U.S. dollar pushes gold down
Gold’s recent dip to a 6-year low of US$330 per oz. was largely a function of a strengthening of the U.S. dollar relative to other currencies, some analysts say. “In U.S. dollar terms it got pushed to…
Articles by Northern Miner Staff
EDITORIAL PAGE — Good uranium sense
There is something wonderful about individuals taking advantage of their God-given talents and strengths and using them for their own and mankind’s benefit. The same might be said about Canadian provi…
COMMENTARY — Debate over U.S. Mining Law
Perhaps the most urgent issue for mining in the West has been the attempt to amend or to revoke the Mining Law of 1872. For four or more years, a fight to replace the Law was led by Representative Nic…
Placer Dome improves bottom line
A strong performance from gold operations enabled Placer Dome (TSE) to report a 45% improvement in earnings for the first nine months of this year over the comparable period in 1991. Net earnings reac…
Agnico reports $3.8-million profit
Despite remaining unhedged against weak gold prices, Agnico-Eagle Mines (TSE) reported third-quarter earnings of $3.75 million (13 cents per share) compared with $442,000 (1 cents per share) for the s…
Spot prices at a glance (November 23, 1992)
Week’s Price (US) Change Gold* $ 335.40 + $5.20 Silver* $ 3.77 + $0.06 Platinum* $ 353.50 – $1.10 Nickel** $ 2.43 – $0.10 Lead** $ 0.21 + $0.01 Copper $ 0.97 + $0.01 Zinc $ 0.47 $0.00 Courtesy of Scot…
Tenby property find — Colored microdiamonds spur investor
The discovery of tiny colored stones in the Lac de Gras area of the Northwest Territories has spawned a new surge of investor interest in the diamond exploration game. After joint venture partners Abe…
NEWS ROUNDUP — Beaufield acquires 117 claims
Toronto-based Beaufield Consolidated Resources (VSE) has acquired a 75% interest in three properties near the Freewest Resources (ME) gold discovery in Benoit Twp., Que. Beaufield acquired the three c…
BOOKS IN REVIEW — All about silver
The International Silver Trade, by Tom Mohide. Published by Woodhead Publishing Ltd. Available at the Silver Institute, 1112 16th St. NW, Suite 240, Washington, D.C. 20036. 190 pages. US$135. Author T…
PEOPLE — EAST-WEST RESOURCES
Robert Middleton appointed president and director; James Tutton appointed director.
STOCK MARKETS — Metal prices in decline, Dia Met trades on
Gold stocks were unable to maintain their post-election rally during the week ended Nov. 10 as bullion slid to a 6-year low of US$330.25 per oz. in New York. Having recently touched a new 52-week high…
Saskatchewan’s NDP reverses uranium policy
The government of Saskatchewan has given the green light to uranium mining. That was the important news to have come out of the provincial New Democratic Party’s fractious convention staged recently a…