PRODUCER PRICES (November 27, 1995)
ALUMINUM: MW U.S. market US76.5 cents-77.5 cents per lb. (Nov. 17, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.20 per lb. (Oct. 13, 19…
Articles by Northern Miner Staff
Hecla writes down Grouse Creek interest
The third-quarter operating results of Hecla Mining (NYSE) include a nonrecurring asset writedown of its entire 80% interest in the Grouse Creek gold mine in central Idaho.Great Lakes Minerals (TSE) o…
GREATEST VALUE TRADED, NOV. 15-21 (November 27, 1995)
Value($000s)HighLowCloseChange Barrick Gold T141077$35 1/833 3/835+1 1/2Placer Dome T113431$33 1/831 1/232 5/8+7/8BRE-X Mnrl A110167$5543 1/853+3 1/8Inco Ltd T94578$50 46 …
Stormy weather stalls CSR drilling
Due to “extremely severe” weather conditions, the Canadian States Resources (CDN) drill crew working 80 km northwest of Voisey Bay has discontinued drilling.The company plans to resume drilling as soo…
Patrician reports bright results from African projects
Exploration results from its African projects continue to foster optimism for Patrician Gold Mines (ASE).The bulk of the work, comprising geochemical sampling and airborne surveys, was carried out on …
Corrections (November 27, 1995)
Incorrect information appeared in the Insider Trading column of our Nov. 20 issue. The reference to TVI Pacific director Clifford James should have read that he was granted 300,000 options at 94 cents…
Meetings (November 27, 1995)
MEETINGSDec. 4, Banff Dec. 4, Glen AudenDec. 4, Rangeland Dec. 4, Rosebay Dec. 4, Shakwak COMING EVENTSDec. 5-8 Northwest Mining Association — “Int’l Convention & Exposition.” Spokane Hotel, Spokane,…
Manitoba cheers New Britannia opening
Second-hand hoists, second-hand mill. The New Britannia mine, which officially opens this week, has both. Scouring the mining industry’s garage sales for bargains is one way to keep capital costs down…
Rayrock’s Ivan mine is up to speed
The Ivan copper mine in northern Chile was slow to get on track, but owner Minera Rayrock (TSE) has announced that the mine operated at 97.7% of its design capacity in September, and 100% in October.T…
Cash flowing from Myra Falls mine
The Myra Falls underground zinc-copper mine on Vancouver Island is spinning out cash for owner Westmin Resources (TSE).Net income for the first nine months of 1995 amounted to $10.8 million on revenue…