Articles by Northern Miner Staff




PRODUCER PRICES (October 21, 1996)

ALUMINIUM: LME settlements US$1,322 per tonne (Oct. 15, 1996), alloy US$1,188 per tonne (Oct. 8, 1996).ANTIMONY: Composite free market, US$2,175 per tonne (Oct. 9, 1996).BISMUTH: Composite free market…



STOCK MARKETS — Markets ride wave as metals sink

The Toronto Stock Exchange’s TSE 300 index hit two record high closings in the four trading days between Oct. 9 and 15. The TSE composite closed at a record 5,461.20 on Oct. 11 and came back with a 5,…


Orezone acquires ground in N.W. Que.

Junior Orezone Resources (ORZ-M) has re-acquired the Bourlamaque property on the eastern boundary of Placer Dome’s Sigma gold mine in Val d’Or, Que.The company sold the property last year, only to rep…


Peruvian Gold tests Encanto prospect

Junior Peruvian Gold (PVO-V) is awaiting assay results from nine diamond drill holes on the Encanto gold porphyry prospect in northeastern Ecuador.To date, the program has spanned 921.8 metres, having…


Princeton pushing to bring Huckleberry to production

Despite a steady October drizzle that turns the ground to mud, crews are keeping up the pace of constructing a new, open-pit copper mine at the base of this Coast Range mountain.The steel girders are …


Bre-X shareholders to get dividend

Shareholders of Bre-X Minerals (BXM-T) will soon receive shares of Bro-X Minerals, a wholly owned subsidiary which acquired Bre-X’s interests in the Sable and Sangihe properties in Indonesia for $2.8 …


Correction (October 21, 1996)

Two holes drilled by Orvana Minerals (ORV-T) at the Butte Highlands gold property in Montana intersected 0.1 oz. gold per ton over 82.5 metres (including 25.3 ft. of 0.16 oz.) and 0.1 oz. over 91 ft. …


Scorpion announces equity financing

Toronto-based Scorpion Minerals (SCP-T) has entered into an agreement with Loewen Ondaatje McCutcheon for a special warrant financing in order to raise $15-$19.5 million.Through a wholly owned subsidi…


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