Articles by Northern Miner Staff

LETTERS TO THE EDITOR — OSC new rules pose dilemma

The Ontario Securities Commission’s proposed new rules for marketing low-cost speculative securities by dealers who are not members of The Toronto Stock Exchange or Investment Dealers Association, I a…


METAL PRTCES — FREE MARKET

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 15 Sept. 14 Sept. 11 Sept. 10 Sept. 9 Copper 1289-1290 1279-1280 1242-1243 121…


PRODUCER PRICES (September 21, 1992)

ALUMINUM: MW U.S. market US59.25-59.75 cents per lb. (Sept. 3, 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…


Barnwell acquiring shares in MSV

A private company incorporated in the British Virgin Islands, Barnwell Investments Ltd., has an agreement with Northgate Exploration (TSE) to acquire more than 5.6 million shares of MSV Resources (ME)…



Employees plan buyout at Balmer

Former employees of Westar Mining’s (TSE) Balmer coal mine here in the Canadian Rockies are learning all about uncertainty. To save their jobs in this picturesque town of 5,000, their union, United Mi…



NEWS ROUNDUP — Sherritt makes public offering

Nickel refiner Sherritt Gordon (TSE) says it will make a public offering of shares and warrants worth $60 million. The offering consists of 7.5 million units priced at $8 per unit. Each unit is made u…


Securities dealers say OSC trying to shut them down

The nine member firms of the Securities Dealers Society of Ontario (SDS) have launched a lawsuit against the Ontario Securities Commission (OSC) and the OSC’s chief compliance officer, Donald Page, ov…



Lac enters Irish zinc play with US$70-million deal

Following a global search for new prospects by its business development arm, Lac Minerals (TSE) has agreed to acquire all of Chevron’s mineral interests in Ireland for US$70 million. The property port…



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