Articles by Northern Miner Staff

Financing agreement will let Nugget Pond work resume

An agreement in principle has been reached between privately owned National Mineral Corp. and Bitech Corp. (ASE) that will see exploration work resume on the latter’s Nugget Pond gold property in nort…




Insider trading Inco insider sells at discount

Driven by threats of a miners’ strike in the Soviet Union, shares of Toronto-based Inco (TSE), the western world’s largest nickel miner, recently equalled their high for the year of $39.63. However, a…




Placer Dome upsstake in Cache

Vancouver-based Placer Dome (TSE) recently increased its stake in Cache Explorations (ME) to 20.5% from 12.5% by purchasing an additional 600,000 shares of Cache at $1 per share. Cache shares recently…


METAL PRICES FREE MARKET (April 15, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 9 April 8 April 5 April 4 April 3 Copper 1353-1356 1374-1375 1371-1372 1370-137…


NEWS IN BRIEF Tyranite Mines

Management of Tyranite Mines (CDN) resigned recently to make way for a new board of directors consisting of Ross McGroarty, Marilena Fuda and Suzanne McGroarty, all of Toronto. In addition, 1.3 millio…


NEWS IN BRIEF Colchis Resources Ltd.

Colchis Resources Ltd. (CLK:VSE) has changed its name to Northewan Minerals Corp. (NTW:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Pacific Corporate Tr…


Glen Auden deal finalized

An exploration agreement has been finalized by Glen Auden Resources (TSE), Golden Dragon Resources (VSE) and Noranda (TSE), covering a 460-claim property in the Timmins-Swayze area of northern Ontario…


Canchrome sees Reed potential

The latest assays released from a winter drilling program at the Reed-Belanger chromite property near Thetford Mines, Que., leave no doubt the potential for reserves minable by open pit is increasing …


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