Spot prices at a glance (January 14, 1991)
Week’s Price (US) Change Gold* $390.70 — $1.80 Silver* $4.09 — $0.07 Platinum* $414.25 — $2.00 Nickel** $3.95 + $0.17 Lead** $0.27 — $0.01 Copper- $1.16 — $0.03 Zinc $0.57 Courtesy of Scotiabank….
News
Analysts see flat year for gold, silver
It wasn’t exactly a stellar year in 1990 for the precious metals’ industry and if analysts are correct, 1991 isn’t going to be much better. At least not for gold and silver. Last year, high interest r…
Alberta Stock Exchange Golconda up 16 cents
A porphyry gold prospect in southern California has been acquired by Golconda Resources which rose 16 cents to close at 28 cents on volume of 82,000 shares. Golconda said widespread gold mineralizatio…
Sutton planning to acquire Romanex
An agreement-in-principle has been reached between Sutton Resources (VSE) and the owner of Romanex International for the acquisition of the latter company. If completed, the deal will result in Sutton…
Vancouver Stock Exchange Asiatel benefits from Link option
The Vancouver market indices remained relatively quiet during the report period ended Jan. 8, with little news to help spur activity. The composite index remained virtually unchanged at the 627-level …
Card Lake, Teddy Bear in dispute over claims
A property dispute is heating up between Card Lake Resources (COATS) and Teddy Bear Valley Mines (COATS) over five patented claims situated east of the Lightning gold zone in northeastern Ontario. The…
TSE 300 to list Bema Gold, drop Canamax and Belmoral
Having recently completed an annual review of trading activity on the composite 300 index, The Toronto Stock Exchange is dropping six mining issues from the index and adding one. To disappear from the…
Work completed at Springer bet
A program of prospecting, soil sampling and diamond drilling of five holes has been completed by 50/50 partners Springer Resources (VSE) and Noranda (TSE) on their Glenwood project in Newfoundland. Th…
600 gather as Hall of Fame inducts 9 mining legends
The Canadian Mining Hall of Fame awards ceremony, the industry’s annual tribute to its most distinguished citizens, just keeps on getting bigger. At the recent third annual dinner function at Toronto’…
EDITORIAL PAGE GST is an improvement
Nobody likes to be taxed, and additional taxation is impossible to justify as long as government spending remains out of control. Nevertheless, the public outcry that arose when Ottawa’s new goods and…
The Science of Discovery
This issue of The Northern Miner Magazine marks the first step in our sixth year of existence. As soon as you turn the pages, you’ll see a difference in content (though not in style). For example, thi…
Calendar (January 01, 1991)
Feb 3-7, Las Vegas, Nev. 17th Annual Conference on Explosives & Blasting Techniques and 7th Annual Symposium on Explosives & Blasting Research. At Caesar’s Palace. Contact Society of Explosives Engine…