Nahanni share exchange cancelled
A deal whereby three major shareholders in Nahanni Mines (TSE) had agreed to sell W.F. Christensen, president of Lytton Minerals (TSE), 1.5 million Nahanni shares has been cancelled. Under the agreeme…
News
Coleraine negotiates ferrochrome deal
An agreement to produce ferrochrome in Quebec is being negotiated with Ege Metal Endustrie A.S. of Turkey, Ressources Minieres Coleraine (ME) reports. A large producer of chromite, Ege is a consortium…
Int’l Platinum, Swansea funding
A letter of intent for the placement of $7.2 million involving a convertible debenture has been received from foreign investor institutions, International Platinum (TSE) and Swansea Gold Mines (CDN) r…
Formosa ships copper concentrate
In late November, Formosa Resources (VSE) shipped its second smelter shipment to Aomori, Japan, from the port of Vancouver, Wash. The shipment comprised 4,245 tons of concentrate grading 17.5% copper …
PGE sampling
Some high-grade gold assays from grab samples from a property in New Brunswick were reported recently by PGE Resource (ASE). A fire assay technique was used on the samples, which the company says cons…
Metal Prices — FREE MARKET (December 28, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 22 Dec. 21 Dec. 18 Dec. 17 Dec. 16 Copper 1464-1465 1428-1430 1407-1408 1392-13…
Cheni may test Phoenix zone further
Underground drilling at the Lawyers property in north-central British Columbia has confirmed that the Phoenix zone is both open to depth and along strike to the east. Cheni Gold Mines (TSE), owner of …
EDITORIAL PAGE — Happy retirement, Mort
What can you say about a man who has spent 43 years with the same newspaper, who has outlived more than a few of the mining operations he has written about, and who has almost as many stories about th…
Uranium output in Western World declines
If the conclusions of a report by the Uranium Institute of London are anything to go by, Canada’s uranium miners will see a vibrant future unfolding in the years ahead. The report is a store of statis…
Mining booster Mort Brown retiring
For a person whose burning ambition after high school was to forge a career in forestry, M.R. (Mort) Brown has done well for himself — in mining. At 80, The Northern Miner’s soon-to-retire publisher …
More about diamonds (December 28, 1992)
Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. and Alberta After five months of negotiations, DHK Resources — owned equally by Dentonia Resources (V…
STOCK MARKETS — South American gold projects spark
Bullish reports emerging from Canadian projects in South America, specifically from Venezuela and its neighbor Guyana, sparked investor interest on The Toronto Stock Exchange during the week ended Dec…