Articles by Northern Miner Staff

TORONTO STOCK EXCHANGE INDICES (March 21, 1994)

— 1994 — Mar 15 Mar 14 Mar 11 Mar 10 Mar 9 High Low Composite “300” 4500.58 4470.36 4446.86 4443.18 4444.78 4601.09 3518.31 Metals & Minrls 3702.40 3686.60 3655.00 3666.19 3681.07 3855.09 3495.59 In…


Cambior to develop Peruvian copper project

Growing gold producer Cambior (TSE) plans to develop Peru’s La Granja copper project. The Val d’Or, Que.-based company, which operates the Omai gold mine in Guyana, can acquire La Granja outright by i…


Teck outlines two possible oreshoots

A first phase of drilling has wound down on Teck’s (TSE) Thunder Lake West gold project in northwestern Ontario. In total, 34 holes were drilled in a 15,894-ft. program funded by Continental Cartech (…


Claude resumes trading on ASE

Having restructured financially, Claude Resources has resumed trading on the Alberta Stock Exchange. Its core asset, the Seabee gold mine, continues to produce more than the design capacity of 400 ton…


USMX hits gold in Mexican play

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…





TSE Short Positions (March 14, 1994)

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 (March 14, 1994)

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…


Kingston Resources

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…


Falco to close Lockerby mine

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 …


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