Tribute paid to metallurgists
The international metallurgy community paid tribute recently in Montreal to two Canadian scientists for their contribution to the steel refining process. Guy Savard and Bob Lee, now retired Canadian L…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — Proper term for strikebreakers
I am shocked by the article in your Sept. 28, 1992, issue. Your reference to those who cross the picket line as “scabs” is horrible. I am speechless. You should be ashamed of yourselves. Apparently, y…
BOOKS IN REVIEW — Rockburst classic
Rockburst Handbook for Ontario Hardrock Mines, by David Hedley. Published by The Canada Centre for Mineral and Energy Technology. Library and Documentation Services Division, 555 Booth St., Ottawa, On…
Inco reports lower earnings
International producer Inco (TSE) says it realized an average price for its nickel of US$3.47 per lb. during the third quarter of 1992 and US$3.51 during the first nine months, compared with US$3.90 a…
STOCK MARKETS — Adrian financing provides funds for Panama
The Vancouver Stock Exchange is continuing to attract negative press, the most recent being an unflattering article in Barrons. The fallout, coupled with gold’s renewed slide toward questionable suppo…
Spot prices at a glance (November 02, 1992)
Week’s Price (US) Change Gold* $338.20 – $5.30 Silver* $ 3.77 – $0.04 Platinum* $356.50 – $0.75 Nickel** $ 2.78 + $0.03 Lead** $ 0.23 – $0.01 Copper{ $ 1.02 – $0.01 Zinc{{ $ 0.50 – $0.01 Courtesy of S…
Coeur plans public offering
A registration statement was recently filed with the Securities and Exchange Commission by Coeur d’Alene Mines (NYSE) for a US$75-million public offering of convertible subordinated debentures. The Id…
Placer options base metal property near Quebec City
An option agreement has been signed between Cache Explorations (ME) and Placer Dome (TSE) on Cache’s Riviere-a-Pierre property northwest of Quebec City. Under the agreement, Placer can acquire a 60% i…
Private placement to raise US$5 million for Seine River
A private placement with K.B. Resources is expected to inject US$5 million into Seine River Resources (VSE). K.B. Resources, a private firm owned by Seine directors Bernard Brynelsen and Mervin Davis,…
METALS PRICES — FREE MARKET (November 02, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct. 27 Oct. 26 Oct. 23 Oct. 22 Oct. 21 Copper 1427-1428 1405-1406 1382-1384 1382-13…
PRODUCER PRICES (November 02, 1992)
ALUMINUM: MW U.S. market US53.50-54.50 cents per lb. (Oct. 15, 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, 199…
GOLD FUNDS (November 02, 1992)
BGR Central Net Value $8.19 $5.14 Price $7.00 $4.90 Discount 14.55% 4.7% Value $47,847,000 $82,439,070…