Articles by Northern Miner Staff


Toronto Stock Exchange (March 16, 1992)

Shares of Aber Resources emerged among the volume leaders during the week ended March 10 as the diamond explorer flew an airborne survey over its 420,000-acre property in the Northwest Territories. As…


Cheni works to restructure long-term debt

With economic reserves essentially exhausted and a balance sheet in critical condition, Cheni Gold Mines (TSE) is working to refinance its bank debt as well as restructure the company’s long-term liab…


PRODUCER PRICES (March 16, 1992)

ALUMINUM: MW U.S. market US61-62 cents per lb. (Feb. 27, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CADMIUM: …


Wharf opposes United Coin mine deal

Wharf Resources (TSE), the largest unsecured creditor of United Coin Mines (TSE), says it will fight to have a recent agreement between United Coin and MinVen Gold (TSE) revoked. Under the agreement, …


Wedged hole cuts zone at Vior’s Douay project

The wedging of a previously drilled hole on the Douay gold property in the Casa Berardi area of Quebec resulted in the intersection of a known mineralized zone, Societe d’Exploration Miniere Vior (ME)…


TSE Short Positions (March 16, 1992)

Semi-monthly reports as of February 28, showed 24,809,797 shares of 611 issues compared with 24,638,727 shares of 600 issues on February 15. Larger individual positions included: Amer. Barrick 225,075…


Alberta Stock Exchange (March 16, 1992)

Topping the most active list at over one million shares, Argus Resources tacked on 2 cents to close at 32 cents for the week ended March 10. The Calgary-based junior has a sizable land position in the…


Verdstone raises funds for drilling

Drilling is expected to begin shortly on the Newton Hill gold-copper property under option to Verdstone Gold (VSE). The company recently completed a unit offering consisting of 600,000 shares and 1.2 …


INSIDER TRADING (March 16, 1992)

Pierre Gauthier, chairman of Montreal-based St. Genevieve Resources (TSE) and its 20% owned affiliate Societe Miniere Louvem (TSE), was active in the stock market recently. According to the Ontario Se…


Unlisted Trading (March 16, 1992)

Shares of Strike Minerals got a boost during the week ended March 10 as the company announced a drill program on its 31-claim property in the Shining Tree area of northeastern Ontario. Although a frea…


GOLD FUNDS (March 16, 1992)

BGR Central Net Value $8.22 $5.16 Price $7.50 $4.600 Discount 8.75% 10.9% Value $48,937,000 $77,391,780…


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