Wheaton warrants
The recent exercising of 698,550 warrants at 60 cents each at the end of February netted Wheaton River Minerals (TSE) $419,130, the company reports.
Articles by Northern Miner Staff
Lenora options 61 claims near Larder Lake
Encouraged by recent results from a diamond drill hole, Greater Lenora Resources (TSE) has signed an option agreement on a 61-claim property in Rickard Twp., near Larder Lake, Ont. The company is also…
Correction (March 16, 1992)
Contrary to what was reported in (T.N.M., March 2/92), Lyon Lake Mines (ME) will hold only 900,000 shares of Mosquito Consolidated Gold Mines (VSE) after selling its 52% interest in the Mosquito Creek…
Quill Lake results being evaluated
The first phase of an approximate $150,000 exploration program at the Quill Lake, Ont., property of Hemlo Gold Mines (TSE) is complete, Golden Tag Resources (VSE) reports. Tag, which optioned the prop…
Newmont in gold deal with Uzbekistan
Colorado-based Newmont Mining (NYSE) is set to use technology developed in the U.S. to mine gold in the former Soviet Union after signing a joint venture agreement with the Republic of Uzbekistan. Und…
Beijing conference set for 1993
Gold mining technology will be the theme of an international conference June 15-17, 1993, at Beijing. The International Symposium on Gold Mining Technology will be sponsored jointly by the China Natio…
NEBEX options Royal Oak claims
Calgary-based NEBEX Resources (ASE) has optioned a portion of the Northbelt claims near Yellowknife, N.W.T., from Royal Oak Mines (TSE). The claims, covering 5,200 acres, contain three subeconomic gol…
Adonos, Franklin near production
An interim agreement between Adonos Resources (VSE) and Franklin Consolidated Mining (NASDAQ) will allow for the reopening of the Franklin gold-silver-base metal mine in the Idaho Springs area of Colo…
Mexico keeps up pressure to boost exploration
Within the next few months, the Mexican government will take another step toward full privatization of its mining sector by selling three million hectares of mineral lands. Having already sold its vas…
Exall begins work in Guyana
Toronto-based Exall Resources (TSE) has signed an agreement to acquire the exclusive right to explore for and develop alluvial gold and diamond deposits along a section of the Mazaruni River in Guyana…
On the Level (March 16, 1992)
This country is sorely in need of some new mines — big ones. But what in the world will it take to turn the industry around? Over the years it has learned to cope with the cyclical nature of the busi…
Others’ words (March 16, 1992)
“During the Iraq invasion of Kuwait, gold dealers expected a surge from Kuwaitis exchanging worthless dinars for physical gold, but the orders never materialized. It turned out that the Kuwaitis were …