Metal Prices PRODUCER PRICES (February 05, 1990)
ALUMINUM: MW U.S. Market US68.75- 70.50 cents per lb. (Jan. 18, 1990). ANTIMONY: New York dealer US81-84 cents per lb. (Nov. 30, 1989). BISMUTH: New York dealer US$4.40-4.50 per lb. (Dec. 14, 1989). …
Articles by Northern Miner Staff
Metal Prices FUTURES PRICES (February 05, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 97.05 96.10 96.15 — 2.00 Mar 97.30 95.50 95.65 — 1.80 Apr 95.90 95.90 9…
Northern Miner celebrates 75 years in business
A 75th anniversary party for Northern Miner Press became almost as much a farewell party for Richard Pearce, whose family owned the company for 74 of those years, and retiring President Frank Bowles a…
Victoria planning graphite production
Production at a graphite deposit near Portland in southeastern Ontario is scheduled to begin during the first half of this year, Victoria Graphite (COATS) reports. The company recently completed a dri…
Menora in deal with Black Cliff
An agreement has been worked out between Menora Resources (ME) and Black Cliff Mines (TSE) whereby the latter will sell its interests in the Squaw Creek and O’Donnel River placer gold properties to Me…
Louvem fails to have courts stop Aur drilling
Societe Miniere Louvem (TSE) and parent company St. Genevieve Resources (TSE) have failed to have drilling stopped at the Louvicourt Twp. massive sulphide discovery near Val d’Or, Que. But St. Genevie…
Granges exploring Terragold project
Vancouver-based Granges (TSE) is evaluating several gold showings at a former copper producer in the Baie Verte region of Newfoundland, having optioned the property from Terragold Resources (ASE). Und…
LAC gets good values on Jonpol bet
Good grades and widths are being confirmed by underground drilling on the Garrison Twp. gold project owned by Jonpol Explorations (TSE) and T & H Resources (TSE) in northeastern Ontario. The property,…
Startup required partners for Muscocho
The long startup periods required to bring the Magino and Magnacon gold mines to the projected levels of operation and the depressed gold price in 1989 resulted in a substantial cash drain on the owne…
Mazarin acquires exploration arm
A new exploration arm has been acquired by Societe d’Exploration Miniere Mazarin (ME), which wants to concentrate on development of its graphite property near Fermont, Que. Mazarin and Gestion Ressour…
Exploration to commence at Golden Pacific project
Golden Pacific Resources (ASE) says exploration has begun at the Penon Blanco claims on the Mother Lode vein system in Mariposa Cty., Calif. The program is expected to include surface exploration, sur…
Letters to the Editor Freewest, Noranda working near Matheson
A recent article in The Northern Miner entitled “Freewest, Noranda discovery” (T.N.M. Jan. 15/90) is of great interest to the council and residents of the township of Black River-Matheson. The article…