ODDS’N’SODS — Another quiet giant of mining
A previous article (T.N.M., Nov. 15/93) concerned the late Randy Mills (or “RPM,” as I call him), a fantastic promoter and financier in the period 1950-1976. He was a great man and a quiet giant among…
Articles by Northern Miner Staff
DIAMOND PAGE — Diavik results give further boost to Lac de
The Diavik project in the Northwest Territories has received some encouraging news. Analysis of kimberlite from the C-13 target returned 15 macrodiamonds and 40 micros from five holes and 269 kg of co…
NEWS IN BRIEF (February 07, 1994)
Dencam Development (DNM:VSE) has changed its name to Consolidated Dencam Development (CMO: VSE) on a 1-new-for-2.5-old-share basis.
Metallica completes acquisition, financing
Having completed a 1-for-7 share consolidation and a name change, Metallica Resources (CDN) — formerly Burgess Point Resources — has acquired Venezuelan Mineral Development Corp. (Vencorp). Vencorp …
X-Cal exploring near Sleeper
A gold prospect next to the producing Sleeper gold mine in Nevada is providing a new exploration focus for X-Cal Resources (TSE). Sampling on the X-Cal-York Mines property has returned an 11-ft. width…
Goldbrook focuses on Big Mac zone
To cover fully an area of intense hydrothermal alteration, Goldbrook Explorations (ASE) has acquired an additional 12 units adjoining its Onaman River base metal property. The property, north of Beard…
STOCK MARKETS — Golds remain active despite drop in price
Gold’s more-than-US$10-per-oz. drop during the period ended Jan. 25 had Western markets backtracking. The Vancouver Stock Exchange resource index lost more than 50 points to close at 1,722.22, while t…
METAL PRICES (January 31, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 25 Jan. 24 Jan. 21 Jan. 20 Jan. 19 Copper 1858-1859 1846-1847 1842-1843 1859-1860 1863-1887 Lead 506-508 504-505 508-509 508-509 49…
Cyprus drilling at Noyon Twp.
A drilling program has been started by Cyprus Canada on the Noyon Twp. gold property in Quebec. The property is owned 70% by Northway Explorations (TSE) and 30% by T&H Resources (TSE). In 1993, a prel…
TORONTO STOCK EXCHANGE INDICES (January 31, 1994)
— 1994 — Jan 25 Jan 24 Jan 21 Jan 20 Jan 19 High Low Composite”300″ 4456.21 4465.80 4501.94 4542.38 4562.90 4574.32 4286.54 Metals&Minerals 3625.50 3613.25 3619.51 3717.27 3726.96 3742.06 3495.59 In…
GOLD FUNDS (January 31, 1994)
Gold Funds as of Jan. 26 BGR Central Net Value $16.85 $6.59 Price $16.25 $7.125 Premium 8.1% Discount 3.54% Value $94,369,000 $119,340,844…
Tri Origin drills at Lewis Ponds
Drills are turning in a major program on the Lewis Ponds project in New South Wales, Australia. Using two rigs, Tri Origin Exploration (TSE) is drilling 10,000 metres. The company hopes to define new …