Articles by Northern Miner Staff

Metal Prices — FREE MARKET (January 18, 1993)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1412-1413 1492-1493 1538-1539 1530-1531 …


Metalore critical of judge’s ruling

An appeal by Metalore Resources (TSE) of the 1990 decision that awarded the Brookbank gold property near Beardmore, Ont., to Ontex Resources (ASE) began recently in Toronto. In a harsh opening stateme…


Granges reports record output

Consolidated production reached record levels for Granges (TSE) for the year ended Dec. 31, 1992. The company reported a 6% rise in gold production over 1991 levels to 110,896 oz., and a 66% increase …



Wharf arranges US$20-million loan

Wharf Resources Partnership, which owns the Wharf open-pit gold mine near Lead, S.D., has arranged a US$20-million term loan with a U.S. bank. The Wharf Resources Partnership is 100% owned by Wharf Re…


Imperial sells Crow Butte interest

A net gain of more than $2 million is expected by Imperial Metals (TSE) from the recent sale of a 22% interest in the Crow Butte uranium mine to Uranerz U.S.A. The transaction will increase Uranerz’s …


Nanisivik funds Asquith on new belt

Nanisivik Mines, a unit of Conwest Exploration (TSE), has agreed to fund initial exploration work on Asquith Resources’ (CDN) claims south of Shining Tree, Ont., through a private placement of common …


Hall of Fame adds 9 new members

More than 400 guests gathered recently at Toronto’s Royal York Hotel to honor nine new inductees into the Canadian Mining Hall of Fame. It was the fifth annual banquet, held to recognize the achieveme…



Lencourt under new management

Toronto-based geological consulting firm Watts, Griffis and McOuat (WGM) has sold more than two million shares of Lencourt (TSE) to Interchem (N.A.) Industries in trust. Interchem, a Vancouver-listed …


Diamond play revives Ateba

Ordered to cease trading on The Toronto Stock Exchange almost three years ago, Ateba Mines expects to resume trading, this time on the unlisted market, within the next couple of weeks. “What has made …



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