Princeton faces drilling delays at Rio Lluta
A drilling program on the Rio Lluta property near Arica in northern Chile is scheduled to start shortly. Princeton Mining (TSE) had planned to begin drilling last November but the drilling equipment c…
Articles by Northern Miner Staff
Trading on TSE jumps 25.5% in 1992
The number of shares traded on The Toronto Stock Exchange (TSE) jumped by 25.5% to 7.3 billion in 1992, according to a recent report from the exchange. Compared with 1991, the total value traded was u…
Lumina assembling land package
Mine financier Robert Hunter is getting into the diamond exploration business. As president of Lumina Investment (VSE), Hunter is overseeing the assemblage of a “significant” property portfolio in bot…
PRODUCER PRICES (January 18, 1993)
ALUMINUM: MW U.S. market US57-58 cents per lb. (Jan. 8, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…
Curator acquiring Baja property
A recently completed agreement-in-principle gives International Curator Resources (VSE) the right to purchase a 100% interest in the Boleo copper-cobalt property in Baja, Mexico, from Minera Terra Gai…
Amax Gold eyes Golden Summit
A letter of intent was recently signed allowing Amax Gold (NYSE) the right to earn an interest in the Golden Summit project near Fairbanks, Alaska. Freegold Recovery (VSE), which has been exploring th…
Orvana options Jamaican ground
A wholly owned subsidiary of Orvana Minerals (TSE) recently entered into a letter of intent with BHP Minerals International to acquire a 100% interest in that company’s Central Inlier prospect in Jama…
Homestake to option Eskay properties
A recent letter of intent sets the stage for Homestake Mining (NYSE) to earn a 51% interest in two properties held by Ecstall Mining (VSE) in the Eskay Creek region north of Stewart, B.C. The two sepa…
Zappa drilling confirms, extends Dot copper zone
A recently completed 6-hole drilling program on the Dot property in central British Columbia confirmed and extended a previously identified zone of copper-oxide mineralization. Zappa Resources (VSE) i…
Skyline plans work programs in Iskut area
Gold prices may be testing new lows, but Skyline Gold (TSE) is forging ahead with plans to resume exploration on its land package in the Iskut River district of northwestern British Columbia. The juni…
TSE Short Positions (January 18, 1993)
Semi-monthly reports as of Dec. 31, showed 36,526,778 shares of 601 issues compared with 34,511,097 shares of 582 issues on Dec. 15. Larger individual positions included: Amer. Barrick 156,509, up 55,…
Gold Funds (January 18, 1993)
BGR Central Net Value $7.87 $5.08 Price $6.00 $4.45 Discount 23.80% 12.4% Value $44,717,000 $74,868,135.