Thailand revises its mineral policies
Thailand has moved to revise its outdated mineral legislation and the revision work has been made a first priority of Prime Minister Chuen Leek Pai’s government. Policy announcements last November by …
Articles by Northern Miner Staff
STOCK MARKETS — Precious metal producers respond to gold
A slight increase in the gold price during the week ended Jan. 26 drew a strong response from The Toronto Stock Exchange’s gold issues, which beat out diamond stocks as the most active traders for the…
STOCK MARKETS — Venezuelan Goldfields continues healthy
Western markets continued to gain ground during the week ended Jan. 26, with the primary focus still centred on the Kilometre 88 area of Venezuela. The Vancouver Stock Exchange resource index posted a…
Falconbridge, Dickenson cut staff
Staff cuts have been announced at Falconbridge’s Sudbury Division and Dickenson Mines’ (TSE) Arthur W. White Mine near Red Lake, Ont. To counter the effects of rising world nickel inventories and the …
William drilling Clementine gold property
A 3,000-metre diamond drill program is under way on William Resources’ (ME) Clementine gold property in Grevet and Franquet twps., about 30 km north of Lebel sur Quevillon, Que. The company has the op…
FINANCING (February 01, 1993)
Copperstone Res. Corp. — 1,500,000 shs. @ 17 cents per shs.
GOLD FUNDS (February 01, 1993)
Gold Funds as of Jan. 26 BGR Central Net Value $8.06 $5.12 Price $5.88 $4.50 Discount 27.14% 12.1% Value $45,164,000 $75,709,350…
TSE SHORT POSITIONS (February 01, 1993)
Semi-monthly reports as of Jan. 15, showed 37,140,692 shares of 570 issues compared with 36,526,778 shares of 601 issues on Dec. 31. Larger individual positions included: Adex Mng. 71,500, up 71,500; …
Neighboring Greenwood property subject of Britannia
The historic Greenwood mining district of southern British Columbia is providing an exploration focus for Britannia Gold (VSE). The junior recently entered into an agreement to acquire the Richmond Lo…
Ariel’s gold output growing
Production of 10,186 oz. gold was reported by Ariel Resources (VSE) for the fiscal year ended Sept. 30, 1992. Ariel operates the Tres Hermanos mine in Costa Rica. Processing occurs at the company’s Ma…
Loubel, Temisca raise funding
A pair of Quebec juniors headed by Gilles Fiset recently completed public offerings. Loubel Exploration (ME) says it raised $347,500, the proceeds to be used for exploration work at the Chassignole pr…
High River drills Snow Lake project
A deep drill program has commenced on High River Gold Mines’ (TSE) Snow Lake gold mine property near Snow Lake, Man. A deep drill hole has been positioned to intersect the Dick zone at the 3,200-ft. l…