Articles by Northern Miner Staff

The decision to construct a copper smelter at Kitimat on the British Columbia coast is now delicately balanced — the result of several key decisions made recently by the copper industry around the wo…

Western markets continued to slide over the period ended Apr. 21, with the Easter long weekend dampening an already lacklustre mood for resource issues. The Vancouver Stock Exchange composite index sl…

Toronto-based Hemlo Gold Mines (TSE) recently increased its stake in Freewest Resources (TSE) to 13.4% by purchasing 268,516 common shares under financing agreements signed during the past two years. …

Vital statistics for the Canadian mining industry in 1991 paint a gloomy picture. Value of production, not including petroleum and natural gas, was down 15.9% to $10.4 billion. Employment in mining, c…

Billing itself as a “new breed of copper producer,” Azco Mining (VSE) recently completed a $6.5-million financing in order to secure funds for a bankable feasibility study of its Sanchez copper projec…

Hopes that gold would be able to sustain a rally after it surged to US$341.10 on the futures market were quickly dashed today, April 22, as the spot price in London closed down 20 cents to US$338.10. …

Increased gold purchases by the state-run gold authority here have led to official predictions of a record-breaking production year in this key sector, Guyana’s fifth ranked foreign exchange earner. F…

An exploration program by Yellowjack Resources (VSE) is under way to test several previously outlined copper-gold zones on the Katie claims near Salmo, in southern British Columbia. The first hole of …

BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 21 Apr 20 Apr 17 Apr 16 Apr 15 Copper 1252-1253 NA NA 1262-1263 1247-1248 Lead 3…

Week’s Price (US) Change Gold* $338.30 – $1.30 Silver* $ 3.99 – $0.11 Platinum* $341.60 – $6.90 Nickel** $ 3.39 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.60 + $0.01 Courtesy of Scotia…

Placer miner Jack Fraser says his roots are firmly planted in the Klondike, the Yukon’s historic placer mining region which is being hit by low gold prices and new environmental regulations. “This’ll …