Articles by Northern Miner Staff




Amax advancing Guanaco mine

The Guanaco mine in northern Chile is gearing up, with a Merrill Crowe processing plant recently constructed. Amax Gold (NYSE), 90% owner, expects the heap-leach operation to start producing in April …


Bema reworks debt terms

Bema Gold (TSE) wants to extend the term of its $5.6 million in convertible debentures. The company is proposing a 2-year extension on the maturity date to May 31, 1995, retaining the original 9% coup…




NEWS IN BRIEF (April 12, 1993)

Inca Gold Inc. (IGL:VSE) has changed its name to Air Pro Industries Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Pacific Corporate Trust.



STOCK MARKETS — Diamond exploration ventures fuel

The long odds of finding a potentially economic diamondiferous kimberlite pipe don’t appear to be daunting the growing number of junior companies now looking for such targets in North America. Western…


Spot prices at a glance (April 12, 1993)

Week’s Price (US) Change Gold* $337.15 + $0.25 Silver* $ 3.79 $0.10 Platinum* $360.60 $1.15 Nickel** $ 2.73 $0.04 Lead** $ 0.19 + $0.01 Copper $ 0.92 $0.05 Zinc $ 0.45 $0.00 Courtesy of Scotiabank. In…


GOLD FUNDS (April 12, 1993)

Gold Funds as of Apr. 6 BGR Central Net Value $9.70 $5.14 Price $7.75 $5.00 Discount 20.09% 2.7% Value $54,329,000 $84,121,500…


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