Articles by Northern Miner Staff


gold funds

Gold Funds as of Febuary 29, 1996BGRCentralNet Value$23.26$6.92Price$19.25$7.000Discount17.23%1.2%Value $181,845,000$126,695,100…


Spotprices at a glance

Spot prices at a glanceWednesday, March 6, 1996Price (US)Week’s ChangeGold*$393.60-$4.10Silver*$ 5.36-$0.10Platinum*$406.35-$1.65Nickel**$ 3.45-$0.14Lead**$ 0.34-$0.01Copper $ 1…


NEWS IN BRIEF (March 11, 1996)

Auckland Explorations (AUK: VSE) has changed its name to Coromandel Resources (CND:VSE) on a 1-new-for-3-old-share basis.


Index (March 11, 1996)

Aber ResourcesAdrian Res.Altai Res.Archangel DmndArchon Min.Arequipa Res.Armada GoldAshanti GldfldsAthabaska GldAtlasAtna Res.Auckland Expl.Bakyrchik GoldBarrick GoldBarrick Res.Battle Mtn GoldBlack H…


Financing (March 11, 1996)

Cambior — 8,000,000 shs @ $20.875 per sh.Golden Star Resources — 1,750,000 Units consisting of one Common Sh and one-half of one Common sh Purchase Wt @ $10.50 per Unit.Corriente Resources — 761,40…



TSE approves Iamgold offering

In order to fund its exploration programs in West Africa, Iamgold has filed for a public offering of 10.4 million shares at $5.75 per share.The Toronto Stock Exchange has given conditional approval fo…


Royal Gold, High Desert form Crescent Valley JV

Another joint venture in the Crescent Valley of central Nevada is getting ready to explore for gold. Royal Gold (NASDAQ) and High Desert Mineral Resources (VSE) have formed a company, Royal High Deser…


Drilling expands Paron

An updated reserve estimate is being prepared for Arequipa Resources’ (TSE) Paron gold property in northern Peru.The recalculation follows infill and delineation drilling conducted on a tabular, outcr…


Drilling planned for Alliger West

Drills are about to turn at the Alliger West claim block, 75 km north of the Voisey’s Bay copper-nickel-cobalt discovery in Labrador.Ownership of the property is shared equally among Athabaska Gold Re…


Silver-tin deposit confirmed for Sunshine

Drilling is confirming the existence of a large, disseminated silver-tin deposit at the Pirquitas property in northwestern Argentina.Sunshine Mining & Refining (NYSE) reports that mineralization occur…


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