News

ALUMINUM: MW U.S. market US55.50-56.50 cents per lb. (July 22, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…

Junior gold producer Wheaton River Minerals (TSE) has optioned a portion of its Ketza River mine near Ross River, Y.T., to Hemlo Gold Mines (TSE). Hemlo, which will be the operator, can earn a 60% int…

London Metal Exchange Spot closing prices in $US per tonne (copper and lead are no longer reported in pounds sterling per tonne) Date July 27 July 26 July 23 July 22 July 21 Copper 1949-1959 1925-1926…

BGR Central Net Value $13.44 $6.27 Price $12.13 $7.00 Discount 9.78% 11.6% Value $75,283,000 $126,695,100…

I have just reviewed Paul Sarnoff’s July 7 Gold Stock Advisory report on Canadian diamond exploration. I am a retired steel salesman in the U.S. and that seems to put Sarnoff and I in the same class, …

Two Montreal-listed companies, Chesbar Resources and Spirit Lake, have clinched a deal on a third Venezuelan gold property. Known as the July Concession, this prospect covers 2,000 hectares in the act…

A Canadian group has teamed up with a major research and development institute in Ukraine to market technology and advanced materials, including an aluminum-scandium alloy designed for the aerospace i…

The share consolidation when Zahavy Mines (ZVY:ASE) recently changed its name to Xavier Mines (XXX:ASE) was one new share for five old shares. It was incorrectly stated as a one-for-one swap.

A university of Toronto study has found that copper surfaces are effective in preventing zebra mussel attachment. Working at a Lake Erie test site, Professor Jan Spelt of the U of T’s mechanical engin…

I feel that The Northern Miner is the logical spot to comment on the article in the Gold Stock Advisory by Paul Sarnoff, dated July 7. For those who did not read “Canadian Diamond Stocks Can Be Danger…

Ian Rozier, Douglas Hyndman and James Watt appointed directors.

Alfonso Daco appointed vice-president.