Articles by Northern Miner Staff

Spot prices at a glance (March 16, 1992)

Week’s Price (US) Change Gold* $349.00 – $1.20 Silver* $ 4.15 + $0.04 Platinum* $363.25 + $2.50 Nickel** $ 3.40 + $0.04 Lead** $ 0.24 $0.00 Copper $ 1.01 – $0.01 Zinc $ 0.53 – $0.01 Courtesy of Scotia…


FUTURES PRICES (March 16, 1992)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 102.05 101.70 102.10 …. May 102.20 101.15 102.05 – 0.10 Jul 101.60 100.80 101.50 …. SILVER (in US cents p…


METAL PRICES (March 16, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 Copper 1299-1301 1285-1286 1295-1296 1318-1319 1313-1…


Viceroy pours its first gold

After a long and hard uphill battle, Viceroy Resources (TSE) is finally celebrating its first gold pour at its 75% owned Castle Mountain open pit heap leach project in San Bernardino Cty., Calif. Vice…


Autoclaving, bioleaching replacements for roasting

It’s difficult to specify how much of the world’s gold reserves are tied up in refractory ores, which do not yield their gold to cyanidation without prior treatment. But South Africa’s General Mining …


Canmine hits narrow lenses

Canmine Resources (CDN) has intersected some narrow sulphide lenses on its 100% owned FER property 28 miles northeast of Flin Flon, Man. Hole FER 1, drilled on the southern fringe of the target conduc…


Metal prices buoy commodity index

Stronger metal prices helped the commodity price index of Scotiabank pick up in January and move ahead by 1.3% compared with December. The stronger metals, forestry and agricultural prices more than o…


Wheaton warrants

The recent exercising of 698,550 warrants at 60 cents each at the end of February netted Wheaton River Minerals (TSE) $419,130, the company reports.


Lenora options 61 claims near Larder Lake

Encouraged by recent results from a diamond drill hole, Greater Lenora Resources (TSE) has signed an option agreement on a 61-claim property in Rickard Twp., near Larder Lake, Ont. The company is also…


Correction (March 16, 1992)

Contrary to what was reported in (T.N.M., March 2/92), Lyon Lake Mines (ME) will hold only 900,000 shares of Mosquito Consolidated Gold Mines (VSE) after selling its 52% interest in the Mosquito Creek…


Quill Lake results being evaluated

The first phase of an approximate $150,000 exploration program at the Quill Lake, Ont., property of Hemlo Gold Mines (TSE) is complete, Golden Tag Resources (VSE) reports. Tag, which optioned the prop…


Newmont in gold deal with Uzbekistan

Colorado-based Newmont Mining (NYSE) is set to use technology developed in the U.S. to mine gold in the former Soviet Union after signing a joint venture agreement with the Republic of Uzbekistan. Und…


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