PRODUCER PRICES (March 01, 1993)
ALUMINUM: MW U.S. market US56-57 cents per lb. (Feb. 18, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…
Articles by Northern Miner Staff
Ownership dispute continues at Oro Uno gold concession
The interim results of an ongoing due diligence investigation into the ownership of the Oro Uno concession in Venezuela’s Kilometre 88 gold district show the complexities of acquiring concessions ther…
Tombill offering to buy back shares
Tombill Mines is making an offer to buy back all of its outstanding class A voting shares and class B non-voting shares at $3.05 per share. The offer will be made through the facilities of The Toronto…
Rea, BMR to proceed with Comstock
A formal joint venture agreement between Rea Gold (TSE) and BMR Gold (TSE) was recently completed for the development of the Comstock gold project near Carson City, Nev. To earn a 50% interest in the …
Ecum Secum is attracted by Cobequid Hills geology
A private exploration company, Ecum Secum Enterprises of Truro, N.S., is speculating that the geology of the Cobequid Hills, Colchester Cty., N.S., may be similar to that of the prolific western-state…
Siam’s Tak mine in operation
The Tak feldspar mine in northeastern Thailand began operations in December, Siam Trading (ASE) reports. Siam, which has a 45% interest in the project, says the deposit contains reserves of about 11 m…
Magma posts record annual output
Arizona-based Magma Copper (NYSE) has announced record production of 768 million lb. copper at a net cash operating cost of 66 cents per lb. in 1992. President Burgess Winter told a recent gathering o…
EXPLORATION AND DISCOVERY: COBALT
The cobalt content of metal concentrates produced in Canada in 1992, as reported in the statistical tables, is 2.2% higher than in 1991. However, the worth of the 1992 production, $136.9 million, is 7…
PROFESSOR KRIGE RESPONDS
With reference to “Kriged Variances Fatally Flawed (September, 1992), I want to draw the author’s attention to several facts of which he is evidently not aware: 1. Effectively, geostatistics originat…
EXPLORATION & DISCOVERY: CHRONIUM
Canada imports all of its chromium requirements, mostly as natural ores and concentrates, but also as ferrochromium. In the first nine months of 1992, imports of ores and concentrates fell by about 22…
OBITUARY — Heinz Veerman
Heinz Veerman, a well-known prospector-geologist died Feb. 16, at his home in West Vancouver. He was 61. Veerman was a principal of Veerman Botel, a Vancouver-based consulting firm. Prior to that, he …
Verneuil Twp. stepout — Freewest intersects 0.29 oz. across
Drilling on the Verneuil Twp. gold property in northwestern Quebec continues to yield encouraging results, including a 20.3-ft. interval grading 0.29 oz. gold per ton from hole VP93-22, a wide stepout…