Rio Algom weighing buyout of Uranium Resources
Dallas-based Uranium Resources (TSE) recently confirmed that a U.S. subsidiary of Rio Algom (TSE) is a potential buyer for all its outstanding shares. The company’s non-binding letter of intent with R…
News
GSC Forum 90
The Geological Survey of Canada’s Forum 90 will be held Jan 15-17, 1990, in Ottawa, Ont. The theme will be the Survey’s work in the Arctic. Talks and post er presentations will follow the forum. Popul…
Metal Prices (November 06, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 31 Oct 30 Oct 27 Oct 26 Oct 25 Copper 1724…
Southam buys The Northern Miner
The Southam Business Information and Communications Group Inc. and Mr Richard Pearce have announced that Southam has purchased The Northern Miner weekly newspaper and other publications, along with No…
News in Brief (November 06, 1989)
Rio Algom (TSE) has declared a semi-annual dividend of 52.5 cents , an increase of 10 cents , on its common shares, payable Dec 4 to shareholders of record Nov 10.
Orient claims
Junior Ressources Orient (ME) has purchased 15 claims in Grevet Twp., near Matagami, Que., in return for 250,000 company shares. The claims lie about 2.5 miles southwest of the VSM/Serem Quebec polyme…
International exhibition
Arcus and the University of Lulea, Sweden, are inviting speakers and delegates to the first Swedish international exhibition on arctic airport and high technology in winter climate. The show and confe…
Crown Butte, Noranda compiling results on Montana property
Evaluating a mass of recent drill results from the New World gold- silver-copper property in Montana will be a welcome task for partners Crown Butte Resources (VSE) and Noranda Inc. (TSE) this winter….
St. Genevieve to earn 50% in Wrightbar copper bet
A subsidiary of Montreal-based St. Genevieve Resources (TSE) has agreed to earn a 50% interest in the southern half of a Val d’Or, Que., area copper project held by Wrightbar Mines (ME). Situated in B…
LAC’s global ore search focusses on Chilean mine
To find some of LAC Minerals (TSE) recent exploration highlights, you have to look to South America, specifically southern Chile, where the company’s Toqui zinc mine is. When The Northern Miner tried …
Toronto Stock Exchange Senior gold issues rack up solid gains
Senior golds continued to make healthy gains, leading the composite index to a 16.97-point gain on Nov 1. The gold and silver index advanced 83 points to close at 6571.44 points — up more than 8% thi…
Minefinders starts drilling program
Drilling is under way on two exploration projects in Quebec, Minefinders Corp. (VSE) reports. Drilling on two other Quebec properties is scheduled to commence before the end of the year. An $800,000…