COMMENTARY — A near-hopeless zinc situation
Despite the many closures that have already occurred, zinc fundamentals continue to be characterized by gross oversupply. We are concerned that producers are still deciding to increase output and redu…
News
STOCK MARKETS — Resource issues keep pace in western
Considering the turmoil experienced by major markets in Toronto and New York, western markets fared relatively well during the report period ended March 29. Although the Vancouver Stock Exchange compo…
NEWS ROUNDUP — Nora exploring Ghana concession
Partners Nora Exploration (ME) and Consolidated Manus Industries (VSE) have begun field work on their Kade diamond and gold concession in Ghana, West Africa. The property comprises 41.55 sq. km in the…
Loki ups tonnage at Brewery Creek
As part of an ongoing feasibility study of its Brewery Creek property, Loki Gold (VSE) has released a new estimate of the Yukon project’s geological resource. Based on a cutoff grade of 0.3 grams gold…
Producer Prices (April 04, 1994)
ALUMINUM: MW U.S. market US61.25-62.75 cents per lb. (Mar. 17, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
Hemlo’s Holloway project gets go-ahead
Ontario’s newest producing gold mine could be the Holloway project, 60 km east of Matheson. A feasibility study by Hemlo Gold Mines (TSE), Freewest (TSE) and Teddy Bear Valley Mines (CDN) indicates th…
Treminco extends N.W.T. program
Follow-up drilling is planned for the Greenstone Belt project north of Yellowknife, N.W.T. Having completed a 12-hole, 6,271-ft. reconnaissance drilling program, Treminco Resources (TSE) has identifie…
LETTERS TO THE EDITOR — McLellan is no stranger to mining
For many years I have been a subscriber and contributor to The Northern Miner. Your recent editorial “Qualifications please” (T.N.M., March 14/94) left me in shock and dismay. It is a direct attack on…
OBITUARIES — McClelland helped Placer grow
The last of Placer Development’s early builders, Thomas McClelland, died recently here at his home. He was 84. McClelland earned a mining engineering degree at Berkeley, Calif., and learned the practi…
World Wide to drill Nevada gold play
Drilling is scheduled to begin soon on the Easter gold project, 180 km north of Las Vegas, Nev. World Wide Minerals (TSE) reports that the primary vein structure extends beyond 7,000 ft. The initial t…
THE DIAMOND PAGE — Ashton Mining drills kimberlite body near
Three holes drilled by Ashton Mining of Canada (TSE) intersected kimberlite breccia at the Cross property in the Humpy Lake region, 100 km west of Lac de Gras, N.W.T. Samples were submitted for labora…
American Bullion cancels funding
Junior American Bullion Minerals (VSE) has shelved plans for a brokered private placement of 2.5 million units at $2 each, pending completion of independent engineering reports and improved market con…