Metal prices return to 1991 lows
The metal and mineral sub-index of Scotiabank’s commodity price index dropped substantially again in October. After improving earlier in the year, most base metals have returned to late 1991 lows. Cop…
Articles by Northern Miner Staff
Latest Dia Met finds leave analysts dazzled
The news from Dia Met Minerals’ (TSE) Lac de Gras diamond property in the Northwest Territories just keeps getting better. Results from core and surface samples on the company’s claim block indicate t…
Falconbridge intersects pyrite-rich sulphides
Drilling by Falconbridge on the “A” Group of property owned by White Star Copper Mines (CDN) northwest of the Kidd Creek base metal mine in the Timmins, Ont., area intersected heavy sulphide mineraliz…
No trump deal
An agreement to acquire a 100% interest in 993059 Ontario Inc. from Kenora Prospectors & Miners (CDN) and a Toronto investor group has been cancelled, Trump Reserve Minerals (ASE) reports. Trump also …
New high-grade zone uncovered at South Pipeline
The South Pipeline gold project is being enhanced by continued exploration drilling and the recent discovery of a deeper high-grade gold zone. The new discovery was announced by Royal Gold (NASDAQ), a…
Granada bulk sample encouraging
Montreal-based juniors KWG Resources (ME) and SEG Exploration (ME) have announced that initial processing of a 20,000-ton bulk sample from their jointly owned Granada gold property near Val d’Or, Que….
Coniagas amalgamation postponed
A special and annual meeting of shareholders of Anglo Dominion Gold Exploration (TSE), The Coniagas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Quebec Sturgeon River Mines (TSE) to approv…
Canadian Mining Hall of Fame to induct nine
Nine more individuals are to be inducted into The Canadian Mining Hall of Fame on Jan. 11, 1993, says the Hall’s board of directors. They were chosen from a nomination list of 17 candidates. The induc…
Australia holds conference on health, safety
Minesafe International 1993 will be held in Perth, Western Australia, March 21-26. Focus is on occupational health and safety in the minerals industry. The conference is organized by the Chamber of Mi…
STOCK MARKETS — Dia Met touches $55 after release of new
Trading today, Dec. 9, was marked by extreme volatility in the diamond stocks after Dia Met Minerals and partner BHP Minerals Canada released results from nine more diamond-bearing kimberlite pipes on…
Spot prices at a glance (December 14, 1992)
Week’s Price (US) Change Gold* $333.40 – $1.70 Silver* $ 3.71 – $0.05 Platinum* $363.50 + $2.00 Nickel** $ 2.53 $0.00 Lead** $ 0.21 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
LETTERS TO THE EDITOR — B.C. needs `prospector’s
In the article “NDP killing mining” (T.N.M., Nov. 16/92), M.R. Brown points out that the New Democratic Party is hurting mining in Ontario and British Columbia. However, he did credit Ontario with pro…