LME WAREHOUSE LEVELS (September 30, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.16/96 (change from previous week in brackets):Copper256,625 (-11,725)Tin9,975(-150)Lead117,550(+3,100)Zinc549,050(-1,2…
Articles by Northern Miner Staff
Young-Shannon drilling in northeastern Ontario yields strong gold intercepts
Encouraging results from a winter 1996 drill program on its namesake gold property in northeastern Ontario have Young-Shannon Gold Mines (YSG-V) drilling once again.The company has been exploring the …
Taurus snaps up Cassiar area project
Junior International Taurus Resources (ITU-V) will earn a 70% interest in a block of claims near Cassiar, B.C.The company will act as project operator and, initially, earn up to a 50% interest by spen…
Laguna Gold on TSE
Junior Laguna Gold has begun trading its shares on the Toronto Stock Exchange under the symbol LGC.The company owns the Rio Chiquito gold-silver property in north-central Costa Rica. Consisting of 19 …
MOST ACTIVE ISSUES, September 18-24
ExchngVol(000s)CloseLa Rock MngV74610.54Goldstake ExpT…
Spot prices at a glance (September 30, 1996)
Wednesday, September 25, 1996Price (US)Week’s ChangeGold*$383.25+$0.35Silver*$ 4.9…
NEWS IN BRIEF (September 30, 1996)
Rockwealth International Resource (RWR-V) has changed its name to Strathmore Resources (SMR-V).
Financing completed for Caribou mine
Junior Breakwater Resources (BWR-T) has raised sufficient funds to start up the Caribou base metal mine in New Brunswick.The sale of 14.4 million shares at $2.15 each has closed, raising gross proceed…
PEOPLE — WESTERN PREMIUM (September 30, 1996)
Andrew Collings appointed director.
Curator proves up project in Baja
Junior International Curator Resources (IC-T) reports satisfactory results from bulk-sampling of its copper-cobalt deposit in Baja California Sur, Mexico.The results demonstrate that average recoverie…
COMMENTARY — Consulting with aboriginal communities
Aboriginal lands encompass some of the most actively explored mineral areas in Canada, though relations between the mining industry and aboriginal communities have, in the past, ranged from poor to no…
LETTER TO THE EDITOR — Safety assured at Brunswick division
I am writing in response to the article “Noranda curtails output of zinc at Brunswick mine” (T.N.M., Sept. 9/96) which indicates that the safety of the Brunswick mine has been called into question.Pro…