Articles by Northern Miner Staff

PEOPLE — NORANDA INC.

Alex Balogh appointed deputy chairman and director; David Bumstead appointed executive vice-president.



Spot prices at a glance (December 26, 1994)

Week’s Price (US) Change Gold* $382.50 + $4.15 Silver* $ 4.83 + $0.06 Platinum* $417.50 + $7.85 Nickel** $ 3.78 + $0.03 Lead** $ 0.29 + $0.01 Copper $ 1.34 $0.00 Zinc $ 0.50 + $0.01 Courtesy of Scotia…




World Wide pursuing Chinese exploration targets

In an effort to expand its exploration activities, World Wide Minerals (TSE) has struck a preliminary agreement with privately owned Taishan Gold. World Wide intends to buy Taishan from Toronto-based …


Pegasus suspends dividend

Spokane-based Pegasus Gold (TSE) has decided not to declare a year-end dividend. The company says that although it is financially strong, its resources are better deployed in new projects, minesite ex…


Freewest reshuffle gets green light

A proposed reorganization of Freewest Resources (TSE) and its subsequent amalgamation with Hemlo Gold Mines (TSE) has been approved by Freewest’s shareholders. Effective Dec. 15, all of Freewest’s ass…


NEWS IN BRIEF (December 26, 1994)

Wrightbar Mines (WRB:ME) has amalgamated with Charlim Explorations (CHO:VSE:ME) to form Lithos (LTS:ME). Wrightbar shareholders will receive one new for two old shares, and Charlim shareholders will r…




PRODUCER PRICES (December 19, 1994)

ALUMINUM: MW U.S. market US91.5 cents-93.5 per lb. (Dec. 2, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…


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