Articles by Northern Miner Staff

Cambiex closes public offering

Montreal-based Cambiex Exploration has closed its initial public offering of 5,000 units at $1,000 per unit. Each unit consists of 800 flow-through common shares and 200 common shares at $1 per share….



ODDS’N’SODS — First chew a lasting memory

Steve, my boss, kidded me on my first day at the drill rig: “If you want to be a driller, you have to chew snoose.” I declined a can of Wintergreen Skoal but decided that someday I’d try it. I loved t…



Financing (June 07, 1993)

Braiden Resources Ltd. — 500,000 units @ 61 cents and each unit consists of sh and 2 series A wts and 2 series A wts purchase sh. Golden Ring Resources Ltd. — 1,000,000 units @ 40 cents and each uni…


DIAMOND PAGE — Overseas… KWG signs letter

KWG Resources (ME) has signed a letter of intent to buy 50% in four concessions in the municipality of Coromandel, Brazil, for US$1.8 million. One of the concessions, Charneca, produced diamonds value…


BOOKS IN BRIEF — The Chinese steel connection

Iron and Steel, Relying on China, published by AME Mineral Economics, GPO Box 3602, Sydney, NSW 2001, Australia. 300 pages. After a decade of rationalization and job losses, huge new investment progra…


Metal Prices — FREE MARKET (June 07, 1993)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 1 May 31 May 28 May 27 May 26 Copper 1147-1148 N/A 1146-1147 1157-1158 1185-118…


New ore lens found at Copper Rand

Definition drilling on three new mineralized lenses at the Copper Rand mine in Chibougamau, Que., has led to the discovery of a fourth. Property-owner MSV Resources (ME) reports that significant inter…


NEWS ROUNDUP — Campbell to issue special warrants

Toronto-listed Campbell Resources is planning to sell $10-15 million in special warrants which can be swapped for common shares at 88 cents each. Proceeds from the financing will be used to develop re…



NEWS ROUNDUP — Labyrinth looks to Venezuela

Having agreed to acquire a majority interest in a gold property in the Guyana district of Venezuela, Bema Gold (TSE) plans to transfer the property to its 76%-owned subsidiary, Labyrinth Resource (VSE…


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