Lebel-sur-Quevillon area heats up
In an attempt to either shore up ground positions or acquire interests therein, several companies are making deals for properties east of Lebel-sur-Quevillon, Que. Interest in the area in the province…
Articles by Northern Miner Staff
Zinc conference set for Florida
Emerging trade issues that affect zinc will be highlighted at the 1995 International Zinc Conference of the American Zinc Association (AZA). The conference is set for Feb. 19-22 in Ft. Lauderdale, Fla…
Crystallex/Eurus deal stalls
Shareholder dissent appears to be stalling a deal which was to result in Crystallex International (VSE) becoming the sole owner of the Albino gold concession in Venezuela. Certain minority shareholder…
Minefinders reports values from Sonoran gold property
A 160-lb. bulk sample collected from a structure on Minefinders’ (VSE) Lista Negra property in Mexico’s Sonora state has yielded significant silver values. The average grade of the sample was 8.6 oz. …
Atna vends Yukon ground to Westmin
Under a joint-venture agreement, Westmin Resources (TSE) can earn a 60% interest in the Foot, Pak and Toe properties in the Yukon. It can do so by spending $3 million and making certain cash payments …
Encouraging values at La Victoria
Drilling on the Victoria zone of the Venezuelan property known as Lo Increible is returning values for El Callao Mining (VSE). Highlights include a 51.5-ft. interval grading 0.13 oz. gold per ton in o…
Mine accidents claim two workers
Accidents at two gold mines, the Giant in the Northwest Territories and the Casa Berardi in Quebec, claimed the lives of two miners early in the new year. At the Giant mine of Royal Oak Mines (TSE) in…
Aronos options old Mexican mine
A deal has been signed enabling Aronos Multinational (CDN) to acquire three claims in Mexico’s Sonora state. The vendor will retain a 2% net smelter return royalty. The 448-hectare property, known as …
Cdn. Mining options Lynx Lake
An option agreement enables Canadian Mining Resources (ASE) to gain a stake in the Lynx Lake gold property held by Leeward Capital (VSE). Canadian can earn a 40% working interest by issuing 50,000 sha…
El Bravo acquiring Chilean project
Junior El Bravo Gold Mining (VSE) has agreed to acquire the Chanaral copper concession in northern Chile through the reverse-takeover of the Chilean company Southern Cross S.A. The number of shares to…
PRODUCER PRICES (January 16, 1995)
ALUMINUM: MW U.S. market US93.5 cents-94.5 per lb. (Dec. 30, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.10 per lb. (Dec. 23, 1994). …
METALS COMMENTARY — Base metals continue to advance
Markets opened the year in good shape, with base metal prices, in particular, continuing to inch upwards. The metal price upsurge reflects burgeoning demand by consumers in most markets. Europe and Ja…