PEOPLE — PACIFIC FALCON
Ronald Nichols elected president and director; Russell French, Michael Laidlaw and Noble Larsen elected directors.
Articles by Northern Miner Staff
MINING IN MEXICO — Mexican silver production projected to
Mexico is projected to produce 65 million oz. silver in 1994. The Silver Institute of Washington D.C., in its World Silver Survey 1994, says mine production in the country fell to 61 million oz. in 19…
Metall expanding Akie discovery
Drilling on the Akie property in northeastern British Columbia continues to expand a zone of zinc mineralization. Metall Mining (TSE) is earning a 60% interest in the property from Ecstall Mining (VSE…
Pouliot appointed Ontario’s acting mines minister
Ontario Premier Bob Rae has appointed Gilles Pouliot as acting minister of northern development and mines. He replaces Shelley Martel, the Sudbury East representative who recently resigned from cabine…
DIAMOND PAGE — New player in N.W.T. diamond hunt
WMC International, a subsidiary of Australian mining giant Western Mining Corp. Holdings, has become a player in the search for diamonds in the Northwest Territories. WMC recently signed a deal with L…
London Metal Exchange — Metal prices
Spot closing prices in $US per tonne Date Oct 18 Oct 17 Oct 14 Oct 13 Oct 12 Copper 2485.5-2486.5 2481-2482 2483-2485 2490-2491 2511-2513 Lead 643.5-644.5 640-641 641.5-642.5 634-635 634.5-635.5 Zinc …
STOCK MARKETS — Debt-related fears unsettle TSE
Tough deficit talk by Finance Minister Paul Martin failed to inspire investors, the result being that the Toronto Stock Exchange remained flat over the 5-day report period ended Oct. 18. The composite…
Franco-Nevada buys platinum royalty
Royalty-holder Franco-Nevada Mining (TSE) has paid US$2.25 million to South Africa-based Rustenburg Platinum for a 5% net profits interest royalty in that country’s Pandora platinum property. The depo…
MINING IN MEXICO — Gold output slowly rising
Mexico may not be a leader among gold-producing nations, but it has been consistent in its gold output during the past 10 years. Gold Fields Mineral Services of London, in its Gold 1994 report, says M…
San Andreas drill program at Prairie Creek mine project
Diamond drilling at the Prairie Creek mine project near Yellowknife, N.W.T., is expected to augment reserves significantly. Owner San Andreas Resources (TSE) estimates current reserves at 4.25 million…
MINING IN MEXICO — Spate of mine openings underscores
The recent opening of several new mines in Mexico and the overall revival of the country’s mining industry owe much to policies aimed at attracting foreign investment. These policies, implemented seve…
Etruscan begins definition drilling
Nova Scotia-based Etruscan Enterprises (VSE) has launched an exploration program on the Koma Bangou property in Niger, West Africa. The junior will perform 10,000 metres of reverse-circulation drillin…