B.C. regulators impose penalties on Slightham
George Slightham has agreed to pay $30,000 to the British Columbia Securities Commission (BCSC) as a penalty for misconduct during his involvement in two junior companies listed on the Vancouver Stock…
Articles by Northern Miner Staff
Dry Cottonwood a gem of a mine
American Gem (TSE) has started up its second sapphire mine, known as the Dry Cottonwood.Production from this new operation, combined with the Gem Mountain mine, is expected to result in total producti…
GREATEST VALUE TRADED (July 03, 1995)
Placer Dome T97932$37 3/4 36 1/236 7/8-1/2Barrick Gold T71909$36 5/8 35 1/435 1/2-3/4Inco Ltd T71095$38 5/8 37 3/838 1/4+1Noranda Inc T39753$27 1/8 26 5/827-1/8Falconbri…
STOCK MARKETS — Profit-taking sends TSE marginally lower
Following several weeks of gains, investors on the Toronto Stock Market opted for profit-taking and, in doing so, sent the TSE 300 composite marginally lower. Over the 5-day report period ended June 2…
STOCK MARKETS — Western markets quiet as Labrador players work claims
Western markets took a breather over the report period ended June 27, as investors awaited results from the myriad of geophysical programs under way near the Voisey Bay nickel-copper-cobalt discovery …
GOLD FUNDS (July 03, 1995)
Gold Funds as of June 27BGRCentralNet Value $18.21$6.84Price $14.75$7.00Discount19.02%Premium2.3%Value$142,407,000$126,695,100…
PRODUCER PRICES (July 03, 1995)
ALUMINUM: MW U.S. market US83.75-84.75 cents per lb. (June 16, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995)….
Financing raised for United Reef
South African-based Trans Hex Group has purchased a $4- million convertible debenture issued by United Reef (TSE).The debenture is convertible, either in whole or in part at the option of Trans Hex, i…
Resource is boosted at Elsa properties
United Keno Hill Mines (TSE) has calculated preliminary resource estimates for three past-producing silver mines within its Elsa properties in the Yukon.Measured, indicated and inferred resources at t…
Abo explores property in Argentina
Junior Abo Resource (VSE) has released encouraging assay results for its Salado property in Argentina.The company believes the first six drill holes represent a new discovery in the Uspallata copper-g…
American Bullion expands Red Chris copper project
Initial drill results are expanding the size of the Red Chris project in northwestern British Columbia.American Bullion Minerals (VSE), which holds an 80% interest, hopes to boost the open-pit, minabl…
NEWS IN BRIEF (July 03, 1995)
Forester Resources (FRR:VSE) has changed its name to Tullaree Resources (TUL:VSE) on a 1-new-for-5-old-share basis.