Articles by Northern Miner Staff


FINANCING (July 19, 1993)

Southwestern Gold Corp. — 800,000 shs @ $1.00. Eurus Resource Corp. — 1,500,000 units @ $1.19 and each unit consists of sh and 2 wts and 2 Series A wts purchase sh. Glamis Gold Ltd. — 2,000,000 shs…





Cazador’s option on BT extended

VSE-listed Cazador Exploration’s option to acquire 49% of the BT gold deposit near Lynn Lake, Man., has been extended, giving it breathing room to fulfil its commitments to the Keystone joint venture….


Northern Crown adds to Mexican holdings

By acquiring an option on the 2,200-hectare Mesa property in Sonora state, Northern Crown Mines (VSE) has added to its holdings in Mexico. To earn the interest, the company must pay US$225,000 over fi…


Consolidated Nevada buys Nixon Fork

In buying all the issued and outstanding shares of Nixon Fork Mining, Toronto-listed Consolidated Nevada Goldfields has acquired 71% of the Nixon Fork gold project in central Alaska. As consideration …




Hedman completes 4.2m-unit placement

A private placement of 4.2 million units at 12 cents each has been completed by Hedman Resources (ASE). Each unit consists of one common share and one warrant. The warrants can be exchanged for shares…


COMMENTARY — Gold price moves higher

There seems to be a cyclical element in the Western world’s gold production. It took 15 years, from 1951 to 1966, for annual production to rise by 75% to 1,285 tonnes (reflecting the development of th…


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