Inco to meet with union on underground proposal
Nickel giant Inco (TSE) will meet with union officials at its Sudbury, Ont., operations on Jan. 4 to discuss a proposal that would shift 85 unionized and non-unionized office workers into underground …
Articles by Northern Miner Staff
NEWS ROUNDUP — Beauchamps drills Quebec property
Drilling has commenced on Beauchamps Exploration’s (VSE) 87-claim Verneuil Twp. gold property just east of Lebel-sur-Quevillon, Que. In October, gold mineralization was discovered in a new pyrite-bear…
Encouraging assays from South Pipeline
Encouraging assay results were released by Royal Gold (NASDAQ) from the South Pipeline gold project in Nevada. The Denver-based company owns a 20% net profits interest in the property where a deeper h…
Lithoprobe has implications for mineral exploration
Lithoprobe, an integrated geoscience research program created in 1987, is providing new insights into mineral exploration in several mining camps in the Abitibi greenstone belt in Ontario and Quebec. …
Cons. Nevada eyes new properties
The objective of Peter Bojtos, president of Consolidated Nevada Goldfields (TSE), is to make his company grow through property acquisitions. Bojtos was in Toronto recently presiding over Consolidated …
Dayton director sells following property deal
Just a few weeks after Dayton Mining (TSE) agreed to vend a 25% interest in its wholly owned Andacollo gold project in Chile for $22.6 million, director Kamel Lazaar sold 20% of his stake in the Vanco…
Prime Equities targets Peace River
Promoter Murray Pezim’s Prime Equities International (VSE) is making a splashy entrance into the diamond exploration business by applying for mineral prospecting permits covering about 4.1 million acr…
PRODUCER PRICES (December 21, 1992)
ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Princeton plans Mexican acquisition
A proposed merger with Chutine Resources (VSE) in concert with an agreement with Mexican interests is expected to give Princeton Mining (TSE) a 100% interest in a private Mexican company. The private …
METALS MARKETS — Seasonal shutdowns may be extended
In an attempt to bring inventories in line with demand, much of the Western World’s heavy industry is planning extra-long shutdowns during the normally slow Christmas and New Year’s period. Along with…
STOCK MARKETS — Diamond exploration interest sustains
Western markets enjoyed a relatively buoyant month in November, particularly the Vancouver Stock Exchange where all measures of market activity rose along with stock prices. The turnaround can be larg…
TORONTO STOCK EXCHANGE INDICES (December 14, 1992)
Dec.8 Dec.7 Dec.4 Dec.3 Dec.2 High Low Composite”300″3290.86 3293.09 3289.42 3264.91 3265.25 4009.47 3009.91 Metals&Minerals 2803.18 2555.97 2759.39 2747.71 2777.06 3453.06 2502.63 Integrated Mines291…