Articles by Northern Miner Staff

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.10/97 (change from previous week in brackets):Aluminum925,650(-12,825)Copper218,475(+17,975)Lead110,900(-525)Nickel45,17…

Hamilton, Ont.-based Ursa Major International (URSA-C) has identified additional mineralization on its 75%-owned Koktasjal copper-gold property in the former Soviet republic of Kazakstan.In the recent…

Although July 1 in Red Lake, Ont., was hot and dry, it was a perfect day for the town’s annual Dominion Day celebration.The day’s activity’s were to consist of team fire-fighting competitions, hand-mu…

London Metal ExchangeMidday bid-ask prices in $US per tonneDateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5…

The Indonesian government has approved a share ownership plan that gives Chase Resource (CQS-T) and Delta Gold Mining (DTG-V) a 77.5% interest in the Cikondang gold mine and surrounding property.The V…

After several years of false starts, the historic Bralorne gold mine near Vancouver, B.C., is scheduled to reopen in mid-March.The mine operated from 1916 to 1971, but low gold prices forced its closu…

Short positions outstanding at January 31, 1997Larger individual positions included: Barrick Gold 10,970,779, down 129,771; AJ Perron 0, down 376,400; Anvil Range Mining 780,200, down 144,200; Anderso…

Prime Resources Group (PRU-T) enjoyed higher earnings and increased gold production in 1996.The company earned $42.1 million (or 55 cents per share) on revenue of $198.7 million, compared with $36.5 m…

Cynthia Avelino, Walter Clemens, William Daly, Harry Hopmeyer, Michael Magrum and John Milligan appointed directors.

Peter Grandich appointed vice-president of corporate strategy.

Pierre Masse appointed vice-president of finance and chief financial officer.

Gold Funds as of January 30, 1997BGRCentralTNet Value$21.80$5.89Price$17.85$5.450Discount18.14%7.5%Value$162,026,000$98,641,185…