Articles by Northern Miner Staff

South American Goldfields (TSE) recently raised $460,000 through a private placement involving 575,000 shares at 80 cents per share. Proposed was the sale of up to one million shares. The company said…

There will be big things happening in British Columbia’s mining industry for the rest of this century, big enough to warrant raising the old question of whether the West Coast needs a copper smelter. …

With little else to focus on apart from weak gold prices and a flurry of mixed economic signals, confused investors elected to stay out of the market during the week ended March 19. Although Finance M…

Metall Mining (TSE) has raised $65 million from a public offering to reduce bank debt and provide funds for other corporate purposes, including the financing of projects in North America, Europe and t…

N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Mar 107.85 107.10 107.40 – 3.70 Apr 106.50 106.00 106.80 – 2.45 May 106.20 105.20 105.95 – 2.30 SILVER (in US cen…

Toronto-based Noranda (TSE) foresees lower earnings and cash flows in its four operating divisions this year unless there are unexpected increases in commodity prices or a drop in the value of the Can…

Options Open Series Volume Last Interest May 370 C 5 7.00 20 May 390 C 5 2.70 80 Aug. 370 C 2 17.00 5 Aug. 380 C 12 9.50 90 The New York closing gold price was $364.40 per oz. Last quotations for gold…

Mar. 19 Mar. 18 Mar. 15 Mar 14 Mar. 13 HIGH LOW Composite”300″ 3495.45 3514.99 3517.24 3530.10 3550.70 4009.47 3009.91 Metals & Minerals3153.17 3197.86 3232.29 3246.26 3262.03 3453.06 2502.63 Integrat…

Vancouver-based Kalahari Resources (VSE) says exploration has commenced at its Keystone gold project in Pennington Cty., S.D. Prospecting Geophysics, a company controlled by consultant Peter Ferdeber,…

Exploration-oriented juniors which make the transition to gold producers without stumbling are few and far between. Crown Resources (VSE) is something of an anomaly, in that the company has yet to suf…

TGA Management, a private company that owns a controlling 19.5% stake in Parlake Resources (TSE), is preparing to tighten its hold on the Toronto-based junior exploration company. Under an agreement w…

For the third time in as many years, the annual average New York (Handy & Harman) price for silver in 1990, at US$4.82 per oz., was lower than for the previous year, the Silver Users Association of Wa…