PRODUCER PRICES (August 22, 1994)
ALUMINUM: MW U.S. market US69-71 cents per lb. (Aug. 4, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993). CADM…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — Scientific skills, integrity needed
Regarding your stories covering geochemical disputes associated with gold ores, the infallibility of assay methods approved by government agencies must be considered conditionally false as a first app…
EDITORIAL PAGE — PNG in legal spotlight
It is unusual for a major deposit to go from discovery to production without attracting a lawsuit, and this phenomenon is not confined to North America. An Australian law firm recently launched procee…
NEWS ROUNDUP — Strike ends at Santa Gertrudis
An initial collective bargaining agreement has been ratified between Campbell Resources (TSE) and workers at the company’s Santa Gertrudis gold mine in northwestern Mexico. Operations were suspended o…
Toronto Stock Exchange Indices (August 22, 1994)
— 1994 — Aug 16 Aug 15 Aug 12 Aug 11 Aug 10 High Low Composite “300” 4202.79 4169.73 4175.14 4174.68 4205.08 4609.93 3518.31 Metals&Minerals 3825.26 3800.52 3832.66 3845.35 3907.92 3996.08 3273.56 I…
Summo makes plans for copper prospects
With an initial public offering in the works, Summo Minerals plans to begin drilling its Lisbon Valley property in San Juan Cty., Utah, about 45 miles southeast of here. The company was formed to purs…
New legal action against Westminer
A group of Nova Scotian investors representing Cavalier Capital Corp. has initiated legal action against Westminer Canada and six other defendants. The investors claim to have suffered an $8-million l…
Greenstone raises project funding
Investors have exercised a series of warrants enabling Greenstone Resources (TSE) to raise $2.2 million. The warrants were issued in conjunction with two rounds of financing completed in mid-1992. The…
Correction (August 22, 1994)
A story concerning the Montanore property in Montana (T.N.M., Aug. 15) should have referred to private company Montana Reserves as the project partner of Noranda Minerals. Montana Reserves has a net p…
Drilling ups reserves at Hislop-Beatty
Results from the first five holes of a 37-hole program have increased reserves at the Hislop-Beatty project in northeastern Ontario. Operator Hemlo Gold Mines (TSE) reports that the best intersection …
INSIDER TRADING — Cons. Ramrod officers buy and sell shares
Three senior officers and one director of Consolidated Ramrod Gold (TSE) bought and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director Allan Frame bought 2,00…
Monarch enters into agreements
Two separate agreements have been reached by Monarch Resources (TSE) which allow the company to acquire interests in a Venezuelan property and Argentine properties. Monarch signed a letter of intent w…