Articles by Northern Miner Staff

LAST BUT NOT LEAST — Formosa served closure order

The Oregon Department of Geology and Mineral Resources has issued Formosa Resources (VSE) a closure order for the Silver Butte base metal mine near Riddle. The order was issued pending the company pos…


METAL PRICES (September 13, 1993)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne Date Sept. 7 Sept. 6 Sept. 3 Sept. 2 Sept. 1 Copper 2011-2012 2006-2008 1994-1995 1986-1988 1970-1972 Lead 385-386 383.5-384.5 37…


Spot prices at a glance (September 13, 1993)

Price (US) Week’s Change Gold* $352.25 $19.55 Silver* $4.26 $0.57 Platinum* $356.50 $25.00 Nickel** $2.03 $0.02 Lead** $0.18 + $0.01 Copper $0.90 + $0.01 Zinc $0.40 + $0.01 Courtesy of Scotiabank. Inf…



Feasibility study for Williams Creek

A feasibility study on the Williams Creek copper oxide project is expected by year-end. The project, 25 miles northwest of Carmacks, Y.T., and accessible by road, is owned equally by Western Copper Ho…


NEWS ROUNDUP — Mining begins at Tillicum

Underground mining is under way at the Tillicum gold property near Nakusp, B.C. The mining is part of an agreement giving Bethlehem Resources (TSE) and Goldnev Resources (VSE) the right to buy the Hei…


Aquiline lands Mexican copper

To diversify its property holdings, Aquiline Resources (VSE) has acquired options on three copper projects in Mexico. The properties, which include the SJ, MDC and CLD, are easily accessible and featu…


PEOPLE (September 13, 1993)

MORGAIN MINERALS — Alfonso Daco appointed vice-president of Minera MGM S.A. de C.V. RICH COAST — Randall Pow appointed director. ORCANA RES. — Alfonso Daco appointed vice-president of Minera Orcana…


Minefinders tests Sawyer potential

The results of a 38-hole program representing 4,000 ft. at the Sawyer gold property in North Carolina indicate the potential for three open-pit zones, Minefinders (VSE) reports. One of the pits, to th…


LAST BUT NOT LEAST — RTZ selling Indal assets

Most North American operations of Toronto-based Indal are being sold to MB Caradon of the United Kingdom. Indal, owned by RTZ Pillar (a unit of New York-listed RTZ), is a diversified industrial compan…



Rio Algom sells potash division assets

Toronto-listed Potash Corp. of Saskatchewan (PCS) will buy the potash division of Rio Algom (TSE) for $160 million, plus working capital. Rio retains a royalty interest in the relevant properties. Alt…


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