Miners downplay Guyana emergency’
Mining companies with properties in Guyana say they aren’t concerned about the recent postponement of local elections following allegations that the ruling Peoples National Congress Party (PNC) had ri…
Articles by Northern Miner Staff
Uranium price continues to fall
The price of uranium continued to decline, with dealer Nukem recording a November bid-offer price range for U3O8 of US$6.75-7.70 per lb. The mineral began 1991 priced below US$10. The current prices a…
Curragh sells assets to handle liquidity squeeze’
After returning from a skiing vacation in Wyoming, Curragh Resources (TSE) Chairman Clifford Frame has resumed discussions aimed at easing the zinc-lead-coal producer out of its financial plight. With…
Risk management
The Seventh Mineral Economics Symposium will take place Jan. 16 in Toronto’s Sheraton Centre. Topic is “Back to basics: managing the risks to reap the rewards.” The symposium is held by Toronto’s Mine…
Fort Knox raises additional $272,000
Most of the investors holding warrants in Fort Knox Gold Resources (TSE), including Inco (TSE), have exercised those warrants, raising $272,000 for further exploration on the Fawcett Twp. property nea…
LETTERS TO THE EDITOR (January 13, 1992)
In reference to the article “Air prospecting less in demand” (T.N.M., Dec. 2/91), it is true there is less flown now than in the past. But what people must realize is that now the quality of the colle…
Spot prices at a glance (January 13, 1992)
Week’s Price (US) Change Gold* $350.30 – $3.10 Silver* $ 3.95 + $0.09 Platinum*$335.50+ $1.30 Nickel**$ 3.31 + $0.06 Lead** $ 0.24 $0.00 Copper $ 0.95 – $0.03 Zinc $ 0.51 – $0.02 Courtesy of Scotiaban…
Fort Knox Gold assays
In a recently published table of results from Fort Knox Gold Resources’ (TSE) nickel-copper prospect near Shining Tree, Ont., (T.N.M., Jan. 6/91), the copper and nickel assays were reversed. The table…
Quarry funding for Aguathuna
Ontario-based Aguathuna Mining plans to establish a limestone and dolomite quarry at Aguathuna on the Port au Port Peninsula in Newfoundland. The company will receive $700,000 from Ottawa’s Fisheries …
Viceroy hits new zone while mining about to start up
A new zone of high-grade gold mineralization was intersected by recent drilling on the Castle Mountain project 65 miles south of Las Vegas, Nev., in San Bernardino Cty., Calif. Viceroy Resources (TSE)…
B.C. appeals Cream Silver decision
The government of British Columbia is appealing the decision of the province’s Supreme Court which ruled late last year that Cream Silver Mines (VSE) is entitled to compensation for the expropriation …
Melinga, Comaplex plan summer work
The first phase of exploration on a 1,000-square-mile property in Griffin Lake-Cullaton Lake area of the Northwest Territories, 360 miles northeast of Stoney Rapids, Sask., is scheduled to get under w…