EDITORIAL PAGE — Lining up at the trough
Something has gone wrong with the government process currently reviewing a proposal to mine diamonds in the Northwest Territories.The review and public hearings are supposed to focus on the environmen…
Articles by Northern Miner Staff
THE DIAMOND PAGE — Diamonds produced at Mazaruni
Partners Mazaruni Minerals (ASE) and Exall Resources (TSE) have started producing diamonds on the Mazaruni placer diamond operation on Guyana’s Mazaruni River.A dredge is taking bulk samples in three …
THE DIAMOND PAGE — Earnings, dividends rise for De Beers
South African diamond mining group De Beers increased its earnings and dividends in 1995.De Beers Consolidated Mines and De Beers Centenary recorded a combined 11% increase in attributable earnings fo…
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…
Yukon Gold raises funds to explore land package in Yukon Territory
Junior Yukon Gold (VSE) has arranged a brokered private placement of 1.5 million special warrants at a price of $2 each.The special warrants will be exercisable into one common share and half a non-tr…
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…