Metal Prices FREE MARKET (November 12, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 30 October 29 October 26 October 25 October 24 Copper 1348-1350 1356-1358 14…
Articles by Northern Miner Staff
U.S. REPORT Galactic pours first gold at Ivanhoe on modest scale
The Ivanhoe gold project sits at the northern end of the Carlin trend, a block of Nevada wilderness now famous in mining circles around the world. The trend is host to such large producers as Newmont …
Alta looking at deal with Magma excluding Echo Bay
A letter of intent may lead to an agreement between Alta Gold (NASDAQ) and Magma Copper (AMEX) for the purchase of the Robinson mining district from Kennecott. The district is a package of land encomp…
Oil prices boost BP Canada’s income up in third quarter
The third-quarter income of BP Canada (TSE) got a boost from higher oil prices and the sale of its 30% stake in the Mt. Milligan copper-gold joint venture in British Columbia. BP’s net income for the …
Marshall to sell Brunswick zinc bet
Marshall Minerals (ASE) in Niagara Falls, Ont., has hung the “for sale” sign on its Restigouche lead-zinc-copper deposit in New Brunswick. Having already approached a number of potential buyers includ…
Anti-mining plans defeated in U.S.
Officials at Northgate Exploration (TSE) and MinVen Gold (TSE) breathed a sign of relief when anti-mining initiatives in California and South Dakota were defeated recently. In Nov. 6 state elections, …
Recent expand gold zone at Total Energold project
Recent drilling by Total Energold (TSE) on Northway Explorations’ (TSE) Noyon Twp. gold claims in northwestern Quebec has expanded the potential of the property’s RJ zone. Hole 102, which probed a wes…
U.S. REPORT Vinta returning consistent wide intersects at Illinois
The remaining holes from a 38-hole drilling program on the Illinois Creek project in the western interior of Alaska have returned wide intersections of gold-silver mineralization. The drilling program…
Companies weigh pros, cons of autoclaving, bioleaching
Both processes eliminate toxic gas emissions, convert sulphur as well as arsenic into more stable compounds and discharge them into tailings ponds on site. While autoclaving is generally more expensiv…
Ontario explorationists struggle with new work permit
A multi-use work permit introduced in Ontario some 12 months ago is causing much consternation within the mineral industry. The permit, created under Bill 137 (an Act to Amend the Public Lands Act), g…
American Barrick boosts Horsham
Investments in oil and gold- producing affiliates, including American Barrick Resources (TSE), continue to pay off for Toronto-based Horsham (TSE). Thanks to the strong operating performance of 60% ow…
Correction (November 12, 1990)
BMR Gold (ASE) says its America Mine project in California hosts preliminary reserves of 3.97 million tons grading 0.087 oz. gold per ton or about 346,000 oz. in situ. Incorrect figures were published…