U.S. ROUNDUP — Glamis receives Baltic permits
After two years of engineering and permitting, Glamis Gold (TSE) has received construction and operating permits for the company’s Baltic project. The Baltic project is adjacent to the company’s Yello…
Articles by Northern Miner Staff
U.S. ROUNDUP — Rea options BMR ground
A wholly owned subsidiary of Rea Gold (TSE) recently entered an agreement to earn a 50% interest in the Comstock project owned by BMR Gold (TSE). In order to earn the interest, Rea must spend a total …
American Bullion acquires Dot
In concert with the recent acquisition of the Dot copper-oxide property, American Bullion Minerals (VSE) has assigned Zappa Resources (VSE) an option to earn a 50% interest in the property. Zappa can …
Falco announces further cuts
As a result of weak nickel prices, high inventories, increasing costs and poor market outlook, Falconbridge says it will make further production cuts. Combined with previously announced shutdowns in S…
NEWS IN BRIEF (December 07, 1992)
Buffalo Resources Ltd. (BUF:VSE) has changed its name to Kruger Explorations Ltd. (KRU:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis.
Gold Funds (December 07, 1992)
BGR Central Net Value $7.76 $5.18 Price $6.38 $4.70 Discount 17.89% 9.3% Value $44,588,000 $79,074,210…
PRODUCER PRICES (December 07, 1992)
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Nov. 20, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jul. 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…
STOCK MARKETS — Base metal stocks post healthy gain, gold
A mini-rally in the base metal mining sector resulted in a modest gain for The Toronto Stock Exchange during the week ended Dec. 1. In one of its best performances of the season, the metals and minera…
Spot prices at a glance (December 07, 1992)
Week’s Price (US) Change Gold* $335.10 + $0.35 Silver* $ 3.76 $0.00 Platinum* $361.50 + $5.25 Nickel** $ 2.53 + $0.06 Lead** $ 0.21 $0.00 Copper $ 0.98 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
LATIN AMERICAN ROUNDUP — COMBIOL to undergo restructuring
A contract to design a restructuring program for the Bolivian state-owned mining company COMBIOL was awarded recently to consulting firm Pinock, Allen & Holt of Colorado. The project, funded by the Wo…
LATIN AMERICAN ROUNDUP — Aurizon alters La Reyna deal
Ownership of La Reyna copper-gold project in the Mexican state of Sinaloa is being restructured (subject to regulatory approval) to give Aurizon Mines (TSE) a 95% working interest, the company says. T…
STOCK MARKETS — Active Golden Ring hoping to acquire Lac de
The Vancouver Stock Exchange composite and resource indices gained ground during the week ended Dec. 2, after a continuing diamond-related rally. The resource index finished up more than 15 points to …