PAMOUR: Beats the odds
Take a single paper match and cut a piece from the end just a little shorter in length than the match is wide. This fragment then represents the amount of gold the Pamour mine has in one ton of ore. A…
Articles by Northern Miner Staff
R.I.P.
The Northern Miner Magazine was born in 1986. From the beginning it was an outstanding success. Both readers and advertisers were drawn to the publication because of its lively mix of featurish-type, …
WITTE’S ROYAL TOUCH
Few mining executives have faced such complex and demanding challenges as those taken on recently by Margaret (Peggy) Witte, the hands-on chairman, president, and chief executive of Royal Oak Mines. W…
Barrick doubles first-quarter earnings
Significant increases in production, earnings and cash flow are reported by American Barrick Resources (TSE) for the first quarter. Net income doubled to US$46.1 million (16 cents per share) for the t…
LATIN AMERICA ROUNDUP — Waseco acquires Roberto option
An option agreement to acquire the rights to lease the Roberto mining claims in the Mexican state of Chihuahua has been negotiated by Waseco Resources (CDN) with Oso Exploration Services. Oso’s option…
Spot prices at a glance (April 26, 1993)
Week’s Price (US) Change Gold* $339.15 + $1.60 Silver* $ 3.91 + $0.01 Platinum* $369.75 + $7.75 Nickel** $ 2.70 0.00 Lead** $ 0.19 0.00 Copper $ 0.84 $0.06 Zinc $ 0.46 $0.01 Courtesy of Scotiabank. In…
MSV intersects trio of lenses
Initial work at the Copper Rand property near Chibougamau, Que. has uncovered three lenses in the area of Shaft No. 4 on the 2100 level, MSV Resources (ME) reports. The company says the lenses are nea…
FINANCING (April 26, 1993)
Seawest Res. — 1,500,000 shs. @37 cents per sh.
Two holes drilled at Douay Northwest
Results from two holes drilled at the Douay Northwest gold project in Douay Twp., northwestern Quebec, have been reported by Soquem, Societe d’Exploration Miniere Vior (ME) and Northern Abitibi Mining…
METAL PRICES — FREE MARKET (April 26, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 20 Apr. 19 Apr. 16 Apr. 15 Apr. 14 Copper 1196-1197 1221-1222 1240-1241 1281-12…
PRODUCER PRICES (April 26, 1993)
ALUMINUM: MW U.S. market US52-53 cents per lb. (Apr. 8, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 11, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CAD…
Nebex schedules Northbelt work
A drill rig has been moved to the Northbelt property in the Mackenzie division of the Northwest Territories to undertake a 4-hole, 3,000-ft. program, Nebex Resources (ASE) reports. Nebex can earn a 50…