Articles by Northern Miner Staff


COMMENTARY — Early mining in New Brunswick

Mining in New Brunswick started in 1839. In that year, French sailors removed several chaldrons of coal from the Grand Lake area and sent them to Boston. The shipment represented New Brunswick’s first…


GOLD FUNDS (August 16, 1993)

BGR Central Net Value $13.81 $6.41 Price $12.00 $6.625 Discount 13.12% 3.4% Value $77,366,000 $119,907,863…


U.S. REPORT — Southern Copper shuts Oracle

Continuing losses have prompted Southern Copper (VSE) to close its 70%-owned Oracle Ridge copper mine in Arizona until mid-October. The company plans to review all aspects of the mill to consider poss…


ODDS’N’SODS — Avalanche! (1)

Avalanches rarely make headlines. Occasionally, they create havoc on the ski-slopes and that’s about the only time we hear of them. But in high-mountain country in winter, they are an ever-present haz…


METAL PRICES — FREE MARKET (August 16, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Aug. 10 Aug. 9 Aug. 6 Aug. 5 Aug. 4 Copper 1936-1937 1957-1958 1968-1969 1958-1959 1954-1955 Lead 392-393 391-392 397-398 404-405 398-39…



TORONTO STOCK EXCHANGE INDICES (August 16, 1993)

— Week — Aug 10 Aug 9 Aug 6 Aug 5 Aug 4 High Low Composite”300″ 4028.44 4002.20 3959.96 3947.58 3988.54 4028.64 3945.87 Metals&Minerals 3118.83 3035.02 3014.85 3025.10 3033.85 3126.25 3009.80 Integr…


U.S. REPORT — Phelps Dodge protects price

Copper producer Phelps Dodge (NYSE) is benefiting from a hedging program that applies to about 45% of its projected 1993 output. The company reports that contracts with several financial institutions …




Tandem sells control of Matt Berry

Montreal-listed junior Tandem Resources (ME) has sold most of its 25.3% controlling interest in Matt Berry (CDN) to GTL Investments, a private Toronto-based company. In another transaction, Matt Berry…


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