EDITORIAL PAGE — Chretien and Team Canada
Canadians are experiencing something they have not felt for some time — widespread approval for an initiative launched by the prime minister. Jean Chretien’s recent trade mission to China was much mo…
Articles by Northern Miner Staff
CRS draws up research plans
The Centre for Resource Studies (CRS) at Queen’s University in Kingston, Ont., has become leaner and more focused in its research. During the past year, in order to free up funds for research, CRS has…
Canarc drilling returns gold values
Toronto-listed Canarc Resource is pleased with drill results from its Polaris-Taku property in northwestern British Columbia. Initial results are all from the C Vein, including on-strike stepout holes…
EPA recommends actions for Kensington gold project
The Environmental Protection Agency (EPA) in the U.S. has concluded that certain specific actions should be taken for the Kensington gold project in Alaska to meet environmental requirements and compl…
PRODUCER PRICES (November 21, 1994)
ALUMINUM: MW U.S. market US90.5 cents-91.5 per lb. (Nov. 3, 1994). ANTIMONY: MW New York dealer US$2.80-2.90 per lb. (Sept. 29, 1994). BISMUTH: MW New York dealer US$3.90-4.20 per lb. (Oct. 27, 1994)….
Decline under way at Pend Oreille
Junior RFC Resource Finance (TSE) continues to drive a decline at the Pend Oreille base metals deposit north of Spokane, Wash. The decline will provide a drill platform to explore for extensions of th…
NEWS ROUNDUP — Madsen buys Dona Lake mill
Junior Madsen Gold (TSE) intends to buy the facilities of the Dona Lake mine, near Pickle Lake, Ont. Madsen will pay $820,000 to Dona Lake Gold Mines for the plant, which includes the 500-ton-per-day …
Gold Funds (November 14, 1994)
BGR Central Net Value $18.25 $6.67 Price $15.00 $6.750 Premium 1.2% Discount 17.79% Value $148,072,000 $122,170,275…
Wrightbar, Charlim get OK for merger
Shareholders of both Wrightbar Mines and Charlim Explorations have approved the merger of the two Montreal-listed companies. Each Wrightbar shareholder will receive one common share of Lithos, the new…
Glimmer Drilling tests Hislop-Beatty
Junior Glimmer Resources (VSE) has released final results from the last hole in a drill program on the Hislop-Beatty property in northeastern Ontario. Hole 142 featured five intercepts, including an u…
TSE Short Positions (November 14, 1994)
Semi-monthly reports as of Oct 15, 1994 showed 257,344,810 shares of 878 issues compared with 240,252,804 shares of 835 issues on Sep 15, 1994. Larger individual positions included: Aber 132,740, up 3…
FACTS & FIGURES — Peru’s growing mining sector
The mining sector of Peru now represents 11% of the country’s gross national product and more than 40% of legal exports; directly and indirectly, it supports some 10% of the population. It is virtuall…