Nuinsco, Echo Bay say Cameron Lake won’t go
After nine years of exploration, the Cameron Lake gold deposit owned by Nuinsco Resources (TSE) has been deemed uneconomic. The conclusion is part of a feasibility study completed by Wright Engineers,…
News
Queries Renabie Gold Trust
I am an investor and subscriber to The Northern Miner, which I think is a great newspaper and a must for any investor. I would like some information on the Renabie Gold Trust, listed on the TSE. I cou…
FREE MARKET Metal Prices
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 Copper 1870-1874 1830-1835…
Letters to the Editor Need Red Lake photos
The Red Lake Museum is searching for people who may have stories and/or photographs of Red Lake from the 1920s, 30s and early 40s. Some of the early mining pioneers/founders we are interested in are: …
PRODUCER PRICES Metal Prices (October 31, 1988)
ALUMINUM: MW U.S. Market $1.055-$1.095 per lb. (Oct 20, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $5.90-$6.00 per lb. (Oct 20, 1988). CADMIUM: New Y…
Tri-Valley plans drilling, trenching on Richardson
More trenching and drilling are planned next year on Tri-Valley Corp.’s Richardson lode project southeast of Fairbanks, Alaska. Asarco Inc. recently dropped its option on the property without earning …
Pegasus buying into Pioneer Metals by David Duval
Pegasus Gold Inc. (TSE) recently concluded an agreement to purchase a $12 million convertible debenture from Pioneer Metals (TSE) which, for the debenture itself, would give Pegasus an approximate 14%…
NSR/Nova Cogesco agreement completed
An agreement has been completed between NSR Resources (TSE), Nova-Cogesco Resources (ME) and Belmoral Mines (TSE) which gives Belmoral the right to mine and continue exploration of the Rand Malartic p…
Queries Lac’s dividend confusing
My question is about LAC Minerals’ dividends. I thought I saw in your paper that LAC paid a 20 dividend in 1987, but I only got 10 per share for the 2,000 shares I own. Where did the other 10 go? P…
Japan’s Nippon looking for gold
Nippon Mining Company, Japan’s largest producer of copper, is now exploring for precious metals in North America through a subsidiary based in Reno, Nev. A few years ago, Nippon made the decision to b…
Imperials Metals subsidiary hits zinc in U.K pilot hole
An Imperial Metals Corp. (TSE) subsidiary, Anglesey Mining, has encountered zinc-bearing sulphide mineralization in a pilot hole at its Parys Mountain property in North Wales, U.K. The test hole was p…
Bull market for copper shows no sign of slowing
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…