PRODUCER PRICES (September 05, 1994)
ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….
Articles by Northern Miner Staff
INSIDER TRADING — Thunderwood officers buy shares in July
Two senior officers of Thunderwood Resources (TSE) bought shares in July. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director James Gill bought 285,714 shares at…
Metallgesellschaft sells control block of Metall
The parent of Metall Mining (TSE) has sold its 50.1% interest in Metall. Metallgesellschaft AG of Germany sold its holdings for proceeds of about $458 million (40.7 million shares at $11.25 per share)…
Loubel drilling Burkina Faso find
Junior Loubel Exploration (ME) is exploring two properties in Burkina Faso, West Africa. The company is completing a 10-hole, 10,000-ft. drilling program on the Tiebele gold property. The first five h…
Metall testing Akie massive sulphides
Exploration on the Akie and Pie claims in northeastern British Columbia is returning encouraging results for partners Metall Mining (TSE) and Ecstall Mining (VSE). Metall is earning a 60% interest in …
Steelworkers eye Colomac workers
The United Steelworkers of America have filed an application with the Canada Labour Board to represent 200 workers at the Colomac gold mine of Royal Oak Mines (TSE) in the Northwest Territories. Colom…
Miramar backs Northern Orion
Related companies Miramar Mining (TSE) and Northern Orion Explorations (VSE) plan to reorganize their Argentine holdings. Northern Orion will acquire the issued capital in Grupo Minera Aconcagua S.A. …
EDITORIAL PAGE — The necessity of going global
To remain a force in this business, a gold mining company must face the relentless challenge of replacing the reserves it mines. The task is especially daunting for majors that surpass the production …
COMMENTARY — Managing the uncertainties
The copper industry cannot be called the master of its fate. To a great extent we’re at the mercy of forces over which we have little control, such as the world economy and political situations in ind…
Tri Origin drills Ontario play
Junior Tri Origin Exploration (TSE) has drilled an 11-hole program totaling 2,500 metres and performed a downhole electromagnetic survey on its Sault gold property, 90 km north of Sault Ste. Marie, On…
METALS PRICES — FREE MARKET (September 05, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Aug.30 Aug.29 Aug.26 Aug.25 Aug.24 Copper 2457.5-2458.5 N/A 2416-2417 2403-2404 2407-2408 Lead 588-589 N/A 575-576 576.5-577.5 576.5-577…
Discoveries at Golden Bear
Two new zones of gold mineralization have been discovered on the Golden Bear property in northwestern British Columbia. This marks the third find announced by North American Metals (VSE) and Wheaton R…