TSE INDICES (January 03, 1994)
Week Dec 28 Dec 27 Dec 24 Dec 23 Dec 22 High Low Composite”300″ 4288.85 N/A N/A 4246.39 4226.85 4289.15 4213.20 Metals&Minerals 3505.54 N/A N/A 3444.38 3421.08 3512.52 3399.50 Integrated Mines3673.53 …
Articles by Northern Miner Staff
1993 A LOOK BACK — Precious metals rise, while base metals
Although gold saw its share of ups and downs in 1993, the general upward trend in the price has helped many small producers return to near-profitable levels. Unlike gold, base metal prices began the y…
CIMMER database now on diskette
The Centre in Mining and Mineral Exploration Research (CIMMER) of Laurentian University in Sudbury, Ont., says its Mining Environment Database is available as a stand-alone product for personal comput…
1993 A LOOK BACK — Windy Craggy rejected
The large Windy Craggy copper project of Geddes Resources (TSE) in northwestern British Columbia may become a part of a provincial wilderness park. In June, the provincial government announced that it…
PRODUCER PRICES (January 03, 1994)
ALUMINUM: MW U.S. market US52.50-54.50 per lb. (Dec. 16, 1993). ANTIMONY: MW New York dealer US76-80 per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). CADMIUM…
Cons. Nevada reviews Nixon Fork development
A feasibility study on the Nixon Fork gold project in west-central Alaska recommends the project be put in production. Consolidated Nevada Goldfields (TSE) commissioned consultants Pincock, Allen and …
Gold values reported from Marudi Mountain
Exploration has wound down at the Marudi Mountain gold project in southern Guyana. Sutton Resources (VSE) drilled 2,600 metres in nine diamond drill holes to test seven targets. Five holes tested five…
Burgess Point to buy Vencorp
Toronto-based Burgess Point Resources (CDN) plans to acquire Venezuelan Mineral Development Corp. (Vencorp). The proposed takeover would see Burgess shares consolidated on a 1-for-7 basis. Shares of V…
Two Newmonts combine assets, reserves
Denver-based Newmont Mining and 90.1%-owned subsidiary Newmont Gold will combine their assets, gold reserves and operations. The plan calls for Newmont Mining to move all its operating assets, liabili…
Eden Roc sells warrants, explores Ivory Coast
Eden Roc Minerals (TSE) will soon have nearly $18 million to spend on its vast exploration territory in Ivory Coast. The company issued 3 million warrants through brokerage house Scotia McLeod. Each w…
Placer Dome plans to spend $12-m on Musselwhite project
Placer Dome Canada, the new business unit of Placer Dome (TSE), is poised for a busy year in 1994. Thats when the unit will oversee a $12-million program to advance the Musselwhite gold property in th…
Review promised of Windy Craggy
British Columbias ombudsman has promised to review the process that led to the provincial governments decision to create a park in the northwestern area known as Haines Triangle. Last year, Premier Mi…