PRODUCER PRICES Metal Prices (January 22, 1990)
ALUMINUM: MW U.S. Market US72.00 cents – 73.00 cents per lb. (Jan 11, 1990). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Articles by Northern Miner Staff
Freewest, Aurogin deal
Aurogin Resources (VSE) has granted an option to Freewest Resources (ME) and Maple Creek Mines, a private company. It gives the latter two companies the right to earn a 50% interest in a base metals p…
Montreal Exchange Indices well off
Investors lost ground in active trading for the week ended Jan. 16, with the market portfolio tumbling more than 38 points and the mining and minerals index declining more than 19 points. Daily volume…
Edinburgh to host IMM Council in July
The 14th Congress of the Council of Mining and Metallurgical Institutions will be held July 2-6 in Edinburgh, Scotland. The focus will be the expanding range of minerals and materials required by cont…
Four drill programs for Central Crude
Central Crude (TSE), which is moving ever closer to the Hemlo Gold Mines (TSE)-Noranda (TSE) fold, is also becoming much more active in the exploration field, with Noranda as operator. Central Crude n…
Vancouver Stock Exchange Kokanee makes gains
Economists have been warning that a recession is just around the corner for at least the past several years. This year, with increasing evidence that the economy is indeed slowing down, the talk is be…
LAC, Rouyn hit good widths at Francoeur mine
Exceptional widths are being encountered at the Francoeur gold mine, owned equally by Rouyn Mining Resources (TSE) and LAC Minerals (TSE). Situated near Rouyn, Que., the Francoeur mine entered product…
Louvem asks for injunction to stop Aur drilling plan
Societe Miniere Louvem (TSE) and parent company St. Genevieve Resources (TSE) have applied to a Quebec court for a provisional injunction to halt surface exploration at the Louvicourt Twp. massive sul…
Sudbury seminar on high tech in mining
A seminar on Canadian high-tech application in mining will be held Feb. 21, in Sudbury, Ont. It is co-sponsored by Datem Ltd., the Centre in Mining and Mineral Exploration Research, and Mining Industr…
Redfern takes option to earn 50% interest in copper-zinc-gold bet
Redfern Resources (TSE) has signed an option agreement with Cumberland Resources (VSE). The deal gives Redfern the right to earn 50% of Cumberland’s interest in a base metals project held under option…
Radisson identifies continuity of zones
Exploration on the 6th level of the Duquesne mine, about 19 miles north of Rouyn-Noranda, Que., has identified the continuity toward the west of the main mineralized zones, Radisson Mining Resources (…
Reserves double at Black Hawk’s Minago nickel
Drilling by Black Hawk Mining (TSE) has more than doubled reserves at the company’s 100% owned Minago nickel project in Manitoba. The 17-hole, 27,000-ft program has increased reserves from four millio…