Articles by Northern Miner Staff

Sikaman debt

Owners of the 10% convertible debentures of Sikaman Gold Resources (TSE) approved recently a proposal to convert $6.1 million in debt into units consisting of three redeemable, convertible preference …



Louvem to move Louvicourt stake into new company

In a bid to pave the way for financing of the Louvicourt Twp. copper-zinc deposit, Toronto-based Noranda (TSE) is spinning out a new company to shareholders of 52% owned Societe Miniere Louvem (TSE). …



Cassiar deal not sewn up yet

Financing for the purchase of the Cassiar asbestos mine in northern British Columbia is proving elusive for Black Swan Gold Mines (TSE). Black Swan had reached an agreement with Arthur Andersen, the m…


NEWS IN BRIEF (July 13, 1992)

Danstar Resources Ltd. (DST:VSE) has changed its name to Star Dance Resources Ltd. (SDL:VSE) with a consolidation of capital on a 1-new-for-4. 4-old-share basis.


Onitap negotiates reverse takeover with Red Oak

An agreement-in-principle has been reached for a reverse takeover of Onitap Resources (TSE) by private company Red Oak Resources of Calgary, Onitap reports. Onitap plans, subject to shareholder and re…




Others’ Words (July 13, 1992)

Gold’s role as an industrial metal has grown significantly in the last five years, driven almost solely by demand for gold jewelry. Much of this growth has come from the newly industrializing nations …


Cominco defers smelter decision

More tests will be required before management of Cominco (TSE) is able to make a decision whether to modify and restart its QSL lead smelter at Trail, B.C., or convert to a Kivcet plant. The company’s…


$12,000 to survey Lake Superior shore

A $12,000 grant will be given to geophysicists at the University of Toronto to conduct research along the east shore of Lake Superior, says Shelley Martel, Ontario’s mines minister. “The investigation…


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