.17 Platinum* $473.00 — $11.40 Nickel** $3.88 + $0.09 Lead** $0.38 + $0.01 Copper- $1.15 — $0.01 Zinc $0.77 + $0.01 Courtesy of Sco…
Golden Rule consolidates La Ronge joint ventures
Calgary-based Golden Rule Resources (TSE) has consolidated its ownership interests on various joint venture projects in the La Ronge gold belt of northern Saskatchewan. Earlier this year, the company …
Quebec prospector sued over claims
A Quebec prospector who was ruled to have registered claims under false pretenses several years ago in the province’s Sept Isles area has been sued successfully by the next person to register the clai…