EDITORIAL PAGE — We all sink or swim
When Price Waterhouse talks mining, people listen. For the past 24 years, the firm has summarized the financial results and economic impacts of British Columbia’s mining industry, and its annual repor…
Articles by Northern Miner Staff
Correction (August 10, 1992)
Contrary to what was reported in the July 20 issue of The Northern Miner, Royal Gold (NASDAQ) was never a minority partner in the Cortez joint venture currently exploring the Pipeline gold deposit in …
Falconbridge drilling at White Star
Shares of White Star Copper Mines (CDN) broke through the $1 mark in active trading on growing speculative interest in the current drilling being carried out by Falconbridge on the company’s small but…
Joint venture for Haile project
New partners Piedmont Mining (NASDAQ) and Amax Gold (NYSE) recently signed a definitive joint venture agreement for the Haile property near Kershaw, S.C. Amax announced the purchase of a 67.5% interes…
LATIN AMERICA — Kalahari active in Mexico
More than US$440,000 has been spent by a unit of Kennecott during the past 18 months on exploration of the lead-zinc-silver Parranda Manto project at Chihuahua, Mex., Kalahari Resources (VSE) reports….
OBITUARY — Richard Murphy
Well known mining engineer Richard (Dick) Murphy, long associated with the Newmont mining organization, has died at the age of 86 following a lengthy illness. A 1927 graduate of Harvard University and…
STOCK MARTKETS — Joint venture formed for Holloway gold
It was not a great week for the precious metals gold and platinum. The former fell by almost $10 while the latter succumbed to the protests of striking workers in South Africa. Although the gold price…
Spot prices at a glance (August 10, 1992)
Week’s Price (US) Change Gold* $352.90 – $5.30 Silver* $ 3.88 – $0.06 Platinum* $377.35 + $3.35 Nickel** $ 3.34 – $0.03 Lead** $ 0.30 + $0.01 Copper $ 1.13 – $0.01 Zinc $ 0.61 $0.00 Courtesy of Scotia…
Noranda, Rhonda to test Woolgar
Drilling is expected to commence on the Woolgar copper property in the Northwest Territories in early August, reports Rhonda Mining (ASE). Noranda (TSE), as owner and operator of the 37,375-acre prope…
Earnings improve at Rio Algom
Recently cut loose by its parent, RTZ (NYSE) of London, Toronto-based Rio Algom (TSE) realized earnings of $8.2 million in the second quarter compared with $6.4 million for the same period of 1991. Ri…
Program under way at More Creek
An exploration program is under way at the More Creek property owned by joint venture partners Adrian Resources (VSE) and Hemlo Gold Mines (TSE). The polymetallic mineralization on the More Creek prop…
TVX, Golden Knight hit new zones near Casa Berardi Est
TVX Gold (TSE) and Golden Knight Resources (TSE) have discovered two gold zones about 100 metres northeast of their jointly owned Casa Berardi Est mine in northwestern Quebec. The companies say a bore…