Articles by Northern Miner Staff


250 idled at Kidd Creek

Falconbridge will lay off 250 workers at its Kidd Creek complex in Timmins, Ont. A downturn in base metal prices has caused the layoffs, according to the company, a unit of Noranda (TSE) and Trellebor…


Base metal woes — New business plan for Trail

A long-range plan to ensure the financial viability of its smelter complex at Trail, B.C., has been unveiled by Cominco (TSE). Last year’s plan, laid out by the province’s job protection commissioner,…


NEWS ROUNDUP — Vengold secures Oro Uno

Some of the proceeds from a recent $42-million private placement has been used by Venezuelan Goldfields (VSE) to complete acquisition of the Oro Uno property in Venezuela. The company has $20 million …


Summer shutdown at Gibraltar

Operating losses have prompted Gibraltar Mines (TSE) temporarily to shut down the McLeese Lake open-pit copper mine and mill. The recent drop in the price of copper made it necessary to conserve cash,…




NEWS ROUNDUP — Stratmin gets graphite technology

An agreement between Stratmin (ME) and St. Genevieve Resources (TSE) gives the former the right to develop and operate two new technologies for graphite purification and laminated graphite. The purifi…


NEWS ROUNDUP — Cal Graphite makes rights offering

Shareholders of Cal Graphite (VSE) are being offered two transferable rights for each common share held. Each right entitles the holder to buy one common share for $1.40 per share. The offering will r…


Gold Funds (June 07, 1993)

BGR Central Net Value $12.49 $5.89 Price $11.50 $6.375 Discount 7.95% 8.2% Value $69,978,000 $107,254,913…



Toronto Stock Exchange Indices (June 07, 1993)

— Week — Jun 1 May 31 May 28 May 27 May 26 High Low Composite”300″ 3856.87 3882.68 3866.44 3869.72 3865.17 3883.42 3854.32 Metals&Minerals 2907.15 2952.02 2937.53 2944.09 2927.40 2952.02 2907.15 Int…


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