Articles by Northern Miner Staff

Placer plans for base metals

Since taking over the helm of Placer Dome (TSE) in 1988, Anthony (Tony) Petrina has overseen a flurry of mine-making that has enabled the international company to reach a gold production target of 1.4…



People Florin Resources

Philip Speyer appointed president succeeding Logan Anderson who resigned; William Timmins appointed director succeeding Harold Moll who resigned.


Insider Trading Mentor ups stake in Agnico-Eagle

Mentor Exploration & Development (TSE), which controls Agnico-Eagle Mines (TSE), continues to increase its stake in the Toronto-based gold producer. During the first week in February, according to the…


Deak Resources reduces debt

After securing $3.4 million in loans from the Northern Ontario Heritage Fund and the FedNor Core Industrial Program, Deak Resources (TSE) has been able to complete agreements for a $3-million private …


Spot prices at a glance (March 25, 1991)

Price (US) Week’s Change Gold* $364.20 – $ 1.00 Silver* $ 4.04 – $ 0.02 Platinum* $401.45 – $ 5.05 Nickel** $ 3.98 + $ 0.08 Lead** $ 0.27 $ 0.00 Copper*DA $ 1.08 – $ 0.02 Zinc*DD $ 0.54 + $ 0.00 Court…


NEWS IN BRIEF Marshall Minerals

Marshall Minerals (ASE) reported completing the acquisition of the 45% interest in the Sangold property at Foleyet, Ont., it did not already own. Marshall issued 748,886 shares at $1.05 per share (for…


NEWS IN BRIEF South American Goldfields

South American Goldfields (TSE) recently raised $460,000 through a private placement involving 575,000 shares at 80 cents per share. Proposed was the sale of up to one million shares. The company said…


EDITORIAL B.C. might be ready for a smelter now

There will be big things happening in British Columbia’s mining industry for the rest of this century, big enough to warrant raising the old question of whether the West Coast needs a copper smelter. …



Metall raises $65m from public offering

Metall Mining (TSE) has raised $65 million from a public offering to reduce bank debt and provide funds for other corporate purposes, including the financing of projects in North America, Europe and t…


METAL PRICES FUTURES PRICES (March 25, 1991)

N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Mar 107.85 107.10 107.40 – 3.70 Apr 106.50 106.00 106.80 – 2.45 May 106.20 105.20 105.95 – 2.30 SILVER (in US cen…


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