Articles by Northern Miner Staff

Drilling at the Noche Buena project in northern Mexico is confirming the existence of a large, disseminated gold system for USMX (NASDAQ). Exposed gold has been identified as a result of surface and s…

Junior SouthernEra Resources (TSE) has been busy completing deals to broaden its exposure to diamond plays in both northwestern Quebec and the Northwest Territories. In Quebec’s Le Tac Twp., Ojibway R…

Gold bullion prices changed little over the week, slipping a meagre US20 cents to US$376.25 per oz. However, investors caught a case of the jitters as gold continued trading in a narrow range. Most of…

Three officers of Aur Resources (TSE) sold shares in January and February. According to the Ontario Securities Commission’s OSC Bulletin, director Howard Stockford exercised 100,000 options at $2.90 a…

Semi-monthly reports as of Feb 15, 1994 showed 68,492,494 shares of 808 issues compared with 89,182,749 shares of 825 issues on Jan 31, 1994. Larger individual positions included: Aber 202,000, up 52,…

Gold Funds as of Mar. 9 BGR Central Net Value $16.77 $6.63 Price $13.75 $7.250 Premium 9.4% Discount 17.98% Value $136,159,000 $131,219,925…

Under an agreement with the Slovakian government, Kingston Resources (VSE) can earn a minimum 50% interest in the Banska Stiavnica mine by spending $2 million over three years. The mine includes a 500…

With the price of nickel in the doldrums, Falconbridge has announced its intention to shut down indefinitely the Lockerby mine in Sudbury, Ont. As of June 1, the high-grade producer will be closed as …

ALUMINUM: MW U.S. market US61.50-62.50 cents per lb. (Feb. 24, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…

Maufort (MAU:ME) has changed its name to Mines Dynacor (DYN:ME) on a 1-new-for-10-old-share basis.

Toronto-listed Wharf Resources enjoyed a record level of gold production in 1993. Combined production from the Wharf and Golden Reward mines, both in South Dakota, rose 22% to 123,710 oz. last year fr…

Toronto-listed Cheni Gold Mines can earn a 75% interest in the Moose claims in north-central British Columbia. To do so, it must pay Energex Minerals (TSE) 250,000 treasury shares plus $180,000 in cas…