Iceberg sinks Nanisivik zinc
A shipment of zinc concentrate from the Nanisivik mining operation on Baffin Island of Conwest Exploration (TSE) is lying on the ocean floor after the ship it was being carried on struck an iceberg. C…
Articles by Northern Miner Staff
Mishibishu quiet
Activity in the Mishibishu Lake area of northern Ontario has come to a virtual standstill over the past year following a string of disappointments for the area’s two major players. This season, the on…
Equity may monitor tailings for 100 years
Closure of the Equity Silver (TSE) mining operation in British Columbia, forecast for the fourth quarter of 1992, will not herald the end of activity there, not by a long shot. Monitoring of the acidi…
Custom milling can make the difference for some new mines
Mining is a capital intensive industry. One major concern for any project hoping to enter commercial production is a milling facility, for which the cost may or may not be a determining factor. The ow…
U.S. REPORT (September 23, 1991)
Miners at a Mississippi Chemical Corp. potash operation at Carlsbad, New Mexico, and at the Fletcher mine and mill operation of lead producer Doe Run of Missouri were recently named winners of 1990 Se…
FUTURES PRICES (September 23, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sep 105.30 104.25 104.40 – 2.15 Oct 103.60 102.70 102.70 – 3.05 Nov 102.65 102.00 102.00 …. SILVER (in US cents…
NEWS IN BRIEF (September 23, 1991)
Gonzales Gold Mines Ltd. (GZG:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
TORONTO STOCK EXCHANGE INDICES (September 23, 1991)
Sept 17 Sept 16 Sept 13 Sept 12 Sept 11 High Low Composite “300”3417.96 3428.17 3421.14 3437.59 3429.74 4009.47 3009.91 Metals & Minerals2934.88 2965.90 2956.75 2959.59 2966.18 3453.06 2502.63 Intergr…
FINANCING (September 23, 1991)
Cree Lake Resources Corp – 950,000 units consisting of 1 sh and 1 wt offered @ $1.25 per unit. Commonwealth Gold Corporation – 2,500,000 units consisting of 1 sh and 1 wt offered @ 49 cents per unit.
GOLD FUNDS (September 23, 1991)
BGR Central Net Value $8.23 $4.87 Price $7.38 $4.350 Discount 10.36% 10.7% Value $48,987,129 $73,185,705…
Toronto Stock Exchange (September 23, 1991)
A much anticipated drop in U.S. and Canadian interest rates during the week ended Sept. 17 failed to generate much enthusiasm for equities. As the gold price continued to hover at the low end of its U…
Conference on industrial minerals
The third annual Canadian conference on markets for industrial minerals, Industrial Minerals ’91, scheduled for Oct. 22-23 at Toronto’s King Edward Hotel, will include a presentation of interest to co…