Articles by Northern Miner Staff

Noble Peak to option U.S. zinc property

A large base metals deposit in Utah, held by a financially strapped junior, Noble Peak Resources (ASE), is on the auction block. “We expect to have an offer from a major U.S. mining company within thr…


Vancouver Stock Exchange Few bearish on gold sector

With the gold price surpassing the $400(US) mark and holding, it’s hard to find anyone bearish about the yellow metal’s future these days. While gold’s performance is always difficult to predict, that…



Inco opens Crixas

Inco Gold, a wholly owned affiliate of Inco Ltd. (TSE), poured the first gold from its Crixas gold mine in Brazil. Designed to process 360,000 tonnes of ore per year to yield 120,000 oz of gold, the C…



Homestake find near Lupin Mine gets confirmation

A subsidiary of Homestake Mining (NYSE) recently confirmed long-standing rumors that a major “Lupin-type” gold deposit was discovered in the Northwest Territories. Robert Boyd, director of Canadian ex…


Rio Algom ends talks with Uranium Resources

Negotiations between Rio Algom (TSE) and Uranium Resources (TSE) for a proposed takeover of Uranium Resources by Rio Algom were terminated. The two companies had previously signed a non-binding letter…


Albino faces hearing

The Ontario Securities Commission has issued a Notice of Hearing against George Albino, former chairman and chief executive officer of Rio Algom (TSE). The hearing, scheduled to take place on Jan 20, …



Metal Prices PRODUCER PRICES (November 27, 1989)

ALUMINUM: MW U.S. Market US76.00 cents – 77.00 cents per lb. (Nov 16, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…



Alberta Stock Exchange Gold issues lacklustre

The price of gold may have risen above $400(US) for the first time since January, but the yellow metal’s return to health wasn’t really reflected in Alberta share prices for the week ended Nov 21. Man…


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