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…
Articles by Northern Miner Staff
Brunswick increases reserves at Halfmile Lake deposit
On the eve of the 40th anniversary of the Bathurst, N.B., base metal discovery, Brunswick Mining & Smelting (TSE) has announced a significant increase in reserves at its Halfmile Lake property, one of…
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…
THE LATIN BEAT — Gold Vessel releases trenching results
Alberta-listed Gold Vessel Resources continues to perform surface-trenching and geochemical sampling on its CHOCO-6 property in Venezuela’s El Callao district. So far, sampling has turned up two areas…
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…
Eritrea boasts potential
Eritrea, a newly independent African country on the Red Sea, holds solid potential for mineral deposits, according to a report by R. Rumbold et Associes. “Almost the whole of the country consists of P…
Republic signs second Cuban letter
Vancouver-listed Republic Goldfields has signed a second letter of intent with the Cuban government to explore and develop a large, 2,100-sq.-km. concession on the eastern side of the island. The conc…