Articles by Northern Miner Staff

Glamis reports lower earnings

Despite record production for the first quarter of fiscal 1992, Glamis Gold (TSE) reported lower earnings than in the first quarter of 1991. First-quarter production totalled 18,041 oz. compared to 11…



Martel rebuts remarks on rehab program

Ontario MPP Frank Miclash recently questioned the provincial government’s commitment to the rehabilitation of abandoned mine sites in Ontario. The Liberal member from Kenora in northwestern Ontario ca…


TSE Short Positions (December 02, 1991)

Semi-monthly reports as of November 15, showed 20,814,254 shares of 604 issues compared with 19,829,016 shares of 582 issues on October 31. Larger individual positions included: Amax Gold 68,300; Amer…


OBITUARY (December 02, 1991)

Renowned geologist William Fleming James died on Nov. 25 in Toronto. He was 96. Best remembered as a pioneer in resource development, James was inducted in-to the Canadian Mining Hall of Fame in 1990….


Toronto Stock Exchange (December 02, 1991)

Activity during the week ended Nov. 26 provided more evidence that the climate is improving for junior mining issues. Shares of Fort Knox Gold, for example, shot up to a new 52-week high of $1.75 as i…


METAL PRICES (December 02, 1991)

N.Y. Commodity Exchange Weeks High Low Close Change COPPER (HG) (in US cents per lb.) Dec 105.30 104.60 104.65 + 0.90 Jan 104.60 103.10 104.25 + 1.10 Feb 103.80 103.70 103.70 …. SILVER (in US cents …


View from the West (December 02, 1991)

The mining industry, among others, has been repeatedly beaten over the head with the preservationist theme that 12% of the land must be in parks and wilderness areas ever since the publication in 1987…


Bethlehem Res. insider trades

Bethlehem Resources (TSE) Vice-President Brian Kynoch recently bought 21,438 shares for 38-45 cents to hold 235,688. A previous story (T.N.M., Nov. 25/91) reported that he sold the shares.


Noranda unit seeks partners for plant

Development of a potential hydroelectric site and primary aluminum reduction plant in southern Chile is planned by Noranda Aluminum, a unit of Noranda (TSE), and Proyectos de Aysen SA of Santiago. The…


EDITORIAL PAGE (December 02, 1991)

Have some spare time on your hands? Need a little extra cash? Well, we’ve got a project for you. It’s called “bash the uranium mining business” and it’s all paid with taxpayers’ money. The Federal Env…


Nickel miners big winners as cobalt rallies

Uncertainty about cobalt supplies from Zaire, the Western World’s primary producer, continues to buoy the price of the metal in the range of US$25-$30 per lb. In early November, the free market cobalt…


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