Roycefield advances Beaver Brook
With the mining lease now secure, Roycefield Resources (RYC-T) is well on its way to bringing the Beaver Brook antimony property into production. The company hopes to start production during the middl…
Articles by Northern Miner Staff
Homestake gains foothold in Alaska
The acquisition of two exploration properties in the Fairbanks district marks Homestake Mining’s (HL-N) first foray into Alaska.The major entered into an agreement in principle with Silverado Mines (G…
Royal Oak closing Hope Brook
Royal Oak Mines (RYO-T) will close the Hope Brook gold mine in southwestern Newfoundland next year and relocate the mill and mine equipment to its Matachewan gold project in Ontario.Hope Brook’s reser…
St Andrew boosts reserve at Taylor
Based on new results from the Taylor Twp. gold property in northeastern Ontario, St Andrew Goldfields (SAS-T) hopes to double possible reserves in one zone.One of the holes drilled in the West Porphyr…
Mining costs now available on net
The Internet’s world-wide web features free mining cost analyses and related data through a service provided by U.S.-based Western Mine Engineering.The new web site is designed to provide data related…
GSC plans research forum for ’97
The Geological Survey of Canada (GSC) will host a forum from Jan. 20 to 22, 1997, at the Ottawa Congress Centre.Entitled “1997 Current Activities Forum,” the conference will offer research findings re…
NEWS IN BRIEF (November 18, 1996)
Acabit Exploration (ACX-M) has changed its name to Western Pacific Mining Exploration (WPC-M).
Use of silver in coinage dropped throughout world in 1995
The U.S., Germany and Mexico were the largest consumers of silver for coinage in 1995, according to Modern Silver Coinage 1995, a report released by The Silver Institute.The U.S., which replaced Mexic…
STOCK MARKETS — Western indices movin’ on up
The Vancouver Stock Exchange composite index rose 19.4 points over the report period ended Nov. 12 to close at 1,154.5, while the resource index tacked on 9.97 points to finish at 2,345.12.At the requ…
STOCK MARKETS — Mines rebound to outpace market
The gold and base metal issues on the Toronto Stock Exchange finally bounced back after several weeks on the canvas to lead the market. Over the report period Nov. 6-12, the TSE 300 composite index ga…
LME WAREHOUSE LEVELS (November 18, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 11/96 (change from previous week in brackets):Copper109,175(-12,000)Tin9,580(-240)Lead114,975(-1,300)Zinc537,475(-3,55…
LETTER TO THE EDITOR — Investors are the real victims of salting
I must comment on a recent editorial (“Exporting Expertise” in T.N.M., Oct.21/96) in order to prevent any misunderstandings about the quality of analyses in our FILAB laboratories, which carried out t…