Articles by Northern Miner Staff

Spot prices at a glance (September 12, 1994)

Week’s Price (US) Change Gold* $388.40 + $2.15 Silver* $ 5.51 + $0.15 Platinum* $419.75 + $7.75 Nickel** $ 2.79 $0.00 Lead** $ 0.27 $0.00 Copper $ 1.12 – $0.01 Zinc $ 0.44 $0.00 Courtesy of Scotiabank…


Nelson earning interest in Tajikistan gold venture

Bermuda-based Nelson Trade & Finance (TSE) will acquire Commonwealth & British Minerals, which is involved in a gold-mining joint venture with the Tajikistan government. Nelson already has a 20% stake…



METAL PRICES — FREE MARKET (September 12, 1994)

London Metal Exchange Spot closing prices in $US per tonne Date Sept.6 Sept.5 Sept.2 Sept.1 Aug.31 Copper 2482-2483 N/A 2490-2491 2498-2499 2499-2500 Lead 604.5-604.5 N/A 604.5-605.5 601.5-602.5 589.5…


Wiscan, Yamana to amalgamate

An amalgamation has been proposed involving Wiscan Resources (TSE) and Minera Yamana, a private Canadian company. Under the plan, Wiscan shareholders will hold 10% of the combined company, with Yamana…


Sherritt notes

The outstanding zero coupon convertible subordinated notes of Sherritt (TSE), due in the year 2011, were redeemed Sept. 1 by the company. The aggregate redemption price was about $65.3 million. The re…


GOLD FUNDS (September 12, 1994)

BGR Central Net Value $17.77 $6.81 Price $15.88 $7.50 Premium 10.1% Discount 10.67% Value $144,380,000 $135,744,750…


Miramar drilling tests Con shear extension

Drilling on the downdip extension of the Con shear at the Con mine near Yellowknife, N.W.T., has intersected gold mineralization 500 ft. below the deepest workings. Miramar Mining (TSE), owner of the …



ODDS’N’SODS — The serendipity deposit (2)

Editor’s note: We conclude the story of the discovery of a celestite (strontium sulphate) deposit in Cape Breton in the 1960s. “R.P.M.” refers to R.P. Mills and “Harry” is J.H. Morgan. Harry asked me …




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