Articles by Northern Miner Staff

Week’s Price (US) Change Gold* $382.50 + $4.15 Silver* $ 4.83 + $0.06 Platinum* $417.50 + $7.85 Nickel** $ 3.78 + $0.03 Lead** $ 0.29 + $0.01 Copper $ 1.34 $0.00 Zinc $ 0.50 + $0.01 Courtesy of Scotia…

‘Tis the season to re-price employee stock options. This, at least, is what a flood of companies are doing as western markets continue to slide. The Vancouver Stock Exchange composite index dipped jus…

Strength in the gold sector helped propel the Toronto Stock Exchange higher over the 5-day report period ended Dec. 20. The composite 300 index jumped 109.72 points to close at 4,154.13. The gold and …

In an effort to expand its exploration activities, World Wide Minerals (TSE) has struck a preliminary agreement with privately owned Taishan Gold. World Wide intends to buy Taishan from Toronto-based …

Spokane-based Pegasus Gold (TSE) has decided not to declare a year-end dividend. The company says that although it is financially strong, its resources are better deployed in new projects, minesite ex…

A proposed reorganization of Freewest Resources (TSE) and its subsequent amalgamation with Hemlo Gold Mines (TSE) has been approved by Freewest’s shareholders. Effective Dec. 15, all of Freewest’s ass…

Wrightbar Mines (WRB:ME) has amalgamated with Charlim Explorations (CHO:VSE:ME) to form Lithos (LTS:ME). Wrightbar shareholders will receive one new for two old shares, and Charlim shareholders will r…

A surging bank rate helped take the wind out of the TSE’s sails over the 5-day report period ended Dec. 13. The composite 300 index dropped 35.03 points to close at 4,044.41 as higher interest rates m…

Negative sentiment remains firmly entrenched in western markets, with the Vancouver Stock Exchange resource index posting a 29.21-point decline to 1,161.79 and the composite index falling 10.24 points…

ALUMINUM: MW U.S. market US91.5 cents-93.5 per lb. (Dec. 2, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Dec. 2, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994). C…

Goldpark Mines & Investments (GKT:TSE) has changed its name to Goldpark China on a share-for-share basis.

Gold Funds as of Dec 12 BGR Central Net Value $16.81 $6.36 Price $13.38 6.375 Discount 20.44% Premium 0.2% Value $133,778,000 $115,383,038…