An extended slump in the price of copper has prompted Princeton Mining (TSE) to seek changes to the terms of its convertible debentures. Holders will be asked to convert the $12 million in debentures …
The BHP-Dia Met results reported last week should finally convince most of the remaining naysayers that the Lac de Gras diamond prospect is more than a moose-pasture scam to lure unwitting investors. …
Mining Week in Newfoundland will be celebrated Nov.4-11. Two major activities are planned for the week. On Nov. 4, the Newfoundland Dept. of Mines and Energy will host its review of activities for 199…
A feasibility study has confirmed that the Eskay Creek project in British Columbia is economically viable and on target to begin producing gold and other metals by late 1995 or early 1996. Details of …
ALUMINUM: MW U.S. market US52.50-53.00 cents per lb. (Sept. 16, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.60 per lb. (Sept. 9, 19…
The Timmins division of Royal Oak Mines (TSE) achieved more than one million manhours of consecutive service without experiencing a lost-time accident. The record was confirmed by staff of the Mines A…
A 12,000-ft. program has begun on Gregor Goldfields’ (CDN) Marathon gold project, near Hemlo, Ont. The drilling is intended to test the strike length, width, depth and continuity of five known gold-be…
Partners in the Lihir gold project in Papua New Guinea plan topool their interests and form a publicly traded company to develop the play. The partners currently include 80%-owner RTZ (NYSE) and Niugi…
The morning dawned dark and foggy. Lake Superior was living up to its reputation without question. It was clear that neither a helicopter nor an airplane would be of much use. With so many witnesses p…
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
Three Alberta-listed juniors — Tanqueray Resources, Fibre-Klad Industries and Mill City Gold Mining — have discovered three separate kimberlite pipes at Yamba Lake in the Northwest Territories. The …
Gold bobbed around in the neighborhood of about US$350 per oz. during our report week (ended Sept. 28) and the gold equities more or less held their ground. Typical of the week were American Barrick, …
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