Meetings (March 18, 1996)
March 26, Classic Gold — annual, generalMarch 26, Dome Mountain — annual, generalMarch 26, Oliver Gold — annual, generalMarch 26, Wharf — specialMarch 26, Yukon Spirit — annualMarch 27, Gulfstrea…
Articles by Northern Miner Staff
Patrician and JCI to form alliance
South African-based JCI intends to acquire up to a 20% interest in Patrician Gold Mines (ASE).The senior producer has signed a letter of intent to buy 2 million Patrician special warrants at 75 CENTS …
Stellar to acquire Philippine ground
The Vancouver Stock Exchange has granted approval to Stellar Gold to acquire two nickel properties in the Philippines.The Palawan and Surigao properties contain about 187 million tonnes grading 1.4% n…
Pioneer aims to reactivate Puffy Lake
Success eluded Pioneer Metals (TSE) the first time it attempted to bring the Puffy Lake mine to production. But, armed with a new operating plan, the company is taking steps to reactivate the former p…
Inco bid was rejected by Diamond Fields
At a recent press conference, Robert Friedland, co-chairman of Diamond Fields Resources (TSE), confirmed that his board shot down a proposal from Inco (TSE) that would have seen the nickel giant incre…
EDITORIAL PAGE — Tapping our capital markets
Countries the world over are interested in luring North American mining companies to explore and develop projects in their jurisdictions, and thereby revitalize their mining industries. Evidence of th…
Spot prices at a glance (March 18, 1996)
Wednesday, March 13, 1996Week’sPrice (US)ChangeGold*$397.40+$3.80Silver*$ 5.58+$0.22Platinum*$413.75+$7.40Nickel**$ 3.64+$0.19Lead**$ 0.37+$0.03Copper $ 1.18+$0.02Zinca$ 0.50…
Caribou mine plan gets nod
East West Caribou Mining, a unit of Breakwater Resources (TSE), has received approval from New Brunswick’s ministries of environment and natural resources to proceed with development of the Caribou an…
Drill results keep HRC Development hopeful at Laguna Verde in Argentina
Junior HRC Development (VSE) is drill-testing the Nordin gold porphyry zone at the Laguna Verde property in Argentina’s Catamarca province.The highly oxidized zone is the site of a reverse-circulation…
Golden Knight tests prospect in Ghana
The first phase of reverse-circulation drilling has been completed on the Abore North zone at the Oda River concession in central Ghana.Forty-five holes, comprising 3,400 metres, tested a gold-mineral…
Band-Ore extends mineralization (March 18, 1996)
Drill holes along strike have intersected more mineralization at the Thorne Twp. property of Band-Ore Resources (CDN), west of Timmins, Ont.Earlier drilling on Band-Ore’s new zone had encountered gold…
Gold Funds (March 18, 1996)
Gold Funds as of March 7, 1996BGRCentralNet Value$23.18$6.77Price$19.00$6.875Discount18.05%1.6%Value$181,266,000$124,432,688…