Drilling continues at San Antonio
At the San Antonio property in Mexico’s Sonora state, drilling continues to return gold values for Laminco Resources (TSE).Recent results include a 105-ft. intersection in hole 79 grading 0.082 oz. go…
Articles by Northern Miner Staff
Commodity index declines in March
A drop in metals prices was partly to blame for a decline in the Bank of Nova Scotia’s commodity price index in March. The all-items index was off 0.8% from the previous month but remained 4% higher t…
Dakota lists stock on Berlin exchange
Gold-producer Dakota Mining (TSE) has listed its common shares for trading on the Berlin Stock Exchange under the symbol “DMC.”The move is intended to increase the stock’s liquidity and enhance the co…
Inco to reactivate Shebandowan mine
Stronger demand for nickel has led Inco (TSE) to reactivate its Shebandowan mine and mill 100 km west of Thunder Bay, Ont.The property has been maintained on a standby basis since the spring of 1992. …
PRODUCER PRICES (May 08, 1995)
ALUMINUM: MW U.S. market US88.9-89.9 cents per lb. (April 28, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (April 20, 1995)…
Royal Gold, partner to search for gold in Eastern Europe
American junior Royal Gold (NASDAQ) and its Athens-based partner, Silver & Baryte Ores Mining, are set to explore for the yellow metal in Bulgaria.The agreement calls for Greek American Exploration, a…
Spot prices at a glance (May 08, 1995)
Wednesday, May 3Week’sPrice (US)ChangeGold*$388.80-$1.05Silver*$5.88+$0.19Platinum*$452.75+$11.75Nickel**$3.17-$0.08Lead**$0.27$0.00Copper$1.25-$0.01Zinc$0.48 $0.00C…
Finding new mineral deposits at depth with 3-D seismics
Geologists and geophysicists at Noranda could be getting a clearer understanding of what lies below the earth, thanks to a promising technology know as “3-dimensional seismics.”The process, used by th…
EDITORIAL PAGE — The Great Canadian Area Play
It is happening all over again — the Great Canadian Area Play, that is.Junior companies are swarming to Labrador to tie up any ground still available in the vicinity of the Voisey Bay nickel-copper-c…
GOLD FUNDS (May 08, 1995)
Gold Funds as of May 2BGRCentralNet Value$17.29$6.83Price$14.75$6.875Discount14.70%Premium0.7%Value$135,186,000$124,432,688…
TSE INDICES (May 08, 1995)
— 1995 –May 2May 1Apr 28Apr 27Apr 26HighLowComposite”300″4297.934292.444279.474273.804282.924320.523983.34Metals&Minerals4022.614070.034097.194041.414066.564337.893273.5…
STOCK MARKETS — Voisey results help snap western markets to life
Speculation fuelled by the Voisey Bay nickel-copper-cobalt discovery in Labrador, combined with renewed interest in diamonds in the Northwest Territories, rallied the western markets for the report pe…