Articles by Northern Miner Staff

WCB rates to decrease for most miners in Ontario

At a time when its reputation is being seriously damaged by claims of financial mismanagement, the Ontario Workers Compensation Board (WCB) is sending a mixed message to the provinces mining sector. A…


Giveaways hurting zinc industry

The American Zinc Association has charged the U.S. defence department with selling stockpiled zinc at prices below the market. The zinc sold from that nation’s strategic stockpile has cost taxpayers m…


New strategy for Sharpe Energy

Managers of Sharpe Energy and Resources (VSE) outlined corporate strategy at a recent meeting in Toronto. The company wants to increase production either by exploration, acquisition or equity investme…




Funds move the marketplace

The short-term rebound in metals has yet to raise prices to profitable heights. Most of the London Metal Exchange (LME) volumes, which have doubled over similar periods last year, are almost entirely …


FINANCING (December 27, 1993)

Azco Mining — 3.2 million shs issuable upon the exercise of 3.2 million special wts @ $2.25 per special wt. Cambior — US $5.5 million units, each unit consisting of one common sh and one-half common…


Superfund dollars going astray

More Superfund money is being directed at overhead costs than at actual cleanup, according to the minority counsel with the U.S. House of Representatives. Keith Cole’s observation came as little surpr…


METALS MARKETS — FREE MARKET (December 27, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Dec. 21 Dec. 20 Dec. 17 Dec. 16 Dec. 15 Copper 1713-1714 1744-1745 1723-1724 1715-1716 1713-1714 Lead 463-464 471-472 467-468 476-477 44…


Inco offering increases in size

An underwriting group will offer six million shares of Inco (TSE) to the public. Initially, the underwriting involved five million shares, but, because of investor demand, Inco decided to boost the of…



Nucore, New Aegis plan Venezuelan work

A second phase of work is planned for the NCJ gold concession in east-central Venezuela. A 1993 program by owners Nucore Resources (VSE) and New Aegis Resources (VSE) focused on geochemical and geophy…


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