Articles by Northern Miner Staff

Orcana teams with Outokumpu

Finnish conglomerate Outokumpu Mines plans to earn a 55% interest in the San Carlos property from Orcana Resources (VSE). The property is situated in Mexico’s Sonora state, and Outokumpu can earn the …


FINANCING (May 23, 1994)

Black Hawk Mining — 4.6 million common shares and 2.3 million common share warrants @ $1 per special warrant. Richmont Mines — 2.5 million common shares issuable upon the exercise of previously issu…



GOLD FUNDS (May 23, 1994)

BGR Central Net Value $16.87 $6.82 Price $15.13 $7.250 Premium 6.3% Discount 10.34% Value $137,064,000 $131,219,925…


TORONTO STOCK EXCHANGE INDICES (May 23, 1994)

Composite “300” 4269.15 4208.28 4175.35 4162.52 4168.21 4609.93 3518.31 Metals & Mnls 3702.03 3619.61 3528.10 3457.06 3455.34 3879.59 3273.56 Integrated Mines3911.28 3812.68 3693.87 3609.09 3603.38 40…


Strong first quarter for Echo Bay

Improvements at two Nevada gold mines have helped Echo Bay (TSE) post exceptionally strong first-quarter results. The company produced a total of 253,218 oz. gold — a new record, up 31% from the prev…


MSV posts financial and drilling results

First-quarter results are encouraging for MSV Resources. The Montreal-listed company managed to crank out 12,970 oz. gold, almost 3 million lb. copper and almost 15,000 oz. silver. This led to earning…



LAST BUT NOT LEAST — Arauco control changes

An agreement-in-principle has enabled privately owned Santa Elina Gold to gain control of Arauco Resources (VSE). Santa Elina, a medium-size gold producer with holdings in Brazil and Bolivia, reached …




Nickel, copper exhibit strength

Since mid-April, investment funds, followed by a host of other speculators, have been buying London Metal Exchange (LME) nickel and copper contracts. As a result, prices are being steadily driven to l…


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