Articles by Northern Miner Staff


NO HEADLINE (March 19, 1990)

TEXT: New realities in Latin America, including the recent election of civilian governments in Chile and Brazil, could help create new opportunities for Canadian mining companies. “Latin America is a…


Labor dispute hurts Rio Algom’s earnings

The loss of ore production during a labor dispute at the Highland Valley copper mining operation in British Columbia last year resulted in reduced annual earnings for Rio Algom (TSE). For the year end…


Trying to control the price of metals

I read recently the Soviet government had raised the ruble price of all gold jewelry by 50% in order to discourage speculation against the ruble. Apparently the more prosperous, hard-working Soviet ci…






Inco US subsidiary in Alaska gold deal

American Copper & Nickel (ACNC), a subsidiary of Inco’s (TSE) U.S. wing, has entered into a joint venture agreement with Silverado Mines (VSE) to develop Silverado’s Ester gold property in Alaska. Whi…


Breakwater issues flow-through shares

Flow-through shares with a value of up to $1 million will be issued by Breakwater Resources (TSE) to CMP 1990 Resource Partnership, at a negotiated premium to the average market price of Breakwater sh…


Golden Pacific commences exploration

Exploration and development have commenced on the Penon Blanco property in Mariposa and Tuolomne counties, Calif. Owner Golden Pacific Resources (ASE) is currently engaged in line cutting, geological …


Spot prices at a glance (March 12, 1990)

Week’s Price (US) Change Gold* $402.60 $ 6.50 Silver* $ 5.14 +$ 0.02 Platinum* $508.55 –$ 2.95 Nickel** $ 3.96 +$ 0.54 Lead** $ 0.45 +$ 0.06 Copper $ 1.18 +$ 0.07 Zinc $ 0.72 +$ 0.03 Courtesy of Scot…


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