Metal Prices (September 09, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sep 3 Sep 2 Aug 30 Aug 29 Aug 28 Copper 1353-1355 1358-1359 1356-1357 1345-1347 1356…
Articles by Northern Miner Staff
Metal prices move up in July but decline slightly in August
The metal and mineral sub-index of Scotiabank rose slightly in July but the overall commodity price index dropped by a further 3.7% that month, the bank said in its latest monthly update. The all-item…
Unlisted Trading (September 09, 1991)
Unlisted market trading virtually ground to a halt during the week ended Sept. 3 as investors and brokers alike concentrated on enjoying the last long weekend of summer. The five most active stocks ra…
Dona Lake pact benefits natives
Native Indian employees at Placer Dome’s (TSE) Dona Lake gold mine in northeastern Ontario were recently granted significant guarantees under an initial collective agreement ordered by an arbitration …
Noranda options Jonpol property
Noranda Exploration, a unit of Noranda (TSE), has taken an option on a Mexican property held by Jonpol Explorations (TSE) and T & H Resources (TSE). The property, located in the state of Sonora, hosts…
Selbaie celebrates 10th anniversary — BP has met challenges with
It has been a decade since Les Mines Selbaie in northwestern Quebec entered production and during those 10 years, the mining operation has milled more than 14 million tonnes of copper-zinc-gold-silver…
Aurizon acquires shares of Argosy
Vancouver-based Aurizon Mines (TSE) reported purchasing 247,500 shares of junior mining company Argosy Resources (VSE) for $99,000 (40 cents per share) in a private placement. Attached to each share i…
Timminco attributes loss to weak demand for magnesium
Timminco’s (TSE) 50th anniversary celebrations have been marred by the release of financial results for the first half of the year. In the first six months, the magnesium producer lost $5.6 million (5…
Features of Selbaie’s operation appeal to many specialists
Recently Quebec-based Les Mines Selbaie, 61.1% owned by BP Canada (TSE), celebrated its 10th anniversary of production. For the specialist, there are numerous interesting and unusual features of Selba…
Minnova’s patient approach put to work at Seneca project
It has often been said that a patient and persistent approach to exploration is necessary when exploring for polymetallic volcanogenic massive sulphides in the Canadian Cordillera. This appears to be …
Keno City museum details mining history
“Museum project back on track,” reads a handwritten sign on the community club door of this northern community with a population of about 45. Inside, club President Mike Mancini, 30, dark-haired, spor…
Toronto Stock Exchange (September 09, 1991)
Leading economic indicators released during the week ended Sept. 3 continued to demonstrate that the recession in Canada has ended. But judging by activity before and after the Labour Day weekend, inv…