Mexican government focuses on environment
Until a couple of decades ago, terms such as “ecology,” “pollution,” “environmental protection” and “reforestation” were seldom heard in the Mexican mining industry. Today, they are not only heard eve…
Articles by Northern Miner Staff
Chesbar, Spirit in Venezuela
Two Montreal-listed companies, Spirit Lake and Chesbar Resources, plan immediately to explore their newly acquired La Salle concession in the Anacoco area of Venezuela. The option (30% for each compan…
Gold City acquires western gold claims
Calgary-based Gold City Resources (ASE) has optioned 450 claim units in southern British Columbia from a private Alberta company in return for the issuance of shares. Exploration on the 25,000-acre pr…
Goldpost concludes Hislop property sale
Shareholders have approved the sale of Goldpost Resources’ (TSE) gold properties in northern Ontario to St Andrew Goldfields (TSE). The three contiguous properties — Hislop East, Holcorp and Valliere…
CHILEAN REVIEW — Hefty foreign investment
The Chilean mining industry benefited from about US$1.5 billion in foreign investment in 1992, according to the Chile Copper Commission. Projects with major investments included Cominco’s Quebrada Bla…
Sudden drop in nickel inventories
The price of nickel has dropped to US$2.54 per lb. (compared with US$2.61 at the end May) following a sudden decrease in London Metal Exchange (LME) inventories to 90,492 tonnes (95,274 at the end of …
Metal Prices (June 28, 1993)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…
Gold Funds (June 28, 1993)
BGR Central Net Value $12.46 $5.77 Price $11.38 $6.25 Discount 8.69% 8.3% Value $69,786,000 $113,120,625…
CHILEAN REVIEW –Dayton’s Andacollo open to offers
Toronto-listed Dayton Mining continues to search for proposals or offers for its Andacollo project in central Chile. A funding arrangement with a Malaysian group collapsed earlier this year and the co…
Toronto Stock Exchange Indices (June 28, 1993)
— Week — Jun 29 Jun 28 Jun 25 Jun 24 Jun 23 High Low Composite “300” 3935.74 3922.43 3906.94 3903.71 3892.42 3935.74 3881.22 Metals & Minls 2997.82 3000.97 2977.30 2935.19 2919.18 3003.53 2899.89 In…
Princeton plans more work for Rio Lluta copper project
Toronto-listed Princeton Mining is considering joint-venturing a portion of its interest in the Rio Lluta project near Arica in northern Chile. The company drilled 11 rotary holes, intersecting what i…
Boron evaluates properties
Private placement funds totaling $500,000 will be used to evaluate boron properties held by the Chilean subsidiary of Boron Chemicals International (VSE) in Chile and Bolivia. The private placements w…