United Pacific posts gain
Claiming top spot as the most active issue on Canadian exchanges for the week ended April 7 was United Pacific Gold (VSE). During this period, the Vancouver-based junior mining company posted a gain o…
Articles by Northern Miner Staff
NEWS IN BRIEF (April 13, 1992)
Luxor Resources Ltd. (LRL:VSE) has changed its name to Luxor Industrial Corp. (LRL:VSE) with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Montreal Trust.
More study ordered for part-time garnet mine
The British Columbia government is calling for additional study on the Crystal Peak garnet project before a permitting decision is made. Anne Edwards, energy and mines minister, and John Cashore, mini…
EDITORIAL PAGE (April 13, 1992)
It’s stunning to see how easily Ontario Premier Bob Rae can so completely ignore in the speech from the throne what he had so fervently supported just days earlier. In late March a grassroots campaign…
Gold bulls back
I couldn’t have agreed more with your editorial “Fundamentals look bullish for gold” (T.N.M., Mar. 2/92). While your viewpoint was clearly valid, investors only need to realize that the ultimate bulli…
Holcorp plan rocks Arimetco
A stellar performer of late, oxide copper specialist Arimetco International was rocked by some bad news during the week ended April 7 after hitting a new high of $5.75. Arimetco has been something of …
INSIDER TRADING (April 13, 1992)
Thunderwood Resources (TSE) director Leo Thibodeau recently sold a big portion of his stake in the Toronto exploration company. According to the Ontario Securities Commission’s OSC Bulletin, Thibodeau…
Greenstone to buy Nicaraguan mine
Toronto-based Greenstone Resources (TSE) says its share of gold production will jump to about 82,000 oz. per year by 1994 if it purchases the Libertad gold mine in Nicaragua. As part of Nicaragua’s re…
Companies provide funding for co-operative exploration effort
A group of 14 Canadian mining companies have contributed a total of $192,000 to start up an exploration division within the Mining Industry Technology of Canada (MITEC). With research and development …
Windy Craggy comes under attack in U.S.
A river conservation organization in the U.S., American Rivers, says the Tatshenshini-Alsek river system in northwestern British Columbia (and near Alaska), in the area of the Windy Craggy copper mini…
Increased smelter charges reflect zinc supply
There are some who may need to consult economists and pore over volumes of statistics to gauge the health of the economy. A faster way may be to examine the zinc price. About 46% of the metal is used …
Minerva options Mexican property
After months of intense negotiations, a Mexican company owned 49% by Minerva Gold Mines (VSE) has emerged with an option agreement to purchase the La Conquista property located entirely within the bou…