OBITUARIES — Sherman Tough
The son of a prospector and a native of Cobalt, Ont., Sherman Tough has died. He was 82. His entry into the world of mining came at a young age when he accompanied his father, George, and his uncles i…
News
STOCK MARKETS — Bank rate jump causes 300 index to plummet
The Toronto Stock Exchange 300 composite index dropped 94.36 points March 29 to 4,393.61, its largest single-day loss since Feb. 4. The selloff was triggered by a two-thirds-of-a-percentage-point jump…
Loki ups tonnage at Brewery Creek
As part of an ongoing feasibility study of its Brewery Creek property, Loki Gold (VSE) has released a new estimate of the Yukon project’s geological resource. Based on a cutoff grade of 0.3 grams gold…
Producer Prices (April 04, 1994)
ALUMINUM: MW U.S. market US61.25-62.75 cents per lb. (Mar. 17, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
China imposing a sales levy on miners
China is expected to slap a sales levy on domestic and foreign-funded mining firms to curb the growing waste of precious state-owned mineral resources. Song Ruixiang, China’s vice-minister of mining, …
NEWS ROUNDUP — Ramrod picks up Carlin ground
In purchasing Westmont Gold, Consolidated Ramrod Gold (TSE) has acquired interests in several properties in the Carlin Trend of northeastern Nevada. The properties cover more than 15,000 acres and Ram…
Opawica in Ghana
Toronto-listed Opawica Explorations is set to acquire privately owned Alex MacIntyre and Associates (AMAL). An agreement in principle calls for Opawica to pay $1.5 million in cash and issue 725,000 co…
EDITORIAL PAGE — Uncertainty in South Africa
In a few weeks, South Africa will stage the first multi-racial election in its history. At this point, it would seem Nelson Mandela and his black African National Congress (ANC) party are headed for v…
COMMENTARY — A near-hopeless zinc situation
Despite the many closures that have already occurred, zinc fundamentals continue to be characterized by gross oversupply. We are concerned that producers are still deciding to increase output and redu…
LETTERS TO THE EDITOR — McLellan is no stranger to mining
For many years I have been a subscriber and contributor to The Northern Miner. Your recent editorial “Qualifications please” (T.N.M., March 14/94) left me in shock and dismay. It is a direct attack on…
OBITUARIES — McClelland helped Placer grow
The last of Placer Development’s early builders, Thomas McClelland, died recently here at his home. He was 84. McClelland earned a mining engineering degree at Berkeley, Calif., and learned the practi…
LETTERS TO THE EDITOR — Claims staked years earlier
The Odds `n’ Sods article “An outstanding exploration team” (T.N.M., March 14/94) refers to prospecting carried out in northwestern British Columbia by Einar Kvale and Tom McQuillan, reportedly in the…