Idaho property attracts new player
A new partner is at hand for the Almaden property in western Idaho.K.-based Compass Capital can earn a 60% interest from Ican Minerals (TSE) by funding a final feasibility study, to be completed by Fe…
Articles by Northern Miner Staff
Weaker copper prices predicted
The global copper market will experience a surplus next year, causing average cash prices to fall below US$1 per lb., according to industry analyst Bloomsbury Mineral Economics.In its latest monthly r…
EDITORIAL PAGE — A good deal for Canada
Inco’s recent decision to acquire a 30% direct and indirect interest in the Voisey Bay project is an extraordinary deal for Diamond Fields Resources, which retains a majority stake in the deposit and …
Mines in B.C. play it safe
Mines Minister Anne Edwards presented safety awards to 10 British Columbia mines during the province’s Mining Week.The Occupational Health and Safety Committee trophy for the best overall health and s…
Odds ‘n’ Sods — Balancing the books at Pioneer
The Main vein, a magnificent, gold-bearing structure which had sustained the Pioneer mine for more than 20 years, was coming to an end at a vertical depth of 4,500 ft. However, a new structure, the 27…
Coal demand on the increase
Tight supply and rising demand will result in a rise in world coal prices over the next two years, according to trade sources at an international coal conference held recently in Indonesia.Roger Wicks…
Welcome North tops up treasury
A private placement of 7.2 million units priced at 25 cents each gives Welcome North Resources (VSE) working capital to fund acquisitions.The company will seek shareholder approval for a 1-for-8 rollb…
Toronto Stock Exchange Indices (June 19, 1995)
— 1995 — June 13June 12June 9June 8June 7HighLowComposite”300″4492.104466.834463.554479.904476.334494.093983.34Metals&Minerals4322.544324.164301.784342.394350.524409.893273.56I…
Spot prices at a glance (June 19, 1995)
Wednesday, June 14Week’sPrice (US)ChangeGold*$386.80+$2.15Silver*$5.37+$0.03Platinum*$436.60+$4.45Nickel**$3.46-$0.05Lead**$0.28+$0.01Copper $1.31+$0.01Zinca$0.45$0.00Cour…
Gold Funds (June 19, 1995)
Gold Funds as of June 13BGRCentralNet Value$17.54$6.74Price$14.13$7.00Discount19.49%Premium3.9%Value$137,163,000$126,695,100…
STOCK MARKETS — Western markets backtrack as Voisey Bay play evolves
Western markets finished the week ended June 13 somewhat mixed amid continued investor interest in Labrador’s Voisey Bay nickel-copper-cobalt area play.The Vancouver Stock Exchange resource index gain…
Franc-Or exploring Saul-Sophie
Sampling, trenching and diamond drilling are under way in the Repentir sector of Franc-Or Resources’ (TSE) Saul-Sophie gold property in French Guiana.Many of the trenches have yielded encouraging valu…