Ontario staking hits 4-year high
Ontario recorded a 56.8% increase in claim-staking last year to make 1992 the most active year since 1988. According to the Mines and Minerals Weekly Bulletin, the number of claim units staked in the …
Articles by Northern Miner Staff
Province sets safety records
The Ontario mining industry achieved its lowest injury rate ever, according to figures released by the Mines Accident Prevention Association of Ontario. The frequency rate of total injuries requiring …
Preble awarded Rand medal
The chief executive officer of Southern Peru Copper Corp. of New York has been awarded the Charles F. Rand Memorial Gold Medal by the American Institute of Mining, Metallurgical and Petroleum Engineer…
Republic Goldfields to restructure debt
Republic Goldfields (VSE) has entered into agreements with its two principal bankers, the Bank of Nova Scotia and the Royal Bank of Canada, to restructure and refinance all of its existing $3.2 millio…
Joe Mann output declines in 1992
Copper and gold output at Campbell Resources’ (TSE) Joe Mann mine near Chibougamau, Que. declined by over 20% last year. In 1992, the mine produced 70,200 oz. gold and 1.2 million lb. of copper compar…
Open-pit strip ratios deceptive
Most depictions are more realistic in three dimensions than in two. The grade and tonnage figures of a newly discovered orebody may look like a bonanza but only by including the depth of the orebody b…
STOCK MARKETS — TSE 300 index climbs during busy trading
Although corporate Canada continues to crank out layoff notices and the “recovery” seems far from a sure thing, Canadian investors are invading the stock market. During the week ended March 9 — when …
Spot prices at a glance (March 15, 1993)
Week’s Price (US) Change Gold* $326.50 $3.05 Silver* $ 3.57 $0.01 Platinum* $345.00 + $2.50 Nickel** $ 2.72 + $0.04 Lead** $ 0.19 $0.00 Copper $ 0.97 $0.00 Zinc $ 0.45 $0.01 Courtesy of Scotiabank. In…
Orvana hits high-grade values
A recent trenching program on Orvana Minerals’ (TSE) Central Inlier property in Jamaica has encountered high-grade gold mineralization. A series of trenches was excavated along a strike length of 120 …
FINANCING (March 15, 1993)
Mountain Province Mining — 1,250,000 units @ 66 cents per unit where each unit consists of 1 sh and 1 two year Series G sh purchase wts. 2 Series G wts to purchase 1 sh.
GOLD FUNDS (March 15, 1993)
BGR Central Net Value $8.67 $4.86 Price $6.75 $4.50 Discount 22.13% 7.4% Value $48,557,000 $75,709,350…
TORONTO STOCK EXCHANGE INDICES (March 15, 1993)
Mar.9 Mar.8 Mar.5 Mar.4 Mar.3 High Low Composite”300″ 3553.21 3551.04 3524.49 3501.29 3467.18 4009.47 3009.91 Metals&Minerals 2939.46 2895.99 2819.56 2815.09 2828.35 3453.06 2502.63 Integrated Mines30…