Articles by Northern Miner Staff

Spot prices at a glance (October 31, 1994)

Week’s Price (US) Change Gold* $388.80 – $0.20 Silver* $5.31 – $0.05 Platinum* $420.70 + $3.55 Nickel** $3.26 + $0.19 Lead** $0.30 + $0.01 Copper $1.20 + $0.06 Zinc $0.50 + $0.02 Courtesy of Scotiaban…


Gold Funds (October 31, 1994)

BGR Central Net Value $18.52 $6.81 Price $14.38 $7.00 Premium 2.8% Discount 22.39% Value $150,490,000 $126,695,100…


Mexican venture for Cambior

Montreal-based Cambior (ME) will enter a joint venture with Aurizon Mines (VSE) concerning the latter’s La Reyna copper-gold property in Mexico’s Sinaloa state. Situated 30 km east of the port city of…


PRODUCER PRICES (October 31, 1994)

ALUMINUM: MW U.S. market US80.5 cents-82.00 per lb. (Oct. 13, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.30 per lb. (Sept. 29, 199…


Canmine calculates tonnage

Following a summer drill program, Canmine Resources (ASE) has calculated a reserve figure for the Island zone on its Fer polymetallic property near Flin Flon, Man. Based on an area of influence of 50 …


Chase drilling T’Boli prospect

A first phase of drilling is under way at the T’Boli gold prospect on the Philippine island of Mindanao. Chase Resource (TSE) has a 40% interest in the company that owns the project, and holds an opti…


NEWS ROUNDUP — Canarc adds to Guyana holdings

By acquiring the 2,800-hectare Baramita gold property, Canarc Resource (VSE) can increase substantially its holdings in the Guyana Shield. To do so, it must spend $700,000 exploring the property, situ…



NEWS ROUNDUP — Jordex expands Brazilian holdings

Toronto-listed Jordex Resources has augmented its South American holdings by acquiring, through a wholly owned subsidiary, two concessions in the central Brazilian Shield. The Pontes E Lacerda concess…



MINING IN MEXICO — Tizapa prepared for production

The Tizapa polymetallic project southwest of Mexico City underwent test operations this summer in preparation for commercial production. Owned 54% by Industrias Penoles, 39% by Dowa Mining and 10% by …



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