Articles by Northern Miner Staff


Hecla opens Mexican mine

The tequila was flowing as Mexican civil servants joined managers of Hecla Mining (NYSE) to cut the ribbon on La Choya, a new gold mine in Sonora state. Situated 30 miles south of the U.S. border, the…


NEWS ROUNDUP — Hughes Lang merger completed

An amalgamation involving Hughes Lang has been carried out. The Vancouver-listed company has merged with three Toronto-listed juniors: Orofino Resources, Nova-Cogesco Resources and Equity Reserve. The…



PRODUCER PRICES (February 14, 1994)

ALUMINUM: MW U.S. market US57.50-59.50 cents per lb. (Jan. 27, 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…


HudBay options B.C. properties

The exploration division of Hudson Bay Mining & Smelting (TSE) is set to begin work on two newly optioned properties in southeastern British Columbia. The main target is stratabound, copper-silver min…


Rio Algom raises $180 million

After announcing it would sell 7 million units at $22.50 each, Rio Algom (TSE) added another million shares at the same price. Gross proceeds are expected to be $180 million. Each unit will consist of…


Spot prices at a glance (February 14, 1994)

Week’s Price (US) Change Gold* $380.25 – $4.70 Silver* $ 5.25 – $0.03 Platinum* $389.50 – $2.50 Nickel** $ 2.60 – $0.08 Lead** $ 0.22 – $0.01 Copper $ 0.84 – $0.02 Zinc $ 0.44 – $0.02 Courtesy of Scot…


Toronto Stock Exchange Indices (February 14, 1994)

— 1994 — Feb 8 Feb 7 Feb 4 Feb 3 Feb 2 High Low Composite”300″ 4452.18 4448.71 4447.19 4560.28 4573.43 4601.09 4286.54 Metals&Minerals 3805.59 3760.44 3703.35 3795.05 3820.54 3855.09 3495.59 Integra…




Dome, Detour expansions approved

Expansion plans have been approved for the Dome and Detour Lake gold mines in northern Ontario. The Canadian unit of Placer Dome (TSE) plans to spend $150 million to increase production and lower cost…


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