Articles by Northern Miner Staff




Spot prices at a glance (April 05, 1993)

Week’s Price (US) Change Gold* $336.90 + $5.60 Silver* $ 3.89 + $0.24 Platinum* $361.75 + $4.85 Nickel** $ 2.77 + $0.04 Lead** $ 0.19 + $0.01 Copper $ 0.97 $0.02 Zinc $ 0.45 $0.00 Courtesy of Scotiaba…


FINANCING (April 05, 1993)

Cons. Newgate Res. — 800,000 units @ 86 cents per unit where each unit consists of 1 sh and 2 wts; with a minimum offering of 400,000; two series A wts to purchase 1 sh.


TORONTO STOCK EXCHANGE INDICES (April 05, 1993)

Mar.30 Mar.29 Mar.26 Mar.25 Mar.24 High Low Composite”300″3586.11 3585.25 3599.74 3612.04 3603.70 4009.47 3009.91 Metals&Minerals 2916.94 2911.06 2921.27 2939.99 2950.00 3453.06 2502.63 Integrated Min…


PRODUCER PRICES (April 05, 1993)

ALUMINUM: MW U.S. market US53.75-54.50 cents per lb. (Mar. 26, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 11, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…


Noranda to sell Louvem shares

The controlling shareholder of Societe Miniere Louvem (TSE), Noranda Minerals, wants to sell its block of 11,474,000 Louvem shares to the highest bidder. In August 1989, Noranda acquired an interest i…


Eastern Stone raises Belrose interest

Eastern Stone Products (ASE) is set to acquire a further 25% interest in Belrose Minerals, bringing its total interest to 75%. In exchange for the interest, Belrose will be issued 500,000 shares of Ea…


NEWS IN BRIEF (April 05, 1993)

Stormin Resources Inc. (SMR:VSE) has changed its name to Biocoll Medical Corp. with no consolidation of capital. The transfer agent is Pacific Corporate Trust.


Goldbelt seeks tailings funding

Despite political uncertainty in the former Soviet Union, Goldbelt Resources (VSE) expects to complete financing by the third quarter of 1993 for construction of a gold tailings project in Kazakhstan….


Dundee sells shares in Baja, Yorbeau

Toronto-based Dundee Bancorp (TSE) has sold its 12.1% interest in Baja Gold (TSE) and its 16.9% interest in Yorbeau Resources (ME) to 1021105 Ontario, a new natural resource company (T.N.M., Mar. 22/9…


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