Miller’s Musings (November 25, 1991)
When Professor Michael Porter released his summary report on the Canadian economy a few weeks ago, it caused a media stir. Most reports seemed to imply that Canada’s resource industries are somehow to…
Articles by Northern Miner Staff
Curragh selling smelter interest (November 25, 1991)
Weak zinc prices, a high Canadian dollar and an investment in Spanish smelting company Asturiana De Zinc were factors in a losing third quarter for Toronto-based zinc-lead miner Curragh Resources (TSE…
Correction (November 25, 1991)
Ressources Robex (ME), which has an option to earn a 25% interest in property belonging to Bateman Bay Mining (ME) in the Chibougamau, Que., area, reported probable reserves of 748,200 tons grading 1….
Uranium Res. increases profits
Texas company Uranium Resources (TSE) managed to stay in the black during the third quarter of 1991 despite production problems at its Rosita uranium property. Uranium Resources reported net income of…
Mining resumes at El Mochito
A labor dispute which disrupted production at the El Mochito lead-zinc mine in Honduras has been resolved. Owner Breakwater Resources (TSE) said operations at the mine resumed on Nov. 7.
Inco considers sinking shaft in 1992 to explore Victor
You didn’t have to be a geologist to recognize the value of the rich copper-nickel intersections on display at Inco’s (TSE) recent annual presentation to the Toronto investment community. Polished up …
Global growth on BHP agenda
Australian conglomerate The Broken Hill Proprietary Co., with interests in mining, oil and gas and steel production, is looking to grow internationally. “We actively seek to expand our overseas invest…
Garde lists on ASE
Class A shares and warrants of Garde, Mining Exploration have been listed on the Alberta Stock Exchange. Trading in the shares and warrants will be delayed pending the close of the prospectus offering…
PRODUCER PRICES (November 25, 1991)
ALUMINUM: MW U.S. market US53.25-53.00 per lb. (Nov. 7, 1991). ANTIMONY: New York dealer US82-84 per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADMIUM: New Yor…
Laramide purchase
Laramide Resources (TSE) has boosted its interest in Norcal Resources (VSE) to 17.5% through the acquisition of 231,593 shares. The transaction was the result of a settlement of outstanding debt.
U.S. REPORT (November 25, 1991)
A study by American Mine Services on the Haile gold property near Kershaw, S.C., has boosted reserves for owner Piedmont Mining (NASDAQ). The study estimated proven and probable reserves minable by op…
Cyprus smelter closed for repairs
Colorado-based Cyprus Minerals (NYSE) is shutting down its copper smelter in Miami, Ariz., for four months to repair damage from an incident in early November which involved a breakout of copper matte…