LAC guarantees BIG refinancing
Toronto-based LAC Minerals (TSE) has agreed to guarantee a 420,000-oz. gold loan for its 65% owned subsidiary Bond International Gold (TSE). After evaluating various long- term refinancing alternative…
Articles by Northern Miner Staff
La Fosse analyses rhodium in drill core
In light of the soaring price of rhodium, La Fosse Platinum (TSE) has re-evaluated core from its Villebon nickel-copper-platinum prospect east of Val d’Or, Que. Results include rhodium values of up to…
Noranda secretive about recent drilling at Lynne zinc project
Further information about Noranda’s (TSE) Wisconsin zinc discovery will be kept confidential until the company issues an official press release, said John Harvey, president of Noranda Exploration. As …
United Keno board approves BLM deal
The board of directors of United Keno Hill Mines (TSE) has given the green light to a deal that will see BLM Mines, a unit of Sudbury- based Bharti Laamanen Mining, acquire Falconbridge Ltd.’s 44.8% s…
Toronto Stock Exchange Indices (July 23, 1990)
July 17 July 16 July 13 July 12 July 11 HIGH LOW Composite “300” 3613.39 3638.85 3596.38 3569.77 3544.52 4009.47 3334.13 Metals & Minerals 3359.95 3402.97 3375.64 3342.75 3293.21 3453.06 2850.84 Integ…
Dissidents force Sherritt meeting
Sherritt Gordon (TSE) says it will comply with a request from a minority shareholder for a shareholders’ meeting to vote on proposed changes in the metal refiners’ board. However, Sherritt said it is …
Toronto Stock Exchange Breakthrough at Trail hurts Cominco,
As investors waited for the Dow Jones Industrial Average to break the magic 3000 mark, employees at Cominco’s smelter in Trail, B.C., were confirming what the market has been saying all week. In antic…
Armeno signs deal with Nissho Iwai
Vancouver-based junior Armeno Resources (VSE) has formed a joint venture with a Japanese company to finance the development of a small silver-gold-lead-zinc deposit in Ecuador. Nissho Iwai of Japan ha…
Minerex ordered to pay mine contractor
A tribunal of the American Arbitration Association has ruled that Vancouver-based Minerex Resources (TSE) and the Aurora Partnership must pay nearly US$1.4 million in damages to a former contractor at…
Equinox buys 100% of Van Stone mine
The Van Stone zinc project in northeastern Washington is now owned 100% by Equinox Resources (TSE). The property is 25 miles south of Cominco’s zinc smelter at Trail, B.C. Equinox recently paid the fi…
Anglo hits graphite horizon on hole two
Drilling its second hole at the MWF property near Timmins, Ont., Anglo Canadian Mining (TSE) has intersected what it believes to be an important mineralized zone. Occurring at the contact between sedi…
Lingan mine wins rescue contest
The 21st provincial mine rescue competition was recently held in Glace Bay, N.S. Led by Jay Dooley, the Lingan mine team defeated seven competitors to win the championship. The contestants were judged…