Articles by Northern Miner Staff

Gold funds as of Apr. 17

MVP BGR Central Capital Net value $11.59% %$5.87% $0.39% Price $10.50% %$5.875% $0.23% Discount 9.40% %0.1% 41.0% Value $69,013,966 $98,842,763 N/A…


News in Brief (April 23, 1990)

Clifton Resources has changed its name to Consolidated Clifton Resources Ltd. (CFC:VSE) on a 1-new-for-5-old-share basis. Transfer agent is Central Guaranty Trust Co.


Spot prices at a glance (April 23, 1990)

Week’s Price (US) Change Gold* $374.70 + $0.60 Silver* $5.09 Platinum* $478.00 + $2.00 Nickel** $3.93 — $0.06 Lead** $0.38 + $0.01 Copper- $1.22 + $0.03 Zinc $0.74 Courtesy of Scotiabank. Information…


Stewart Lake issues terms of debenture

Stewart Lake Resources (TSE) recently received $500,000 under a Series A Debenture and Warrants issued under a March 12 loan agreement with Trinity Capital Corp. The 5-year debenture bears interest at…


Newmont selling stake in coal miner

Newmont Mining’s (NYSE) attempt to reduce its debt by selling non-core assets continued recently when the Denver company agreed to sell its 54.97% stake in Peabody Holding Co. to a U.S. subsidiary of …


Marshall ups stake in Eden Roc to 67%

In return for $1.4 million, Marshall Minerals (ASE) has acquired seven million shares of Eden Roc Mineral (ASE). As a result of the private placement, Marshall now owns a 67% stake in Eden Roc on an u…



Pioneer accepts Placer Dome offer

Pioneer Metals (TSE) recently accepted an offer from a unit of Placer Dome (TSE) to joint venture its Bonito gold-silver property in New Mexico. In order to earn a 60% interest, Placer Dome is require…


Cache drilling at Courville

More encouraging drilling results have been reported by Explorations Cache (ME) from three holes at the Courville gold property northeast of Val d’Or, Que. Cache, which is earning up to a 50% interest…


Correction (April 23, 1990)

A preliminary reserve estimate of 800,000 tons grading 0.177 oz. gold (uncut) and 12.63 oz. silver is reported by Biron Bay Resources (ASE) for the company’s Summit gold project in New Mexico. Incorre…



Newspapers popular information source

For the majority of Canadian shareowners, newspapers are the most popular source of investment information, according to a shareownership survey conducted by The Toronto Stock Exchange. The survey, co…


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