PRODUCER PRICES (July 31, 1995)
ALUMINUM: MW U.S. market US89.56.5-90.5 cents per lb. (July 21, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.60-3.70 per lb. (July 21, 1995)…
Articles by Northern Miner Staff
VSE names Johnson as president
The Vancouver Stock Exchange has appointed a new president and chief executive officer to succeed Donald Hudson, who is retiring after almost 14 years in the position.Michael Johnson, 52, former chair…
Kinbuari acquires African ground
CDN-listed Kinbauri Gold will explore the 478-sq.-km Soukoura concession in western Burkina Faso.The property is underlain by a sequence of Birimian volcano-sedimentary rocks cut by the 65-km-long, no…
Gold output is set to grow
Gold production throughout the world is expected to increase by an average of 2.5% annually over the next four years, according to World Mine Production of Gold 1994-1998, an annual report issued by t…
METAL PRICES — FREE MARKET (July 31, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 25 July 24 July 21July 20 July 19Copper2945-2950 2952-2957 2923-29283215-32173125-3130Lead 617.5-618.5 618.5-619.5 613.5-614…
Base metal prices ease off slightly
After climbing to more than a 4-year high in January, The Bank of Nova Scotia’s metal and mineral index has drifted lower over the past four months.Base metal prices are taking a breather after last y…
McCaw School of Mines under construction
A 4,500-sq.-ft. school is being constructed in Henderson, Nev., so that students can learn about the state’s rich mining history.When it opens in September, the school will feature a mine tunnel, a di…
Spot prices at a glance (July 31, 1995)
Wednesday, July 26Week’s Price (US)ChangeGold*$385.80-$3.45Silver*$ 5.15-$0.19Platinum*$430.50-$9.75Nickel**$ 3.88-$0.03Lead**$ 0.28 $0.00Copper $ 1.34-$0.07Zinca$ 0.46-$0….
Altavista looks for gold in northwestern Quebec
Having raised $1.5 million through an initial public offering, newly listed Altavista Mines (ME) is ready to explore and develop two gold properties in northwestern Quebec.The junior can acquire a 90%…
STOCK MARKETS — VSE suffers anti-climax over Voisey Bay results
Trading activity on the Vancouver Stock Exchange eased off somewhat as investors began paying more attention to the quality of work being done by juniors in Labrador. The initial excitement from the V…
Glamis Gold options Aquiline’s Jojoba project in N.W. Mexico
Drilling is planned for La Jojoba, a property in Mexico’s Sonora state.Glamis Gold (TSE) will fund the work under an option to earn a 75% interest from Aquiline Resources (VSE).Glamis must also pay US…
LABRADOR NEWS ROUNDUP — Niatak partners cut sulphides
The first two holes drilled on the Niatak Island property in Labrador have encountered narrow layers of massive sulphides.Vancouver-listed partners Starcore Resources and Goldnev Resources are drill-t…