Work continues at Parker Lake
Toronto-listed partners Cumberland Resources, Comaplex Minerals and Manson Creek Resources report that additional sampling has returned encouraging values on three prospects found on their Parker Lake…
Articles by Northern Miner Staff
PRODUCER PRICES (November 20, 1995)
ALUMINUM: MW U.S. market US77.25 cents-78.25 cents per lb. (Nov. 3, 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, 1…
Sunshine Mining moves to prop up its common stock
Silver producer Sunshine Mining & Refining (NYSE) plans to do away with its preferred stock and merge with a subsidiary in an effort to bolster the stock price.The company reached an agreement with th…
GREATEST VALUE TRADED (November 20, 1995)
Sherritt T173569$20 1/81819 7/8+1 7/8Inco Ltd T113437$47 5/845 5/847+3/8Barrick Gold T112343$35 1/833 1/233 1/2-3/8Placer Dome T101288$33 1/231 5/831 3/4-3/4Kinross Gld T…
Inmet triples its net earnings
Four factors — higher metal prices; increased production at Norddeutsche Affinerie; the acquisition of the WBH tungsten powder operation; and the initiation of operations at two base metal mines — h…
LABRADOR NEWS ROUNDUP — Columbia Yukon mobilizes rig
With a drill permit now in hand, Columbia Yukon Resources (ASE) has mobilized a drill rig to its ML 1506 ground in the Alliger Lake area north of Voisey Bay, Labrador.The company plans to test several…
Kemess South deal “alive and well”, Witte says
Unforeseen delays in the permitting process for the Kemess South copper-gold project in north-central British Columbia have resulted in Royal Oak Mines (TSE) extending the closing date for the takeove…
Imperial revises Mount Polley reserves
The Mount Polley gold-copper project in central British Columbia, 56 km northeast of Williams Lake, is being readied for a scheduled construction start-up in the spring of 1996.As part of a due-dilige…
Athabaska hopes to revive Ladner Creek
Underground exploration drilling and development is continuing at the Ladner Creek gold project near Hope, B.C.Athabaska Gold Resources (TSE) has committed to spending $1 million on the property by Ju…
EDITORIAL PAGE — Privatization gains momentum
State mining is still alive in the western world, but privatization is gaining momentum. And that, in a nutshell, was the message delivered by Magnus Ericsson of the Swedish-based Raw Materials Group …
SX-EW process changes copper industry
Changes are taking place in the copper industry with the emergence of solvent extraction-electrowinning (SX-EW) processing, a technique which allows companies to produce cathode copper at the mine sit…
GREATEST VALUE TRADED, NOV. 1-7 (November 13, 1995)
Value($000s)HighLowCloseChange co Ltd T257341$46 5/844 3/446 5/8+3/8Placer Dome T165452$32 7/829 1/832 1/2+3Barrick Gold T137851$34 1/430 7/833 7/8+2 5/8BRE-X Mnrl A73003$5…