Restoration plan for Westray site
The Westray coal mine in Nova Scotia will be sealed, its silo removed and the land restored, beginning this spring. In the meantime, the Nova Scotia government will finance a study to see whether a tr…
Articles by Northern Miner Staff
Sampling programs can benefit from large bowl pulverizers
Although large bowl pulverizers have been used throughout the rest of the world for 10 years, acceptance of them has been slow in North America. What are large bowl pulverizers? They can accept 500-5,…
GSA 95 meeting set for Fairbanks
The Geological Society of America’s Cordilleran Section is organizing its 91st annual meeting for May 24-26 in Fairbanks, Alaska. The conference, titled “GSA 95: At the Top of the World,” will be host…
STOCK MARKETS — Incredible shrinking dollar leaves TSE
Weakness in the Canadian dollar, combined with soaring interest rates, caused the TSE to post a loss over the 5-day report period ended Jan. 17. The composite 300 index dropped 44.31 points to close a…
GOLD FUNDS (January 23, 1995)
BGR Central Net Value $16.89 $6.60 Price $14.00 $6.75 Discount 17.12% Premium 2.3% Value $133,012,000 $122,170,275…
Claimstaker moves underground at Alwin
Junior Claimstaker Resources (VSE) has re-opened the underground workings at the Alwin copper mine, southwest of Kamloops, B.C. Exploration work will consist of driving a raise to surface from the exi…
METAL PRICES — FREE MARKET (January 23, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 17 Jan. 16 Jan. 13 Jan. 12 Jan. 11 Copper 2973-2976 2983-2985 3028.5-3029.5 3013-3014 3009-3010 Lead 645-646 653-654 669.5-670.5 64…
Spot prices at a glance (January 23, 1995)
Week’s Price (US) Change Gold* $382.00 + $7.00 Silver* $4.90 + $0.22 Platinum* $418.25 + $8.75 Nickel** $4.46 + $0.19 Lead** $0.30 $0.00 Copper $1.38 + $0.01 Zinc $0.54 + $0.02 Courtesy of Scotiabank….
Noront buys ground adjoining N.B. find
Regulators are expected to approve Noront Resources’ (TSE) acquisition of 15 claims northwest of Bathurst, N.B. The property adjoins ground held by Hendricks Minerals Canada (CDN), on which sulphide-r…
Taurus and Cyprus form joint venture
A joint venture has been formed between International Taurus Resources (VSE) and Cyprus Canada, a unit of Cyprus Amax Minerals (NYSE). The announcement follows a $1.5-million exploration program by Ta…
Weak Australian dollar affects MIM’s performance
Despite the recent weakness of the Canadian dollar, most of this country’s mining companies continue to turn over a profit. This is because the products exported are sold in American dollars. Yet in A…
IGR active in Burkina Faso
Steps have been taken by Toronto-listed International Gold Resources (IGR) to increase its land position and exploration activities in Burkina Faso, West Africa. IGR has signed an option agreement wit…