Inco develops nickel foam
Nickel giant Inco has a new value-added product: nickel foam. In the research phase for the past two years, nickel foam has been under development at Inco’s Copper Cliff refining nickel circuit in nor…
Articles by Northern Miner Staff
NEWS ROUNDUP — Argosy, Fleck in joint venture
In an attempt to diversify, Argosy Mining (VSE) has formed a joint venture with Fleck Resources (VSE) to acquire a 60% interest in the Dunka Road copper-nickel deposit in Minnesota. To do so, Argosy m…
STOCK MARKETS — Higher bond yields drag down TSE
Strengthening bond markets had a negative impact on the Toronto Stock Exchange over the 5-day reporting period ended Oct. 25. The composite 300 index dropped 73.19 points to end the week at 4,242.77. …
NEWS ROUNDUP — Birim acquires private Exroy
CDN-listed Birim Goldfields has taken over Exroy Resources, a private company. The shareholders of Birim exchanged all their securities in the company for treasury common shares and warrants of Exroy….
Homestake advances Ruby Hill
In just three short years, Homestake Mining (NYSE) has developed a geological inventory of about 1.6 million oz. gold within a district previously known for its silver and base metal mineralization. H…
TSE Indices (October 31, 1994)
— 1994 — Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 High Low Composite”300″ 4242.77 4266.02 4285.13 4319.77 4320.79 4609.93 3518.31 Metals&Minerals 4159.84 4192.94 4254.27 4278.02 4242.97 4289.04 3273.56 In…
Denison receives trade approval
Since filing financial statements, Denison Mines (TSE) has been granted approval by securities commissions to have its common and preferred shares resume trading on the Toronto and Montreal stock exch…
Opawica options ground to Shamrock
Australian-based Golden Shamrock Mines can earn a 60% stake in the Enchi-Wiawso and Asankrangwa reconnaissance licences in Ghana. The properties are held by Opawica Explorations (TSE). The 1,500-sq.-k…
Digital dataset of China planned
The Aero Geophysical Survey and Remote Sensing Centre (AGS/RSC) of China’s Ministry of Geology and Mineral Resources has joined with Paterson, Grant & Watson of Toronto to produce a digital dataset of…
Namibia awards contracts for airborne survey work
Two companies have won contracts to acquire, process and market high-resolution airborne geophysical data over selected areas of Namibia. The Geological Survey of Namibia says the survey work by Compa…
STOCK MARKETS — VSE indexes in slide; gold moves sideways
A review of the trading activity on the Vancouver Stock Exchange for the period ended Oct. 25 reveals a string of negative signs as the market continues to retrench. The resource index lost almost 23 …
Fairfield program
With the completion of the 1994 open pit mining program at the Siwash North gold mine, near Merritt, B.C., Fairfield Minerals (TSE) will begin a $1.5 million underground program. Ore sales to the Asar…