AGF launches new mutual fund
AGF Management has added AGF World Equity Fund to its group of mutual funds.The fund is designed to provide the company with the flexibility to pursue investment opportunities on a global scale. Recom…
Articles by Northern Miner Staff
Survey shows higher silver demand
For the fifth consecutive year, fabrication demand in the silver mining sector has exceeded supply.In the sixth annual World Silver Survey of the Silver Institute, President Jaime Lomelin says demand …
DIAMOND NEWS ROUNDUP — Kennecott, Aber intensify efforts at Diavik project
Partners Kennecott Canada and Aber Resources (TSE) will proceed immediately with a $23.5-million program aimed at exploring the A-154 South kimberlite pipe at the Diavik project in the Northwest Terri…
STOCK MARKETS — TSE edges up as interest rate cuts are awaited
Weaker economic signals and the possibility of further interest rate cuts left most investors wondering which way the economy is heading. This dilemma, combined with the long holiday weekend, left man…
Roxmark picks up Little Long Lac
The Geraldton, Ont., property that started it all for former mining giant Lac Minerals has been purchased by Roxmark Mines (TSE).Roxmark is paying current owner Algoma Steel $80,000 for that property …
NEW HORIZONS — Non-ferrous metals: a renewable resource
The recycling of metals is a complex subject which spans the physical, chemical, environmental and social sciences, as well as engineering and technology. Recycling is influenced by cultural, economic…
TSE SHORT POSITIONS (July 10, 1995)
Short positions outstanding at June 15, 1995.Larger individual positions included: Aber Res. 31,100; Adrian 67,700, Agnico-Eagle 197,730; Anderson Expl. 31,900; Archer 74,800; Arimetco 55,800, Asia Pa…
Summitville mine employee indicted by federal grand jury
In the latest development in the Summitville debacle, a U.S. federal grand jury handed down an indictment against the former operator of the Summitville gold mine in Colorado and one of its former man…
GOLD FUNDS (July 10, 1995)
Gold Funds as of July 4BGRCentralNet Value$18.14$6.73Price$14.50$6.75Discount20.08%Premium0.3%Value$141,860,000$122,170,275…
Easton says option not good enough
An option agreement whereby Easton Minerals (VSE) was to acquire a 51% interest in the Goodenough gold mine in Zimbabwe has been terminated.Easton stated it was not sufficiently encouraged during the …
Syndicate prepares to `beep’ Quebec
A mining syndicate formed by three companies — GeoNova Explorations (VSE), Freewest Resources (TSE) and Quebec Crown corporation Societe quebecoise d’exploration miniere (Soquem) — will conduct a pr…
PRODUCER PRICES (July 10, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….