Articles by Northern Miner Staff

Junior companies active in Venezuela had little to cheer about after generally disappointing results were released from highly promoted gold properties held by TSE-listed Vengold in the South American…

ALUMINUM: MW U.S. market US63.5-64.5 cents per lb. (June 2, 1994). ANTIMONY: MW New York dealer US$1.40-1.60 per lb. (May 12, 1994). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993). …

Juniors VenCan Gold (ME) and Chesbar Resources (TSE) intend to merge their Venezuelan interests into a new entity. Shareholders will receive half of the shares in the new entity. This new company will…

Drill results from the True North property in Alaska continue to provide encouragement. La Teko Resources (VSE) reports that proven and probable reserves stand at 120,000 oz. It is hoped that, by the …

Infill and stepout drilling on the Casino gold-copper-molybdenum property in the southwestern Yukon is now finished. During this year’s program, Pacific Sentinel Gold (VSE) carried out 55,119 ft. of l…

Increased gold production, a higher gold price and a weaker Canadian dollar all enabled Hemlo Gold Mines (TSE) to increase earnings to $38.1 million (or 39 cents a share) for the first half of 1994 fr…

A private placement of 6 million special warrants has raised $9.3 million for Central Crude (TSE). The company, which is changing its name to River Gold Mines, intends to use most of the proceeds to d…

With a view to expanding its mining portfolio, junior gold producer Aur Resources has arranged to buy 48.3% (or 14.4 million shares) of Canada Tungsten (TSE) from Cyprus Amax Minerals (NYSE). Cyprus e…

Drilling is under way on the ZO property in northwestern British Columbia. Owner Firesteel Resources (VSE) plans to drill 10 holes to test a shear zone measuring at least 360 metres long and up to 15 …

Michael Zuber appointed president and director; William Pettigrew, Chet Idziszek, Basil Pantages, Arthur Luney, Dustin Elford and Arnold Wolfe appointed directors.

Donald Foran and S. Gilmour appointed directors.

Week’s Price (US) Change Gold* $387.00 + $0.60 Silver* $ 5.32 $0.00 Platinum* $423.00 + $9.15 Nickel** $ 2.77 – $0.12 Lead** $ 0.26 – $0.01 Copper $ 1.09 – $0.07 Zinc $ 0.43 – $0.02 Courtesy of Scotia…