PEOPLE — SWANNELL
John Mooney appointed vice-president and director; Shirley Mooney appointed director.
Articles by Northern Miner Staff
Joint project studies phenomenon of rockbursts
For centuries, one of the biggest dangers in mining has stemmed from the potential instability of the openings in which miners work. Often, the collapse of these structures is attributed to a phenomen…
EDITORIAL PAGE — Babbitt and the American Dream
U.S. Interior Secretary Bruce Babbitt has been a vocal critic of the 1872 Mining Law on the grounds that the statute allows mining companies (even foreign ones) to buy government land for a mere US$5 …
Funds available for granite plant
Ontario government funding totaling $1.2 million has been awarded to Malette Granite of Iroquois Falls to help establish a granite processing plant and to hire and train employees. A $500,000 term loa…
NEWS IN BRIEF (November 21, 1994)
Lodestar Explorations (LSI:VSE) has changed its name to Precision International Resources (PLO:VSE) on a 1-new-for-5-old-share basis.
Fleming named TSE president
The Toronto Stock Exchange (TSE) has named Rowland Fleming as its new president and chief executive officer (CEO). Fleming, 51, becomes the exchange’s 60th president in its 133-year history, succeedin…
AMC, NCA plan to join forces
A pair of lobbying groups in the U.S. — the American Mining Congress (AMC) and the National Coal Association (NCA) — plan to merge. Named to head the new mining organization is Richard Lawson, who i…
Spot prices at a glance (November 21, 1994)
Week’s Price (US) Change Gold* $385.50 + $1.15 Silver* $5.19 – $0.01 Platinum* $414.40 + $3.40 Nickel** $3.50 + $0.13 Lead** $0.31 + $0.01 Copper $1.30 + $0.07 Zinc $0.54 + $0.02 Courtesy of Scotiaban…
Nugget drilling Hill End project
Drilling is planned for early 1995 at the Hill End gold project in Australia, Nugget Resources (ASE) reports. The junior, which recently completed a $525,000 initial public financing to gain a listing…
COMMENTARY — The growing demand for nickel
In its weekly “Metals” report, Billiton Metals comments on the nickel market and the metal’s recent wide trading band and price rebound: Speculative activity was partly responsible for nickel’s renewe…
STOCK MARKETS — Rising U.S. interest rates hinder TSE
Two factors helped drag the Toronto Stock Exchange lower over the 5-day report period ended Nov. 15: a falling Canadian dollar and rising Canadian interest rates in the wake of a recent decision by th…
STOCK MARKETS — Western markets consolidate as indexes drop
Western markets continued to consolidate during the report period ended Nov. 15, with both the Vancouver Stock Exchange resource and composite indexes touching new lows for the year. The composite ind…