Ag Armeno plans drill programs in Ecuador
Active in Ecuador since 1985, Ag Armeno Mines & Minerals (VSE) is looking to explore several properties this year. A 10,000-ft. drilling program will get under way soon at the Fierro Urco property, un…
Articles by Northern Miner Staff
Mexican gold project — Manhattan’s Moris ready for
Encouraged by the findings of an independent feasibility report, Manhattan Minerals (VSE) has set about arranging financing to bring a Mexican gold project into production. The Moris project, in the n…
Inter-Rock strikes gold at Daisy
Eight reverse circulation holes of a 21-hole program on the Secret Pass deposit, part of the Daisy Gold project in southern Nevada, have been completed by Inter-Rock Gold (TSE). Of the eight holes dri…
PRODUCER PRICES (January 31, 1994)
ALUMINUM: MW U.S. market US55.25-56.25 cents per lb. (Jan. 13, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Northern Crown hits Zapote gold
An 85-ft. intersection grading 0.10 oz. gold per ton is reported from the Guadalupe property in western Mexico. It is the first hole reported in a 13-hole reverse circulation program on the property, …
Metall may go on the block as German parent restructures
The fallout continues from the restructuring of Germany’s giant resource conglomerate Metallgesellschaft (MG). Rumors circulated this week that MG plans to sell its 50.1% interest in Canadian subsidia…
NEWS ROUNDUP — Brunswick axes staff
Brunswick Mining and Smelting (TSE) has laid off 32 hourly rated employees and 26 staff members at its base metals mine in Bathurst, N.B. Forty-six employees had already left the company voluntarily. …
ODDS’N’SODS — Prospecting, 1990s style (1)
First, my old car of 11 years had to have an oil change, a new oil filter and gas fuel line. Then a train schedule had to be consulted to plan departure dates. Maps, mainly geological, had to be readi…
PEOPLE — METALL MINING
Klaus Goeckmann appointed director.
Rea looks for Hamilton funds
Pending completion of the required financing, Rea Gold (TSE) plans to proceed with the development of the Mount Hamilton gold project in eastern Nevada. In completing a due diligence review, Rea has c…
NEW FRONTIERS IN MINING — With money, mines and projects,
With various mining assets, cash in the bank and two new projects coming on stream this year, Teck (TSE) appears well positioned to reap the benefits of projected improvements in the gold and base met…
METAL PRICES — FREE MARKET (January 24, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 18 Jan. 17 Jan. 14 Jan. 13 Jan. 12 Copper 1829-1830 1830-1831 1806-1807 1700-1761 1778-1779 Lead 496-497 496-497 496-497 483-484 47…