Articles by Northern Miner Staff

Highland Valley in strike position

Highland Valley Copper, owned 50% by Cominco (TSE), 33.6% by Rio Algom (TSE), 13.9% by Teck (TSE), and 2.5% by Highmont Mining, has been facing the possibility of a strike since September when the uni…


Preliminary Spectrum reserve estimate

A reserve estimate was released by Columbia Gold Mines (VSE) and Eurus Resource (VSE) for the Spectrum gold project in the north Iskut region of British Columbia. The project is operated by Columbia, …


Management at Brunswick launches cost-cutting effort

Management at Brunswick Mining and Smelting’s (TSE) No 12. mine is struggling to control costs in the aftermath of a 10-month strike that decimated the company’s balance sheet and knocked the wind out…


Noranda hit by forestry loss

A $20-million loss within its forestry division helped to put Toronto-based Noranda (TSE) firmly in the red during the recent third quarter. After deductions for preferred share dividends, Noranda rep…


U.S. REPORT (November 11, 1991)

Less than five months after the official opening the Van Stone zinc-lead mine in northeastern Washington, Equinox Resources (TSE) has been forced to suspend operations because of low zinc prices. The …


PDAC Perspectives (November 11, 1991)

Native issues are rapidly rising to the top of the list of priorities for the federal, provincial and territorial governments of Canada. They could even eclipse environmental priorities which have dom…


NEWS IN BRIEF (November 11, 1991)

Vero Resources (ASE) has optioned its 25% interest in the Dee-J and Dee-South gold prospects in Nevada to BHP-Utah Minerals. The junior has also entered into a joint venture agreement with Golden Rege…


Spot prices at a glance (November 11, 1991)

Week’s Price (US) Change Gold* $354.40 – $5.40 Silver* $ 4.07 – $0.04 Platinum* $362.25 – $0.75 Nickel** $ 3.34 – $0.03 Lead** $ 0.23 – $0.01 Copper $ 1.08 – $0.01 Zinc $ 0.45 …. Courtesy of Scotiab…


METAL PRICES (November 11, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 5 Nov 4 Nov 1 Oct 31 Oct 30 Copper 1348-1349 1343-1344 1359-1360 1377-1378 1377-…


FUTURES PRICES (November 11, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 107.00 106.80 106.80 – 1.60 Dec 107.20 106.30 106.55 – 1.30 Feb 104.70 104.70 104.70 …. SILVER (in US cents…


Landmark selling 49% of Dominion

Toronto-based Landmark Corp. has been given the green light to sell a 49% stake in Dominion Explorers (TSE) to a privately owned affiliate of Calgary company Aeonian Capital. Subject to regulatory app…


Prospector Larche recovering from Aug. 7 plane crash

Timmins prospector John Larche was in Toronto recently while travelling to Florida to recuperate from an Aug. 7 plane crash near High Level, Alta. Harris Hanson of Kirkland Lake, a close friend and pa…


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