Some facts on diamonds worth remembering
Investors around the globe are holding their breath in anticipation of bulk sample results from the Lac de Gras diamond play in the Northwest Territories. The sample is a follow-up to a recent discove…
Articles by Northern Miner Staff
NEWS IN BRIEF (March 30, 1992)
American Highland Mining Corp. (AHM:VSE) has changed its name to Cryocon Containers Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Pacific Corporate Trust…
Analysts see little hope for gold
The general consensus among analysts these days is that the gold price will remain flat or even drop further in the months to come. During the week following St. Patrick’s day, March 17, gold fell alm…
Russian sales upset nickel market
Nickel — A rise in Russian exports is having a disquieting effect on global markets. Nickel prices have been consolidating for almost two years, and producer mine closures and other cutbacks in produ…
PRODUCER PRICES (March 30, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar. 5, 1992). CADMI…
EDITORIAL PAGE (March 30, 1992)
When mineral explorationists gather in Toronto this week for the Prospectors and Developers Association of Canada’s annual convention, they’re not going to hear too much about Canada. The buzzword is …
Timmins Nickel adds reserves to Dome Mountain mine
Toronto-based Timmins Nickel (TSE) recently reported some encouraging new developments at its Langmuir nickel project near Timmins, Ont., and at the Shaw Dome gold mine in British Columbia. Timmins Ni…
Exploration methods have seen great changes in past 25 years
The past twenty-five years have seen substantial changes within the mining industry in terms of geological theories, technical procedures, equipment design, interpretation techniques and data presenta…
Atlantic exploration in need of a lift
A stagnant gold price and a dearth of new discoveries continue to inhibit the flow of exploration capital into the provinces of Nova Scotia and New Brunswick. Nova Scotia’s Department of Natural Resou…
Amax Gold, Bema to combine on Refugio property in Chile
If a recently signed letter of intent to purchase Cia Minera Refugio’s 50% interest in the Refugio property is completed, Amax Gold (NYSE) and Bema Gold (TSE) will become joint venture partners in the…
Aquamin seeks sunken treasure
This summer Aquamin Resources (VSE) plans to embark on a unique quest for gold, specifically some 800 tons of concentrate grading 4 oz. gold per ton on a sunken barge lying under 300 ft. of water. The…
Alberta Stock Exchange (March 30, 1992)
Just about every junior with ground between Yellowknife, N.W.T., and the Lupin gold mine traded close to its yearly high during the week ended March 24 as several truckloads of bulk sample were shippe…