EDITORIAL PAGE — Give us a break
We are a high-wage, highly educated society. We cant simply rely on shipping out our natural gas and crude oil and lumps of rock. So says Robert Fairholm, managing economist at DRI/McGraw-Hill in Toro…
Articles by Northern Miner Staff
COMMENTARY — The diamond-cobalt bond
Diamonds are still the hardest substance available for cutting, but only in a few cases (for example, wheel dressing) are large stones used on their own. Most diamond tooling is made in a manner simil…
PRODUCER PRICES (August 09, 1993)
ALUMINUM: MW U.S. market US56-57 per lb. (July 29, 1993). ANTIMONY: MW New York dealer US76-80 per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CADMIUM: MW Ne…
Gold Vessel reports Venezuela results
Trench results have been received from the Choco-6 gold property in El Callao district in Venezuelas Guyana Shield, reports Gold Vessel Resources (ASE). Three trenches, one of which represents a deepe…
Placer Dome loosens reins — Independent-minded Gibraltar
Since production started in 1972, Gibraltar Mines (TSE) has adapted to adversity several times and survived. It hopes to continue that strategy partly by expanding mill capacity at its Gibraltar open-…
Cambior output rises by 29%
Gold production increased by 29%, to 233,321 oz., during the first half of 1993 compared with the same period last year, Cambior (TSE) reports. The increase is attributed to start-up of production in …
Amax writes down Hayden Hill
High operating costs resulting from lower-than-expected head grades at the Hayden Hill mine prompted Amax Gold (NYSE) to take a second-quarter writedown of US$69 million. Since June, 1992, when the mi…
Jordex reviews Hushamu project
A team of independent specialists has completed a review of the Hushamu copper-gold project on northern Vancouver Island, B.C. The study was commissioned by Jordex Resources (TSE), which is earning a …
NEWS ROUNDUP — Chesbar, Spirit option third play
Two Montreal-listed companies, Chesbar Resources and Spirit Lake, have clinched a deal on a third Venezuelan gold property. Known as the July Concession, this prospect covers 2,000 hectares in the act…
TSE Short Positions (August 02, 1993)
Semi-monthly reports as of July 15, showed 82,360,427 shares of 728 issues compared with 80,138,215 shares of 704 issues on June 30. Larger individual positions included: Aber 107,000, down 25,000; Ag…
NEWS ROUNDUP — Loubel options Messeguay play
A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…
DIAMOND PAGE — DHK results represent next milestone in
At presstime, investors were eagerly awaiting results of recent drilling on property held by DHK Resources in the Lac de Gras area. The DHK group of companies, along with partner Kennecott Canada, has…