Gold Commissioner rules on claims
British Columbia’s chief gold commissioner recently ordered that Eurus Resource (VSE) apply for abandonment and relocation of the PI and Delta claims within 30 days of the removal of the staking freez…
Articles by Northern Miner Staff
Greenstone’s Oronorte on target
The Oronorte property, wholly owned by Greenstone Resources (TSE), an underground gold mining operation about 96 miles in a direct line north-northeast from here, went into production in November, 199…
EDITORIAL PAGE Juniors adapting to new rules
Could things be any worse for junior mining companies? These have to be some of the darkest days anyone in the industry has witnessed. Seldom has there been so little interest in the mineral explorati…
GOLD FUNDS (June 03, 1991)
BGR Central Net Value $8.66 $5.05 Price $7.25 $4.650 Discount 16.28% 7.9% Value $51,575,297 $78,232,995…
Inco, Vior boost tonnage on Douay venture’s West zone
A new preliminary reserve estimate of 643,000 tons grading 0.29 oz. gold per ton for the West zone of the Douay joint venture gold project in northwestern Quebec has been announced by Inco (TSE) and S…
Glamis ups debenture issue to raise US$4 million more
The successful completion of a private placement of debentures by Glamis Gold (TSE) prompted the company to increase the size of the issue to US$12 million from a minimum of US$8 million. The placemen…
Uranium, Rio in discussions
Uranium oxide producer Uranium Resources (TSE) reported meeting with representatives of Rio Algom (TSE) and its affiliates to explore the feasibility of Rio making a proposal to acquire Uranium Resour…
View from the West Multiple use requires clear leadership
About 6% of British Columbia is currently set aside as park land. The proposals made last year by the British Columbia provincial government regarding potential parks and wilderness areas go a long wa…
EDITORIAL PAGE Dirty work?
Mining is all too often considered a dirty word when it comes to career choices. That image is changing as young people become aware of the variety of jobs available in the industry — not just engine…
Unlisted Trading Rhinelander results
Partners Placer Dome, Pelangio-Larder Mines and Quote Resources believe they have intersected the edge of a conductor stretching for several thousand feet along their Rhinelander property in northern …
Piedmont chalks up loss due to lower gold price
A drop in gold prices as well as a decrease in ore grade pushed Piedmont Mining (NASDAQ) into a US$394,000 loss for the first quarter ended March 31. Piedmont reported net income of US$406,000 in the…
Insider Trading Atlanta insiders benefit from price rally
A number of Atlanta Gold (TSE) insiders recently took advantage of the recent price rally sparked by an agreement that gives Newmont Mining (TSE) the option to earn 51% of Atlanta’s Elmore silver proj…