Articles by Northern Miner Staff

IGR options ground in Ghana

Junior International Gold Reserve (CDN) has optioned a 27-sq.-mile concession in western Ghana. The ground, near Tarkwa, is underlain by a conglomeritic unit which hosts the Iduapriem and the Teberebi…



Black Swan gets Liberty Bell

Junior Black Swan Gold Mines (TSE) can acquire a past-producing gold mine in Alaska from a private U.S. company, in return for issuing 20 million treasury shares. The Liberty Bell mine started up in t…


Cyprus, Holmstead in joint venture

Junior International Holmstead Resources (VSE) will join with Cyprus Canada to explore the former’s Rand gold property. The property comprises nine contiguous claims in the southeastern part of Kirkla…


Sherritt completes share offering

Toronto-listed Sherritt has offered 18.5 million common shares at $11 each, on a bought-deal basis. Proceeds of $194 million will be used partly for acquisitions. The company has entered discussions w…


Toronto Stock Exchange Indices (March 07, 1994)

— 1994 — Mar 1 Feb 28 Feb 25 Feb 24 Feb 23 High Low Composite”300″ 4390.43 4423.84 4364.23 4329.12 4368.35 4601.09 4286.54 Metals&Minerals 3584.95 3661.93 3618.73 3555.22 3569.71 3855.09 3495.59 Int…


Spot prices at a glance (March 07, 1994)

Week’s Price (US) Change Gold* $376.45 – $1.05 Silver* $ 5.24 + $0.06 Platinum* $390.25 – $3.25 Nickel** $ 2.59 – $0.06 Lead** $ 0.20 – $0.01 Copper $ 0.84 $0.00 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…




Armada building Russian pilot plant

Alberta-listed Armada Gold will build a pilot plant on the Baley gold tailings project in Eastern Russia’s Chita region. The plant is expected to yield 4,000 oz. gold annually, starting in July or Aug…


High River acquires West African gold project

Having recently secured a commitment from TVX Gold to develop its Snow Lake gold property in Manitoba, High River Gold Mines is now setting its sights on West Africa. The company has just concluded an…


Gold Funds (March 07, 1994)

Gold Funds as of March 2 BGR Central Net Value $16.74 $6.55 Price $13.75 $7.25 Premium 10.7% Discount 17.84% Value $135.9 million $118.7 million…


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