Articles by Northern Miner Staff



Alcan, Shell make asset deal

A deal with Royal Dutch/Shell will see Alcan Aluminum increase its interest to 33% in U.S.-based holding company Halco. The latter owns 51% of bauxite producer Compagnie des Bauxites de Guinee in Guin…


Correction (April 17, 1995)

The structure that is believed to extend eastward to the Luz del Cobre copper deposit in Mexico, owned by Laminco Resources (TSE), has a strike length of 16,400 ft. (5,000 metres). Incorrect informati…


GOLD FUNDS (April 17, 1995)

BGR Central Net Value $17.23 $6.92 Price $14.88 $7.00 Discount 13.67% Premium 1.2% Value $134,714,000 $126,695,100…


TSE INDICES (April 17, 1995)

— 1995 — Apr 11 Apr 10 Apr 7 Apr 6 Apr 5 High Low Composite”300″ 4274.98 4247.05 4264.90 4284.42 4285.10 4320.52 3983.34 Metals&Minerals 4225.95 4213.51 4222.43 4257.81 4217.82 4337.89 3273.56 Integ…


METAL PRICES — FREE MARKET (April 17, 1995)

London Metal Exchange Spot closing prices in $US per tonne Date April 11 April 10 April 7 April 6 April 5 Copper 2954-2955 2962-2963 2959-2960 2932-2933 2950-2951 Lead 602.5-603.5 600-601 602-603 597-…


Spot prices at a glance (April 17, 1995)

Week’s Price (US) Change Gold* $389.80 – $2.70 Silver* $5.34 – $0.02 Platinum* $449.50 – $8.00 Nickel** $3.31 – $0.15 Lead** $0.27 $0.00 Copper $1.34 $0.00 Zinc $0.48 $0.00 Courtesy of Scotiabank. Inf…


Expanded program for Royal Gold

American junior Royal Gold (NASDAQ) will expand its grassroots exploration on lands owned by Union Pacific (NYSE). In an extension of the original agreement, the company will look for gold, silver, pl…


Green light for tailings project

An arbitration tribunal has ruled in favor of Goldstake Explorations (TSE) regarding a joint-venture gold tailings project in South Dakota. The junior says project partner Homestake Mining (NYSE) has …


Eastfield exploring in Nevada

Preliminary exploration is under way on the Tonopah project of Eastfield Resources (VSE) in western Nevada. The optioned Hill-of-Gold deposit and 89 surrounding claims that constitute the project comp…


Mink lands exploration funds

A private placement will provide Mink Mineral Resources (VSE) with US$8.25 million to fund further work on projects in Mali, West Africa. The placement includes US$2 million through the sale of shares…


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