EDITORIAL PAGE — Disclosure on diamonds
In the past three months, the market value of Dia Met Minerals has increased to $17 from $7; that of Aber Resources has gone from 25 cents to $2.25 and SouthernEra Resources has soared to over $2 from…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — Saskatchewan’s enviable record
The article “Enviable Ontario safety record” (T.N.M., June 22/92) raises some important points regarding joint responsibility between labor and management to upgrade mining health and safety. Without …
TORONTO STOCK EXCHANGE INDICES (July 06, 1992)
June 29 June 26 June 25 June 24 High Low Composite”300″3375.82 3351.33 3338.55 3339.64 4009.47 3009.91 Metals&Minerals 3126.91 3076.31 3084.89 3101.83 3453.06 2502.63 Integrated Mines3339.93 3277.34 3…
PRODUCER PRICES (July 06, 1992)
ALUMINUM: MW U.S. market US58.25-59.00 cents per lb. (June 18, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (June 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
METAL PRICES — FREE MARKET (July 06, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 29 June 26 June 25 June 24 Copper 1281-1282 1252-1253 1259-1260 1234-1236 Lead …
B.C. mine rescue competitions attract 17 teams
Seventeen teams battled it out at the provincial mine rescue and first-aid competitions recently held at the Fernie ski hill in southeastern British Columbia. Westar Mining’s Greenhills operation edge…
Westray hearing gets under way
An inquiry into the deadly explosion at the Westray coal mine opened June 29 with accusations from a union lawyer that the company and provincial government routinely ignored safety to boost productio…
INSIDER TRADING — Alston exercises Rhonda options
Jan Alston, secretary-treasurer of Saskatchewan diamond explorer Rhonda Mining (ASE), stands to make a substantial profit after exercising options at a considerable discount to the recent market price…
Fluorite benefits from ozone fears
The planned phasing out of chlorofluorocarbons (CFCs) by the year 2000 or earlier has prompted a number of companies to begin exploring and developing fluorite deposits. Fluorite, also known as fluors…
STOCK MARKETS — Dia Met off by $2.50; additional diamond
Western markets managed to hold their ground during the period ended June 29, with the Vancouver Stock Exchange resources index edging up 3.16 points at 543.18, and the composite index posting a modes…
Bard negotiating diamond interest
Trading in shares of Bard Silver & Gold (VSE) remains halted pending the outcome of the company’s negotiations to acquire Stewart Blusson’s minority interest in the Point Lake joint venture in the Lac…
Gem diamonds: from 0.005 to 3,000 carats (Part two of three)
Some of the smallest gem diamonds weigh no more than one-200th of a carat. They are known as “half-pointers.” Though not measuring much over a millimetre, stones half that size are also produced. They…