Articles by Northern Miner Staff


Munk purchases Horsham stock

American Barrick Resources (TSE) Chairman Peter Munk recently invested almost $6 million to exercise an option to purchase one million shares of Barrick’s oil refining affiliate Horsham (TSE). Munk al…



Flag cuts Sudbury-type alteration

Calgary-based Flag Resources (ASE) says preliminary drill results from the Wanapitei anomaly northeast of Sudbury, Ont., indicate that the company’s first hole is enriched with elements associated wit…


CIM tours Homestake mine

The recent tour of South Dakota mining country, sponsored by the Canadian Institute of Mining, Metallurgy and Petroleum’s (CIM) Toronto branch, proved to be a huge success although the slot machines a…


Base metal prices show improvement

The metal and mineral sub-index rose but the overall commodity price index of Scotiabank dropped in April. The all-items index was off by 1.5% after six consecutive monthly increases. Higher prices in…


Spot prices at a glance (June 15, 1992)

Week’s Price (US) Change Gold* $337.85 – $2.00 Silver* $ 4.06 – $0.03 Platinum* $367.25 – $9.50 Nickel** $ 3.23 – $0.12 Lead** $ 0.25 + $0.01 Copper $ 1.03 + $0.02 Zinc $ 0.66 + $0.02 Courtesy of Scot…


STOCK MARKETS (June 15, 1992)

Shares of SouthernEra Resources and Aber Resources shot up to new highs during the week ended June 9, as more companies moved into the Northwest Territories to stake claims around Lac de Gras and beyo…


Robex set to buy Bateman copper project in Quebec

Quebec exploration company Robex Resources (ME) is negotiating to acquire a controlling stake in its 25% owned Bateman Twp. property in Chibougamau, Que., after releasing results from a 9-hole drill p…


METALS PRICES (June 15, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 9 June 8 June 5 June 4 June 3 Copper 1228.5-1229.5 1232-1233 1240-1241 1226-122…


FINANCING (June 15, 1992)

Arlo Res Ltd. – 700,000 shs offered @ 51 cents per sh. Golden Ring Res. – 500,000 units consisting of 1 sh and 2 wts offered @ $1.11 per unit. Intertech Minerals Corp. – 1,250,000 shs offered @ 18 cen…


PRODUCER PRICES (June 15, 1992)

ALUMINUM: MW U.S. market US60-61 cents per lb. (May 28, 1992). ANTIMONY: New York dealer US80-85 cents per lb. (May 21, 1992). BISMUTH: New York dealer US$2.40-2.65 per lb. (May 21, 1992). CADMIUM: Ne…


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