EDITORIAL PAGE — The vicissitudes of nickel
In June, nickel prices were relatively steady at above US$2.40 per lb. That isn’t a price to provoke a Mike Sopko, the Inco chief, or Falconbridge’s Frank Pickard to break out the champagne. In fact, …
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — Diamond find at Ile Bizard
I am writing in response to several references in your newspaper during the past year concerning the kimberlite and diamondiferous pipes on Ile Bizard at Montreal. Many of the articles infer there is …
METAL PRICES — FREE MARKET (October 25, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Oct. 19 Oct. 18 Oct. 15 Oct. 14 Oct. 13 Copper 1608-1609 1632-1633 1680-1681 1679-1680 1679-1680 Lead 381-382 389-390 391-392 396-398 40…
Toronto Stock Exchange Indices (October 25, 1993)
— Week — Oct 19 Oct 18 Oct 15 Oct 14 Oct 13 High Low Composite”300″ 4174.68 4188.71 4182.58 4144.96 4111.79 4193.97 4105.39 Metals&Minerals 3040.32 3022.16 3005.18 2967.95 2941.15 3044.78 2931.01 In…
Tri Origin completes drilling on Sault area gold project
A 12-hole program of 2,408 metres has been completed at Tri Origin Exploration’s (TSE) Sault gold project. Drilling on the property, 90 km north of Sault Ste. Marie, Ont., was followed by down-hole el…
Court approves Claude settlement
A settlement proposal to unsecured creditors of Claude Resources (TSE) has received court approval. Having paid the bankruptcy monitoring trustee $390,000, which is being allocated to unsecured credit…
STOCK MARKETS — Yamba Lake results boost western market
Positive assay results from the Yamba Lake diamond discovery gave the weakening diamond exploration market a bit of a boost over the week ended Oct. 18. That combined with a move in bullion to the US$…
Financing (October 25, 1993)
Curlew Lake Res. — 1,200,000 shs @ 42 cents. Adobe Res. — 1,500,000 shs @ 10 cents. Callisto Res. — 1,600,000 shs @ 10 cents. Detector Res. — 1,700,000 shs @ 10 cents. Grantham Res. — 1,700,000 s…
Morgain completes private placement
A private placement of up to $3.96 million has been arranged to fund a prefeasibility study on the Cuatro Hermanos copper property in Mexico’s Sonora state, reports Morgain Minerals (VSE). The placeme…
Aur drilling for diamonds in N.W.T.
Drilling has begun on the McConnell diamond project, northeast of Yellowknife, N.W.T. The property, a joint venture among Aur Resources (TSE), Thunderwood Resources (TSE), Consolidated Abitibi Resourc…
Comstate arranges special warrant private placement
A private placement of 5.5 million special warrants at $1.05 each has been arranged by Comstate Resources (TSE). Each warrant will be exchangeable for one common share of Comstate at no additional cos…
Republic funding
Republic Goldfields (ME) has arranged US$1.575 million in equity financing. It consists of a private placement, outside North America, of up to 700,000 units at US$2.25 each. Each unit consists of one…