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…
Articles by Northern Miner Staff
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…
Global opportunities, challenges abound
Delegates to the recent Northwest Mining Association convention were given a whirlwind “tour of the world” in three days without having to leave their comforts here. Following the theme “New World of …
ODDS ‘N SODS — Legend of miners’ patron saint
Saint Barbara is the patron saint of miners, among other people. She has her special day on Dec. 4. I first learned of Saint Barbara from Hans de Ruiter, a Dutch-born mining engineer living in Kirklan…
Funding for Pend Oreille study
A conditional waiver from the formal valuation and minority approval requirements of an Ontario Securities Commission policy as it relates to an unsecured 7% convertible debenture issue to minority sh…
EDITORIAL PAGE — Recessionary blues
The federal finance minister’s recent economic statement or “mini-budget” has its supporters and its detractors, the more vocal, apparently, being the latter. If anything, Donald Mazankowski’s stateme…
Black Hawk purchasing Redstone nickel mine
Ownership of the Redstone nickel mine near Timmins, Ont., which closed in June, will change hands under a recent deal between Black Hawk Mining (TSE) and Timmins Nickel (TSE). For $150,000, Black Hawk…
Kingswood in property deals with majors
Kingswood Resources (ASE) has negotiated agreements with Kennecott Canada and Soquem on two of its gold and base metal properties in northern Quebec. Kennecott has an option to earn 100% interest in K…