Articles by Northern Miner Staff

NEWS ROUNDUP — Similco mine shutdown

The recent drop in copper prices and uncertainty over future prices have prompted Princeton Mining (TSE) to close the Similco open-pit copper mine near Princeton, B.C. The shutdown will take effect Se…



Exall increases technical staff in Mexico

Re-activated just over one year ago, Exall Resources (TSE) now has more than 20 employees operating out of its Mexican office, Vice-president of Exploration Peter Holmes told shareholders at the annua…


NEWS ROUNDUP — San Andreas funds Prairie Creek

A private placement has been arranged by San Andreas Resources (VSE) to fund ongoing work at its Prairie Creek project, 500 km west of Yellowknife, N.W.T. Recent work has focused on a flat-lying, stra…



Cathedral acquires option on Guyana property

Increased prices of Venezuelan concessions have prompted junior companies to investigate opportunities in neighboring Guyana and Suriname. A recent entrant, Cathedral Gold (TSE), acquired an option to…


Metals sub-index off sharply in April

A sharp drop in copper and potash prices in April led to a new cyclical low for the metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index. Base metal prices continue to be pla…


Echo Bay granted Alaskan permit

Clearing its first major hurdle in Alaska, Echo Bay Mines (TSE) has received a permit from the city of Juneau to proceed with development of the A-J mine, Chairman Robert Calman told shareholders at t…



NEWS ROUNDUP — Cathedral lowers operating costs

Operating costs of US$216 per oz. were reported by Cathedral Gold (TSE) for the first quarter, compared with US$268 per oz. for the same period last year. The decrease was due to slightly-higher-than-…


Spot prices at a glance (June 14, 1993)

Week’s Price (US) Change Gold* $370.65 + $2.40 Silver* $ 4.37 $0.00 Platinum* $383.40 $5.85 Nickel** $ 2.52 $0.03 Lead** $ 0.18 $0.00 Copper $ 0.83 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiabank. In…


Pezim buys Prime

A recent agreement provides for Murray Pezim to buy 1.9 million shares of Prime Equities International (VSE) from Prime Resources Group (VSE) and Homestake Canada. Pezim will pay $3.64 million. The ac…


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