San Andreas plans winter drilling
With the release of additional high-grade lead-zinc-silver values at its Prairie Creek property 300 miles west of Yellowknife, N.W.T., San Andreas Resources (VSE) announced plans to continue drilling …
Articles by Northern Miner Staff
Coal association cancels meeting
The coal industry is in such turmoil, the Calgary-based Coal Association of Canada has cancelled its Industry Outlook Symposium for October. A key speaker dropped out when his mining company failed an…
LETTERS TO THE EDITOR — Defending `penny dreadfuls’
M.R. Brown’s recent column “Warding off `penny dreadfuls,'” (T.N.M., Sept. 14/92) contains many unfounded comments which we find disturbing. It is most difficult to understand how The Northern Miner, …
OBITUARY: Arthur White financed juniors
Popular mining promoter, financier and executive Arthur W. White, who coined the risk capital phrase and raised many millions of dollars which he spent judiciously, died after a lengthy illness. He wa…
PEOPLE — CONS. RAMROD GOLD (October 05, 1992)
David Jackson appointed vice-president, corporate finance.
PEOPLE — WESTAR GROUP (October 05, 1992)
Larry Bell will act as interim chairman.
STOCK MARKETS — Commonwealth issue gains on northern
Diamond exploration continues to generate investor interest on western markets. During the week ended Sept. 29, the Vancouver Stock Exchange resource index managed a 13.23-point gain to 572.30, while …
Spot prices at a glance (October 05, 1992)
Week’s Price (US) Change Gold* $349.00 + $0.10 Silver* $ 3.77 – $0.07 Platinum* $367.50 + $3.25 Nickel** $ 3.03 – $0.06 Lead** $ 0.27 $0.00 Copper $ 1.06 – $0.02 Zinc $ 0.58 – $0.03 Courtesy of Scotia…
Metalore banking on appeal of 1990 Brookbank decision
Almost two years after an Ontario court awarded the Brookbank gold property near Beardmore, Ont., to Ontex Resources (ASE), President George Chilian of Metalore Resources (TSE) says he is sure his sha…
FINANCING (October 05, 1992)
Spirit Res. Ltd. – 1,400,000 units @ $1.05 per unit. Each unit consists of 1 sh and 1 wt. 2 series `A’ wts. to purchase 1 sh.
GOLD FUNDS (October 05, 1992)
BGR Central Net Value $8.56 $5.20 Price $7.00 $4.95 Discount 18.22% 4.8% Value $50,372,000 $83,280,285…
Calcium carbonate deposit in Ontario interests Eastern
An agreement to acquire a calcium carbonate deposit near Tweed, Ont., has been negotiated by Eastern Stone Products (ASE). The company says sampling indicates a high degree of purity and brightness an…