TAC askks for papers
The Tunnelling Association of Canada (TAC) will hold its 8th annual general meeting Nov. 1-2. Submit abstracts of papers, in English or French, on technical advances in designing and constructing unde…
Articles by Northern Miner Staff
Metal prices rebound after sharp decline
A 4.9% slide in the metals and minerals sub-index contributed to a small drop in Scotiabank’s January all-commodity price index. The all- items index, off by 1.6% from December, is down by 13% from Ja…
People (March 05, 1990)
INTERNATIONAL COPPER ASSOCIATION — Dr. Nathan Church appointed technical director, metallurgy, succeeding Dr. Dale Peters who has jointed the Copper Development Association.
Deep drilling for Tache zinc-gold bet
After completing a 5,200-ft. drillling program on the Tache zinc- gold prospect near Chibougamau, Que., Bitech (ASE) says further deep drilling is warranted to test the property below the 600-ft. hori…
Spot prices at a glance (March 05, 1990)
Week’s/qc/ Price (US) Change/tf/01 Gold*/tf/01 $409.10 $11.50 Silver*/tf/01 $ 5.12 $ 0.22 Platinum*/tf/01 $511.50 $19.65 Nickel**/tf/01 $ 3.42 + $ 0.14 Lead**/tf/01 $ 0.39 + $ 0.01 Copper $ 1.11 + $ 0…
Metal Prices (March 05, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21 Copper 1442-1443 1441-1442 1430-…
Franco-Nevada to issue half a million warrants
Toronto-based Franco-Nevada Mining (TSE) says it has agreed to issue 500,000 special warrants at $20.75 each. First Marathon Securities and Gordon Capital Corp. have agreed to purchase the special war…
FUTURES PRICES (March 05, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScents per lb.) Mar113.75 111.50 111.90 1.10 Apr110.50 108.80 108.90 1.35 May107.40 105.80 106.75 SILVER (in UScents per oz.) Mar5…
Toronto Stock Exchange Indices (March 05, 1990)
Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21 HIGH LOW Composite “300” 3660.28 3649.49 3652.59 3668.62 3672.46 4009.47 3649.49 Metals & Minerals 2946.90 2947.75 2921.03 2936.26 2959.23 3453.05 2921.03 Integ…
Magma’s 1989 results record for company
Despite lower production at its Pinto Valley Division, Arizona- based Magma Copper (NASDAQ) achieved record earnings last year. Magma’s net income for the year ended Dec. 31 was US$58.5 million or US$…
Editorial Capital gains should reflect reality
With the wave of a hand Finance Minister Michael Wilson has swept away the Canadian Exploration Incentive Program (CEIP), a system of grants upon which many mineral exploration companies had based the…
Gold funds as of Feb. 27
MVP BGR Central Capital Net value $12.54% –$6.49% $0.43 Price $11.00% –$6.625% $0.37 Discount 12.28% 2.1%5 –14% Value $74,634,533 $109,330,469 N/A…