EDITORIAL PAGE (January 13, 1992)
Over the years we have found it is impossible to predict the outcome of any legal action. The workings of Canada’s courts are a mystery, the secrets of which are not fully known even by the society of…
Articles by Northern Miner Staff
Logan addresses Hall audience
Guests attending the Canadian Mining Hall of Fame’s fourth annual induction dinner got a ghostly surprise when “numerous prayer meetings and seances” brought Sir William Logan, founding director of th…
TSE Short Positions (January 13, 1992)
Semi-monthly reports as of December 31, showed 23,082,928 shares of 572 issues compared with 21,116,306 shares of 599 issues on December 15. Larger individual positions included: Amax Gold 251,100; Am…
Canada tops global list in exploration spending
Despite the malaise spreading throughout Canada’s metals exploration industry, this country remains the leader in terms of exploration spending, says Halifax-based The Metals Economics Group Strategic…
Alberta Stock Exchange (January 13, 1992)
After announcing a lawsuit against VSE-listed Cal Graphite, Takla Star Resources jumped 9 cents to 39 cents during the week ended Jan. 7. Takla is claiming ownership of a graphite mine near Huntsville…
Vancouver Stock Exchange (January 13, 1992)
The VSE’s resource index staged a sharp rebound heading into 1992, gaining 38 points to finish the period ended Jan. 7 at 492.85. The composite index followed with a more modest increase of 7.56 point…
Carlin reviews merger proposal
The board of Carlin Resources (VSE) is reviewing an offer to merge with an undisclosed public company trading on the Vancouver Stock Exchange. Carlin management believes the party is making the propos…
Montreal Exchange (January 13, 1992)
Activity slowed during the New Year’s holiday week but did pick up on the last day of our report period ended Jan. 7. Daily trading volumes ranged between 1.6 million and 5.9 million shares. The marke…
Unlisted Trading (January 13, 1992)
Topping the list of most active issues for the week ended Jan. 7 was Horne Fault Mines, which gained 20 cents to close at 50 cents. The junior is hoping to start up a slag processing operation in Neva…
TVX director seller prior to price fall
TVX Gold (TSE) director Nigel Lees recently sold a portion of his holdings in the Toronto-based gold-silver miner at a substantial premium on the recent market price. In November, according to the Ont…
Golden Ring begins drilling
Field personnel and drill equipment were recently mobilized to the Bellas Gate property in Jamaica to test two advanced porphyry copper-gold targets and a new copper-gold-silver discovery. The project…
Westmin expands Battle zone
Ongoing drilling by Westmin Resources (TSE) is expanding the newly discovered Battle zone on the company’s Myra Falls mine property near Campbell River, B.C. The company recently obtained a fourth “sp…