PRODUCER PRICES (March 28, 1994)
ALUMINUM: MW U.S. market US61.00-62.00 cents per lb. (Mar. 10, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Articles by Northern Miner Staff
Correction (March 28, 1994)
Colorado-based Horizon Resources (NASDAQ), which operated the Buffalo Valley heap-leach gold project in Nevada from 1987 to 1990 under the name Horizon Gold (T.N.M., March 7/94), returned the lease to…
LETTERS TO THE EDITOR — Franklin speaking at CIM luncheon
The chief geologist of the Geological Survey of Canada (GSC), James Franklin, will speak about the future of Canadian mining in an address April 7 to the Toronto branch of the Canadian Institute of Mi…
STOCK MARKETS — Silver overlooked but it’s moving too
While investor interest has mostly been focused on gold, the price of silver has run up quite nicely recently. During this report week, for example, the price rose US17 cents to US$5.59 per oz. Slight…
STOCK MARKETS — Higher gold price can’t shake western
With gold near a 2-month high, at just below US$390 per oz., even the recent steep jump in the bank rate failed to shake western markets. The Vancouver Stock Exchange resource index shot up 58.85 poin…
NEWS IN BRIEF (March 28, 1994)
Severide Resources (SVE:VSE) has changed its name to Severide Environmental Industries on a share-for-share basis. It is no longer involved in mining.
INSIDER TRADING — Minefinders officers sell shares
Two officers of Minefinders (VSE) sold shares in January and February. Senior officer and director Dale Hendrick exercised 50,000 options at 22 cents and sold 11,500 shares at $2-2.40 to hold 88,500 s…
Messeguay Mines options Loubel’s Burkina Faso ground
Montreal-based Messeguay Mines (ME) can earn interests in Loubel Exploration’s (ME) two properties in Burkina Faso, West Africa. Messeguay can earn 49% of the 314-sq.-km Dossi property, which hosts tw…
Metals and minerals sub-index jumps again in January, says
The metals and minerals sub-index of The Bank of Nova Scotia’s commodity price index rose again in January alongside firmer prices for base metals, gold and potash. Aluminum prices strengthened dramat…
TVI explores three Philippine properties
Through its Philippine subsidiary, TVI Copper (ASE) has filed six production-sharing agreements totaling 65,223 acres. The two claim blocks that constitute the position are on Mindanao Island. The gro…
Tri Origin raising $3.7 million
A private placement of 1.2 million units of Tri Origin Exploration (TSE) is expected to raise $3.7 million. The proceeds will finance drilling on the Lewis Ponds project in New South Wales, Australia….
MSV tests revolutionary profit-sharing plan
At $17.42 an hour, the average wage here for an underground miner is still well above that paid to industrial workers in Canada. But for the 290 unionized employees of MSV Resources (TSE), it represen…