Formation acquires massive sulphide
Several major mining companies are reported to have expressed an interest in the Black Pine copper-cobalt-gold massive sulphide project recently acquired by Formation Capital (VSE) in the Blackbird mi…
Articles by Northern Miner Staff
Juniors raise cash for diamond hunt
As a crew from Aber Resources (TSE) started ground checking geophysical targets on the Diavik joint venture property at the end of June, two other juniors arranged financing for diamond projects in th…
LATIN AMERICA — Joint turnkey operation planned
Montreal-based SNC-Lavalin Inc. and Simon-Carves Ltd. of the United Kingdom have joined forces to supply turnkey sulphuric acid plants mainly in Central and South America and in Canada using the Monsa…
New Canamin drops Poplar
Having completed a limited amount of drilling on the Poplar property near Houston, B.C., New Canamin Resources (VSE) has decided to drop its option and concentrate on its Huckleberry property 25 miles…
Drop of gold price a South African tragedy
Recession has hit South Africa’s mining industry hard, forcing down the price of gold, the closure of mines and the laying off of about 100,000 miners since retrenchment began in September, 1990. “The…
Aspirations of the North
The Lac de Gras staking rush has quickened a largely unpopulated and undeveloped area to life after Dia Met Minerals and BHP-Utah Mines announced that the 160-ton sample from their find contains gem-q…
Spot prices at a glance (July 06, 1992)
Week’s Price (US) Change Gold* $343.40 – $0.60 Silver* $ 4.03 – $0.01 Platinum* $378.50 + $11.90 Nickel** $ 3.40 + $0.17 Lead** $ 0.28 + $0.03 Copper $ 1.11 + $0.05 Zinc $ 0.61 + $0.02 Courtesy of Sco…
Wye intersects gold values in three holes
Recent drilling on Wye Resources’ (CDN) Saganaga Lake gold property, about 70 miles west of Thunder Bay, Ont., has intersected gold values of up to 0.53 oz. over narrow widths. Results of three shallo…
Osborne issues US$1-million debenture
Shareholders of Osborne and Chappel Goldfields (TSE) have approved the issuance of a US$1-million debenture to Zebrex Holdings, the largest shareholder of Osborne and Chappel (OCG). Zebrex increased i…
METALS MARKETS — LME sets pace for world metal prices
London Metal Exchange (LME) prices and stocks continue to preoccupy investors, investment funds, speculators, scrap merchants, producers and consumers, all legitimate buyers and sellers of metal contr…
PEOPLE — WELCOME NORTH
R. Angus appointed director.
PEOPLE — BRIGADIER RESOURCES (July 06, 1992)
Jack Capstick appointed director.