Articles by Northern Miner Staff

Week’s Price (US) Change Gold* $333.40 – $1.70 Silver* $ 3.71 – $0.05 Platinum* $363.50 + $2.00 Nickel** $ 2.53 $0.00 Lead** $ 0.21 $0.00 Copper $ 0.99 + $0.01 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…

In the article “NDP killing mining” (T.N.M., Nov. 16/92), M.R. Brown points out that the New Democratic Party is hurting mining in Ontario and British Columbia. However, he did credit Ontario with pro…

I must respond to the letter from Jake Epp (T.N.M., Nov. 30/92). The minister of Energy, Mines and Resources (EMR) implies that my article calling for his resignation was factually incorrect. The quot…

Junior Red Rock Mining (VSE) is the subject of a takeover bid by American Resource, which is proposing to merge the two companies should its offer be successful. American is offering to buy all of the…

Gold Funds as of Dec. 8 BGR Central Net Value $7.795 $5.16 Price $6.38 $4.65 Discount 19.79% 9.9% Value $45,602,000 $78,232,995…

Two additional purchases of claims have been made by Aronos Multinational (CDN) adjoining the company’s gold exploration property in the Mexican state of Sonora. The company, which recently completed …

ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…

Semi-monthly reports as of Nov. 30, showed 35,033,669 shares of 561 issues compared with 36,786,868 shares of 593 issues on Nov. 15. Larger individual positions included: Amer. Barrick 185,924, down 8…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec. 8 Dec. 7 Dec. 4 Dec. 3 Dec. 2 Copper 1383-1385 1390-1391 1400-1401 1386-1387 14…

Due to lower than anticipated drill costs, two additional holes will be drilled on the Glimmer Resources’ (TSE) Hislop-Beatty gold property in northeastern Ontario. The new holes will be drilled to fu…

Montreal-based St. Genevieve Resources (TSE) is joining forces with the Institut national de la recherche scientifique on the environmental front. The pair will focus on environmental problems related…

I am the accountant for a group of mining exploration companies and I’d like to point out a decision recently reached by a Revenue Canada auditor after a desk audit of our claim for input tax credits….