CIM talk features Kazakhstan
Robert Parsons, chairman of the World Mining Group at Price Waterhouse, will discuss the attractive geological potential of Kazakhstan during a lunch meeting sponsored by the Toronto branch of the Can…
Articles by Northern Miner Staff
PDAC welcomes changes to exploration in Ontario
Ontario’s mining community is welcoming further moves by the province’s newly elected government to cut red tape and make positive changes to exploration regulations.Northern Development and Mines Min…
STOCK MARKET — Market recovers strongly after `No’ vote
The Toronto Stock Exchange, shaking from its encounter with the spectre of Quebec’s secession, rose strongly after Monday’s referendum result in that province. The TSE composite index jumped 79.4 poin…
Gold Funds (November 06, 1995)
Gold Funds as of October 26BGRCentralNet Value$17.00$6.71Price$13.75$6.500Discount19.14%3.1%Value$132,943,000$117,645,450…
Lysander drilling at Passagem
The first phase of drilling is under way at the Passagem mine property in Brazil.Lysander Gold (VSE) can acquire an 80% indirect interest in the Passagem, one of Brazil’s oldest and longest-producing …
METAL PRICES — FREE MARKET (November 06, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 31 Oct. 30 Oct. 27Oct. 26 Oct. 25Copper2828-2833 2767-2772 2808-28132858-28632786-2791Lead691-693 691-693 701.5-703.5 703-…
Metal prices mean bonanza for Noranda
Stronger prices for copper, nickel and aluminum enabled Noranda (TSE) to earn $411 million for the nine months ended Sept. 30, more than double the figure for the same period in 1994.The resource gian…
Copper prices boost Gibraltar earnings
Strong copper prices helped Gibraltar Mines (TSE) earn almost $3 million on revenues of $71.1 million for the first nine months of 1995.The company milled 11.8 million tons grading 0.27% copper at its…
Rio sells interest in Atlas Steels
Bidding is over in the Atlas Steels auction. Owner Rio Algom (TSE) has agreed to sell its 51% share in the Australian specialty steels firm to Email for A$66.4 million ($68.4 million Canadian).Rio Alg…
Placer Dome gains stake in Goldboro
Montreal-listed Orex Exploration has optioned a share of its Goldboro property to Placer Dome (TSE).Having investigated the environmental conditions of the Nova Scotia gold property, the major has con…
Heap-leach project planned for Iduapriem
Ghanaian-Australian Goldfields, a subsidiary of Golden Shamrock Mines (TSE), will proceed with heap-leach gold production at the Iduapriem gold mine in Ghana.The mine is already being expanded to 2.8 …
RTZ and CRA plan merger
British mining conglomerate RTZ and its 49%-owned Australian affiliate CRA will reorganize to produce a single corporate structure in which the two companies retain their individual stock market listi…