Cambior looks beyond North America
In its first major exploration project outside North America, Cambior (TSE) is negotiating an agreement involving gold property in Indonesia. Cambior, based in Val d’Or, Que., says it has reached an u…
Articles by Northern Miner Staff
Black Hawk funding (April 30, 1990)
Black Hawk Mining (TSE) has entered into a $1-million flow- through share financing agreement with CMP 1990 Resource Partnership and Co. Ltd. The share pricing of the issue has yet to be determined. B…
Small oversupply foreseen for global copper market
The global copper market, which experienced exceptional years in 1988 and 1989, is poised to move into marginal oversupply during the next two years, says an international securities firm. Shearson Le…
Gold funds as of Apr. 24
MVP BGR Central Capital Net value $11.56% %$5.85% $0.38% Price $9.75% %$6.125% $0.22% Discount 15.66% %4.7% 42.1% Value $68,843,115 $103,048,838 N/A…
People (April 30, 1990)
AMERICAN BARRICK — Alan Hill appointed executive vice- president of operations and Gregory Wilkins, executive vice-president and chief financial officer.
News in Brief (April 30, 1990)
The Centre for Resource Studies at Queen’s University, Kingston, Ont., will receive a $81,525 grant to study the impact of research and development on the province’s mining industry, says Ontario’s Mi…
Spot prices at a glance (April 30, 1990)
Week’s Price (US) Change Gold* $374.80 + $0.10 Silver* $5.02 — $0.07 Platinum* $480.75 + $2.75 Nickel** $4.29 + $0.36 Lead** $0.37 — $0.01 Copper- $1.22 Zinc $0.80 + $0.06 Courtesy of Scotiabank. In…
The Inco barometer
If there’s one company that is synonymous with Canada’s mining industry, it’s Inco. That’s not to say that the nickel producer represents all things about Canadian mining. It doesn’t. Looking at Inco …
Rio Algom wrestles with low-grade N.S. tin mine
After reporting reduced annual earnings of $73.1 million in 1989, Rio Algom (TSE) is preparing for what could well turn out to be another lacklustre year in its profit picture. The company was hit har…
Toronto Stock Exchange Market free fall ends as Goodman ties up (April 30, 1990)
After a week long free fall caused by sky high interest rates and falling profits, the Toronto market finally recovered a small amount of lost ground today, April 25. But investors who are obviously t…
Obituary John McAdam; the Scotsman of Chibougamau
John (Jack) McAdam, a prospector and mine developer active in the Canadian mining industry since the early 1950s, died suddenly April 19. He was 64. .”Everyone feels it’s like a loss in the family,” s…
Westmin moving to secure Tenajon deal
The Premier Gold mine project near Stewart, B.C., may soon be treating higher-grade reserves from the SB gold project owned by Tenajon Resources (TSE). Don McLeod, president of Tenajon, said his compa…