Adonos, Bellex negotiate merger
Juniors Adonos Resources (TSE) and Bellex Mining (VSE) have agreed conditionally to an amalgamation of the companies, subject to shareholder and regulatory approval. The name of the amalgamated compan…
Articles by Northern Miner Staff
METALS PRICES — FREE MARKET (November 16, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 Copper 1406-1408 1384-1385 1397-1398 1431-1432 1…
TSE INDICES (November 16, 1992)
Nov. 10 Nov. 9 Nov. 6 Nov. 5 Nov. 4 High Low Composite”300″3277.20 3293.76 3299.77 3339.76 3344.80 4009.47 3009.91 Metals&Minerals 2658.59 2684.85 2702.84 2727.68 2742.64 3453.06 2502.63 Integrated Mi…
Viceroy increases output, earnings
Increased gold production at the Castle Mountain gold mine enabled Viceroy Resource (TSE) to boost its second-quarter earnings by 28% to $1.5 million from $1.2 million earned during the first quarter….
Agreements halt shipments of CIS uranium to U.S.
The recently concluded agreements between the governments of the U.S. and of six uranium-producing republics of the Commonwealth of Independent States (CIS) will have a positive impact on the uranium …
PRODUCER PRICES (November 16, 1992)
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Oct. 29, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…
Drill turns at Lewis Ponds
Drilling is under way on the Lewis Ponds property in southeastern Australia, reports Tri Origin Exploration (TSE). The 1,000-metre program will consist of widely spaced stepout holes around hole TLPD-…
OBITUARY — Roy Aitken spearheaded cleanup
Mining executive of Inco Ltd. for more than two decades, W.R.O. (Roy) Aitken died Nov. 5 after a brief illness. He was 60. Aitken was appointed assistant to the chairman and chief executive officer la…
B.C. unveils new labor code
British Columbia’s mining industry is expressing concerns about Bill 84, the new labor relations code introduced in the provincial legislature in late October. Tom Waterland, president of the Mining A…
LETTERS TO THE EDITOR — Giving credit where it is due
The article “Madsen puts hope in `Mr. Chibougamau'” (T.N.M., Oct. 26/92) appears to give credit where credit is due. That is often the case when a single source is quoted. In the article, Ram Kanwar i…
LETTERS TO THE EDITOR — Rooting for Bern Brynelsen
Bern Brynelsen was listed as a candidate for election to the Canadian Mining Hall of Fame (T.N.M., Sept. 21/92). Contrary to your report, he did not play a large part in the discovery and development …
LETTERS TO THE EDITOR — Speaking out for grubstakers
In Canada’s mining industry, panning the prospectors is surely a disgraceful exercise. Natural resources are the basis of Canada’s wealth. But without the vision of explorers, prospectors and speculat…