Mercur mine lawsuit postponed until fall
The Mercur mine lawsuit involving American Barrick Resources (TSE) and Utah exploration company Gold Standard (NASDAQ) probably won’t be tried until later this year. Originally scheduled to begin Apri…
Articles by Northern Miner Staff
Gold funds as of May 1
MVP BGR Central Capital Net value $10.86% %$5.73% $0.37% Price $9.375% %$6.000% $0.22% Discount 13.67% %4.7% 40.5% Value $64,670,865 $100,945,800 N/A…
Goldbank gold assays
Anomalous surface assay results have been reported by Goldbank Ventures (ASE) from the Hayes gold showing on the company’s 100% owned Bon property on Vancouver Island, about 15 miles northwest of Nana…
Bethlehem moves onto newly opened Shining Tree mining claims
The first mining company to announce a stake in a band of newly opened claims near Cobalt, Ont., is Bethlehem Resources (TSE). Bethlehem, along with joint venture partner Northair Mines (TSE), staked …
Timmins nickel set to resume milling at Giant Yellowknife
Nickel producer Timmins Nickel (TSE) says a contract with Giant Yellowknife Mines (TSE) for custom milling of ore from the Redstone mine near here will resume soon at Giant’s Schumacher mill. The old …
Insider Trading Jonpol, Pollock bet on Northway claims
Results released by a number of participants in the Vezza-Douay Twp. region of northwestern Quebec have drawn attention to what looks like a promising gold exploration play. While economic gold values…
U.S.Rrport Crown options properties from Nevada Goldfields
In a bid to increase its gold production and exploration prospects, Crown Resources (VSE) has taken a 30-day option to purchase a number of assets from Nevada Goldfields (TSE). The assets, all in Neva…
Commodity index shows March gain
The all-commodity price index of Scotiabank rose by 2% in March, its first monthly gain since October. A strong recovery in base metals — up 7.2% from February — offset small declines in forestry pr…
Diamond mining begins at Glencairn’s Raw Bean Deposit
Initial mining and production plant tune-up are under way at Glencairn Explorations’ (ASE) Raw Bean diamond mine in Bahia, Brazil. Glencairn is testing small batches of low-grade ore at its portable p…
American Barrick moves up but Placer still top gold producer
Moving up the list of top Canadian gold producers is American Barrick Resources (TSE), which Richard Cohen of securities firm BBN James Capel says could occupy the second position in the country by th…
Gold price not critical to Barrick profit’s
Facing a packed annual meeting audience and a toy version of his company’s brand new autoclave unit, American Barrick Resources (TSE) Chairman Peter Munk attempted to allay any concerns his shareholde…
Spot prices at a glance (May 07, 1990)
Week’s Price (US) Change Gold* $370.50 — $4.30 Silver* $5.00 — $0.02 Platinum* $476.75 — $4.00 Nickel** $4.31 + $0.02 Lead** $0.36 — $0.01 Copper- $1.27 + $0.05 Zinc $0.79 — $0.01 Courtesy of Sco…