Battle Mountain eyes Aussie firm
Battle Mountain Gold (NYSE) has held discussions with Australian-listed Mt. Edon Gold Mines concerning a possible merger.Mt. Edon owns the Tarmoola gold mine in the Leonora region of Western Australia…
Articles by Northern Miner Staff
Abacus hits sulphides at Niblack
Drilling in the historic Niblack mine area has intersected massive sulphide mineralization.Abacus Minerals (VSE) holds an option to acquire the Niblack project, situated on tidewater at the southern t…
Spot prices at a glance (October 23, 1995)
Wednesday, October 18, 1995Week’s Price (US)ChangeGold*$383.75-$0.95Silver*$ 5.35-$0.07Platinum*$413.35-$1.90Nickel**$ 3.52+$0.03Lead**$ 0.29+$0.02Copper $ 1.23-$0.02Zinca$ 0…
Diamond Fields backs Nuinsco
Emerging nickel producer Diamond Fields Resources (TSE) can earn a 51% participating interest in Nuinsco Resources’ (TSE) Rainy River claims in northwestern Ontario.Diamond Fields intends to buy 2 mil…
Nebex set to drill Albanian project
Having completed initial exploration of its two concessions in Albania, Nebex (ASE) is preparing to drill for base metals.President Brian Douglas says a 30,000-ft. drill program is planned for the win…
Curator cuts costs at Boleo
By buying into the underlying owner of the Boleo copper-cobalt project in Baja California Sur, Mexico, International Curator Resources (TSE) has reduced its property costs by $11.6 million.Curator pai…
Derivatives study calls for greater controls, fewer risks
An international survey on the use of derivatives concludes that investment funds are needed to improve risk management.The survey, conducted by Ernst & Young, polled more than 140 investment manageme…
COMMENTARY — Rhetoric over reason
Recent criticism of the mining industry expressed by Interior Secretary Bruce Babbitt shows that “he continues to rely on rhetoric over reason, and places politics over policy in his quest to drive th…
EDITORIAL PAGE — Hello, I must be going
The crop of 1994 annual meetings is now essentially behind us.The annual meeting is one of the few opportunities for the minority shareholder to obtain first-hand information about a company’s activit…
PRODUCER PRICES (October 23, 1995)
ALUMINUM: MW U.S. market US81 cents-82 cents per lb. (October 6, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.05-4.15 per lb. (October 6, 19…
Columbia vends Spectrum
A private concern will take control of the Spectrum property in northwestern British Columbia under an agreement with owner Columbia Gold Mines (VSE).Crocodile International Enterprises plans to acqui…
New zone detected at Hearne Hill
Drill results from the Hearne Hill project northeast of Smithers, B.C., have prompted property owner Booker Gold (VSE) to continue its exploration work through the winter.The company is testing a new …