Articles by Northern Miner Staff

GOLD FUNDS (July 09, 1990)

MVP BGR Central Capital Net value $10.88 $5.52 $0.34 Price $9.375 $5.500 $0.20 Discount %13.83% %0.4% 41.2% Value $64,786,475.29 $92,533,650 N/A…


$18.9 million for Lithoprobe

Federal government support for the project Lithoprobe will increase by 50%, bringing the amount to $18.9 million over the next three years. Lithoprobe is the largest multidisciplinary study of the ear…


MinVen acquires gold prospect

Blackdome Mining, a wholly owned subsidiary of MinVen Gold (TSE), recently entered into an agreement to acquire a group of four claims known as the Elizabeth property, 19 miles south of the Blackdome …




Rhodium price heads skyward

Investors waiting for a rise in the price of gold might want to turn their attention to an expensive member of the platinum group of metals. Rhodium, used mainly in the manufacture of catalytic conver…


Corona revises plans for merger to bypass Pezim

Murray Pezim, chairman of Prime Resources (VSE), has forced Corona (TSE) to revise its plans for control of the Eskay Creek gold play. As a result of Pezim’s rejection of Corona’s bid for a larger sta…



Algoma to sell stake in Tilden iron mine

Algoma Steel Corp., a wholly owned subsidiary of steel producer Dofasco, is seeking a buyer for its U.S. coal and iron ore interests, including its 30% stake in the Tilden mine, a Michigan-based iron …


Gratton to head Asbestos Institute

A former minister of revenue for the Liberal government in Quebec, Michel Gratton, has been appointed president of The Asbestos Institute, which has its headquarters in Montreal. Gratton, who served a…


Corrections Melinga Resources

Melinga Resources (VSE) is based in Vancouver and in London, England. A previous story (T.N.M., July 2/90) had the company situated elsewhere.


Nickel demand to exceed supply

A review of recent trends in the nickel market has led analysts at Richardson Greenshields to forecast a positive outlook for nickel prices over the next year. “There is no sign of an end to the curre…


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