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: …
Articles by Northern Miner Staff
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…
FINANCING (March 16, 1992)
Melinga Resources Ltd – 1,700,000 units consisting of 1 sh and 1 series A purch wt offered @ $1.04 per unit. Gold Giant Minerals Inc – 700,000 shs offered @ 35 cents per sh. Arizona Star Resource Corp…
TORONTO STOCK EXCHANGE INDICES (March 16, 1992)
Mar 10 Mar 9 Mar 6 Mar 5 Mar 4 High Low Composite “300” 3529.93 3518.57 3530.84 3545.55 3587.64 4009.47 3009.91 Metals & Minerals3079.29 3064.28 3070.09 3093.68 3109.33 3453.06 2502.63 Integrated Mine…
Deak, Cyprus in Kerr deal
A letter of intent to launch a $3-million underground exploration program at the Kerr gold mine of Deak Resources (TSE) at Virginiatown, Ont., has been signed by Deak and Cyprus Canada, an affiliate o…