Tunnelling method a legacy of the Cold War
It’s hard to believe there could be a connection between intercontinental ballistic missiles and hard-rock mining. But there is. The Cold War era saw an unprecedented amount of effort and hard cash di…
Articles by Northern Miner Staff
NEWS IN BRIEF (January 04, 1993)
Avondale Resources Inc. (AVD:VSE) has changed its name to Portman Explorations Ltd. (PXL:VSE) with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is Pacific Corporate…
PEOPLE — CHAPLEAU RESOURCES (January 04, 1993)
Bert Hinch appointed director.
PEOPLE — GOLDEN DIVIDEND RESOURCES
Basil Pantages, Naren Majithia, Raj Pandya and Harvey Gould appointed directors.
1992 — A LOOK BACK — Overseas projects
More and more, Canadian miners are involving themselves in projects abroad. Trips outside the country this year by staff members of The Northern Miner included to Mexico, Miami, South Dakota, Alaska, …
STOCK MARKETS — VSE’s resource index posts a healthy gain on
Looking back over 1992, one is reminded of the potential for spectacular gains on western markets. The Vancouver Stock Exchange resource index posted an almost 50% increase to 667.08 points by the end…
Cathedral Gold plans drilling
Surface geophysical work at the Trendline property owned by Cathedral Gold (TSE) outlined a deep target which the company plans to drill test this month. Cathedral staked the 1,900-acre property earli…
Spot prices at a glance (January 04, 1993)
Week’s Price (US) Change Gold* $332.30 – $0.20 Silver* $ 3.66 – $0.04 Platinum* $356.50 – $3.00 Nickel** $ 2.64 $0.00 Lead** $ 0.21 $0.00 Copper $ 1.03 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
Strike acquires Ontario claims
Strike Minerals (CDN) has purchased one dozen 16-claim units covering 7,680 acres in Amyot, Browning, Ogilvie and Sheard twps., 10 miles southwest of Shining Tree, Ont. Strike says it acquired the gro…
1992 — A LOOK BACK — Save Our North springs into action
A grassroots mining campaign from northern Ontario captured the attention of many in 1992, and in particular that of the provincial government. Premier Bob Rae, Mines Minister Shelley Martel and other…
Market balances to 2005 for copper concentrates
No new greenfield copper smelters, including those currently planned or under construction, are required in the Western World until the end of the 1990s, according to a recent report prepared by Briti…
GOLD FUNDS (January 04, 1993)
BGR Central Net Value $7.95 $5.04 Price $6.25 $4.50 Discount 21.42% 10.7% Value $45,301,000 $75,709,350.