Sherritt concludes Cuban nickel deal
Metal refiner Sherritt (TSE) and Cuban state-owned General Nickel Co. have entered into a 50-50 joint venture to mine, refine and market cobalt and nickel. Cuba has granted the joint venture mining co…
Articles by Northern Miner Staff
ODDS’N’SODS — Ed and the dirty jackass
Ed and his burro, Millie, got along pretty well. Ed knew when Millie was tired and wanted water. Millie knew when Ed was discouraged and needed to be nuzzled a little. Together they traveled the west,…
Producer Prices (December 12, 1994)
ALUMINUM: MW U.S. market US95.5 cents-96.5 per lb. (Nov. 24, 1994). ANTIMONY: MW New York dealer US$1.95-2.25 per lb. (Nov. 24, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994)….
Spot prices at a glance (December 12, 1994)
Week’s Price (US) Change Gold* $379.80 – $2.55 Silver* $4.69 – $0.39 Platinum* $403.90 – $5.70 Nickel** $4.02 + $0.38 Lead** $0.28 – $0.01 Copper $1.32 – $0.04 Zinc $0.50 – $0.01 Courtesy of Scotiaban…
Exploration efforts pick up steam in Argentine camp
A volcanogenic massive sulphide prospect in Argentina’s Tierra del Fuego district appears to have captured the interest of Noranda Minerals. The company, a unit of Noranda (TSE), has secured rights to…
William offers $3m for Velardena stake
Montreal-listed William Resources intends to acquire a 40% interest in BLM Minera Mexican. The acquisition would result in William owning 80% of BLM Minera and the Velardena silver-gold project in Mex…
NEWS IN BRIEF (December 12, 1994)
Mark V Petroleums & Mines (MRV:VSE) has changed its name to TLC Ventures on a 1-new-for-3-old-share basis.
Imperial, Bethlehem plan merger
Two Toronto-listed juniors, Bethlehem Resources and Imperial Metals, plan to join forces in order to develop potential properties. The merged company would initially focus on Imperial’s Mt. Polley cop…
Patrician adds to Ghanaian holdings
Alberta-listed Patrician Gold Mines is acquiring two additional gold exploration properties in Ghana. As a result, the junior will hold three concessions in the West African country, covering 150 sq. …
Western Troy drilling Wagg prospect
Diamond drilling is under way on Western Troy Capital Resources’ (ASE) Wagg gold prospect near Nestor Falls, Ont. The program will total 3,000 ft., with six holes totaling 1,072 ft. having already bee…
Galena Giant drilling results are disappointing
Drill results from the Galena Giant property in northern Montana were not as good as hoped. Vancouver-listed partners Wealth Resources and Arbor Resources previously reported the presence of copper su…
Placer Dome gold discovery in Costa Rica
A gold discovery speculated to have multi-million-ounce potential appears to have triggered a “Canadian-style claims rush in Costa Rica. The interest was sparked by reports that Placer Dome (TSE) was …