Metal Prices — FREE MARKET (December 07, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 1 Nov. 30 Nov. 27 Nov. 26 Nov. 25 Copper 1427-1428 1450-1451 1450-1451 1419-142…
Articles by Northern Miner Staff
MIM, Japanese partners approve McArthur River
Development of the zinc-lead-silver McArthur River joint venture in Australia’s Northern Territory has been given the green light. Construction of the underground mine, to be started in early 1993, wi…
LATIN AMERICAN ROUNDUP — Carson to acquire Venezuelan
A program of mapping, geochemistry and ground geophysics is being planned by Carson Gold (VSE) for early next year on the Morawana concession in Bolivar state, Venezuela. Already active in the South A…
ROM raises $1.1 million
Pledges and donations worth $1.1 million have been received to construct the mineralogy and geology sections of the McLaughlin Earth Sciences Gallery at the Royal Ontario Museum (ROM). The project is …
LETTERS TO THE EDITOR — Color reflects value of diamonds
Regarding the article “Colored microdiamonds spur investor interest” (T.N.M., Nov. 23/92), it is worth noting that the diamond exploration activity came out of nowhere a year ago and most of us didn’t…
EDITORIAL PAGE — Search for diamonds is a learning process
How much difference did news of the Tenby property core contamination from the Northwest Territories make to the various diamond exploration plays across Canada? Precious little, one would think, judg…
Barrick’s Carlin reserves growing
Exploration by American Barrick Resources (TSE) along the northern Carlin Trend in Nevada continues to expand the company’s gold reserves at a phenomenal rate. Brian Meikle, Barrick’s senior vice-pres…
Increased sales boost Cyprus quarterly earnings
Increased sales of produced copper at higher prices enabled Cyprus Minerals (NYSE) to report a 36% increase in net earnings for its 1992 third quarter from the comparable period a year earlier. The Co…
Arimetco, Breakwater join with NovaGold in copper venture
A joint venture has been formed by Arimetco International (TSE) and Breakwater Resources (TSE) with NovaGold Resources (TSE) to process copper ore from Nova- Gold’s Murray Brook property in northern N…
PEOPLE — TAPPIT RESOURCES
Lawrence Bintner appointed president.
PEOPLE — OASIS/ORIENT RESOURCES
Daniel Chainey appointed director, exploration. N5…
CIM luncheon, MNDM symposium
Guest speaker at the Dec. 7 luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum’s Toronto Branch will be Lars-Eric Johansson. Currently senior vice-president and chief financ…