Spot prices at a glance (November 06, 1995)
Wednesday, November 1, 1995Week’s Price (US)ChangeGold*$382.50+$0.10Silver*$ 5.33-$0.02Platinum*$409.00-$2.50Nickel**$ 3.96+$0.12Lead**$ 0.32+$0.01Copper $ 1.31+$0.05Zinca$ 0…
Articles by Northern Miner Staff
Joutel starts drill program for Cuban gold properties
Drilling is under way on the first of seven drill projects in Cuba owned by Joutel Resources (TSE). The program represents 70 holes and 12,300 metres of drilling.In October, drilling wound down on the…
La Teko firms up Alaskan projects
The recent field season was a busy one for La Teko Resources (NASDAQ). With three exploration properties near Fairbanks, Alaska, the company had its hands full.At the True North gold property, drillin…
Sherritt proposes a major restructuring
A prospectus for a rights offering that would bisect Sherritt (TSE) into fertilizer and metals companies has been filed with securities regulators.Under the proposed restructuring, Sherritt would rema…
Teck and Getchell review drill results from Rainbow
Partners Getchell Resources (VSE) and Teck (TSE) are reviewing this year’s results from exploration of the Rainbow property near Kamloops, B.C., to determine the extent of the next phase of work.Teck,…
Cyprus explores Turgeon project
Geophysical surveys are under way at the Turgeon joint venture of Cyprus Canada and Glen Auden Resources (CDN) in Quebec.Airborne magnetic and electromagnetic data have been reprocessed, and 17.2 km o…
Companies snap up ground in Ontario’s Horwood Twp.
A land package of 109 claim units (about 17 sq. km) will be explored by Morgain Minerals (VSE) under separate agreements signed with two prospecting syndicates. The claims cover a recently discovered …
Prime, Homestake home in on Red Mountain
Encouraged by preliminary trenching results from the Red Mountain area discovery near Stewart, B.C., Homestake Mining (NYSE) and Prime Resources Group (TSE) have moved to acquire an equity interest in…
COMMENTARY — Timmins takes action
Vic Power, the mayor of Timmins, Ont., wrote the following at the invitation of Keep Mining in Canada, a national grassroots campaign designed to increase awareness of issues facing mining in Canada:W…
Laminco drills new targets at San Antonio property
Preliminary drilling along the Realito structural zone has discovered a new mineralized gold breccia structure in the Golfo de Oro area, within Sonora state, Mexico.Laminco Resources (TSE) is in the m…
Producer Prices (November 06, 1995)
ALUMINUM: MW U.S. market US76.5 cents-77.5 cents per lb. (October 20, 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. (October …
EDITORIAL PAGE — The referendum aftermath
The amount of ink dedicated to coverage of the recent referendum in Quebec would probably fill one of the Great Lakes. But outside of Canada, the event caught the world by surprise. Indeed, the most c…