NEWS ROUNDUP — Teck, Equinox in Bolivia
A joint-venture agreement provides with US$500,000 in funding for three Bolivian properties. Teck (TSE) will provide funding by early 1994 and can maintain a 51% interest in any of the properties by f…
Articles by Northern Miner Staff
Goldbelt Resources lands Pegasus funding
Partial funding for a gold-silver tailings project in Kazakhstan is at hand for Goldbelt Resources (VSE). The company has signed an agreement in principle with Pegasus Gold (TSE) for US$18 million. Th…
ODDS’N’SODS — The Jogran staking rush (1)
One hears many a tall tale from obstinate prospectors who persist in their quest for gold, but none can compare with the bizarre stories one hears on June 1 of each year when, at a specific hour, land…
ELECTION ’93 — MINING FOR ANSWERS — Reform’s Manning
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
THE DIAMOND PAGE — New kimberlite discoveries unearthed at
Northwest Territories The focus was back on the Lac de Gras region this past week, as partners BHP Minerals Canada and Dia Met Minerals (TSE) reported the discovery of 16 new diamondiferous kimberlite…
N.A. Palladium in midst of suit
The Sheridan Group company Dalhousie Oil (CDN) has begun legal proceedings against North American Palladium (TSE), its wholly owned subsidiary Lac des Iles Mines, Kaiser-Francis Oil and others. Accord…
COMMENTARY — Canadian presence in Nevada
The University of Nevada in Reno recently dedicated Canada Hall, a student-designed dormitory. Built to meet the needs of students in the 21st century, it is the first new dorm built in northern Nevad…
MVP Capital sells Valdez block
Toronto-listed MVP Capital Corp. has sold its 93.7% interest in Valdez Gold (ASE) to an investor group for $160,000. This latest disposition by MVP follows on the heels of other transactions. For exam…
LETTERS TO THE EDITOR — Diamonds shouldn’t be the only
Your past few issues had a number of letters regarding information problems and risk assumed by investors in mining companies involved with diamond exploration, especially in Canada. There is no doubt…
Libby project drilling planned
Drilling is expected to begin in early October on the Libby property to test zinc-lead targets. The project straddles the border near Trail, B.C., and includes the nearby Lead Hill mine property as we…
STOCK MARKETS — VSE resource index rebounds after Yeltsin
A move by Russian President Boris Yeltsin to abolish the current communist-dominated parliament and call new elections for December sent gold on a rollercoast ride late in the period ended Sept. 21. B…
METAL PRICES — FREE MARKET (September 27, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Sept. 21 Sept. 20 Sept. 17 Sept. 16 Sept. 15 Copper 1739-1740 1754-1756 1759-1760 1936-1938 1927-1930 Lead 371-372 373-374 374-375 379-3…