Articles by Northern Miner Staff

Poor stock market conditions and a difficult financing climate have scuttled a $1.2-million exploration agreement between Geomaque Explorations (TSE) and Kingswood Explorations (ASE). The two companie…

Toronto-based Lencourt (TSE) is planning to raise $4.6 million to acquire African mining company Sominki and its Belgian subsidiary through a private offering of common shares. Lencourt says a limited…

Ontario has allocated $30 million in incentives for mineral exploration in the province over the next three years. Provincial Treasurer Robert Nixon included the allocations in his 1990-91 budget unve…

Over the past couple of months, mining insiders were busily increasing their exposure to any future developments at the Eskay Creek, B.C., and Louvicourt Twp., Que., exploration projects. Buyers inclu…

Denver-based Manville (NYSE) is looking to sell its 50% interest in the Stillwater mine, the world’s only economically viable primary source of platinum group metals outside South Africa. Manville, an…

In its first major exploration project outside North America, Cambior (TSE) is negotiating an agreement involving gold property in Indonesia. Cambior, based in Val d’Or, Que., says it has reached an u…

Black Hawk Mining (TSE) has entered into a $1-million flow- through share financing agreement with CMP 1990 Resource Partnership and Co. Ltd. The share pricing of the issue has yet to be determined. B…

The global copper market, which experienced exceptional years in 1988 and 1989, is poised to move into marginal oversupply during the next two years, says an international securities firm. Shearson Le…

MVP BGR Central Capital Net value $11.56% %$5.85% $0.38% Price $9.75% %$6.125% $0.22% Discount 15.66% %4.7% 42.1% Value $68,843,115 $103,048,838 N/A…

AMERICAN BARRICK — Alan Hill appointed executive vice- president of operations and Gregory Wilkins, executive vice-president and chief financial officer.

The Centre for Resource Studies at Queen’s University, Kingston, Ont., will receive a $81,525 grant to study the impact of research and development on the province’s mining industry, says Ontario’s Mi…

Week’s Price (US) Change Gold* $374.80 + $0.10 Silver* $5.02 — $0.07 Platinum* $480.75 + $2.75 Nickel** $4.29 + $0.36 Lead** $0.37 — $0.01 Copper- $1.22 Zinc $0.80 + $0.06 Courtesy of Scotiabank. In…