Articles by Northern Miner Staff


Coxheath has proposal to save Tangier mine

A payment proposal offered to creditors of the cash-strapped Coxheath Gold Holdings (TSE) may allow the company to recommence production at its Tangier gold mine in Nova Scotia. The terms of the propo…


Metal Prices (March 19, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 13 Mar. 12 Mar. 9 Mar. 8 Mar. 7 Copper 1618-1620 1612-1614 1640-164…



Oneida looking to increase reserves

Recent drilling on the Mexican Hat property by a unit of Placer Dome (TSE) encourages owner Oneida Resources (VSE) to predict reserves on the Arizona gold property will increase. Placer Dome is fundin…


Montreal Exchange More Douay drilling

The three partners in the Douay gold project in Quebec’s Casa Berardi region have started up a second drilling program representing 10,800 ft. Inco, Societe d’Exploration Miniere Vior and Cambior are …


Struggling ERG hurts Pamour

A loss of $54.8 million ($4.62 per share) was reported by Pamour (TSE) for 1989, compared with a loss of $6.4 million (54 cents per share) for the previous year. The loss includes the company’s share …


COATS (over-the-counter) Fontana spurs activity

Encouraging results were reported from one drill hole on the Fontana project near Val D’Or, Que., including a 45-ft. intersection grading 0.48 oz. per ton. Recently, another hole was completed with si…


CORRECTION (March 19, 1990)

Contrary to what was reported (T.N.M., March 12/90), the stripping ratio of the main Mt. Milligan deposit near Prince George, B.C., is estimated at 1.2-to-1. The deposit is 70% owned by Continental Go…


Gold funds as of Mar. 13

MVP BGR Central Capital Net value $12.03% %$6.19% $0.42 Price $10.875% %$6.50% $0.33 Discount 9.60% 5.0%5 21% Value $71,612,014 $104,191,720 N/A…


U.S. Gold lessens liquidity problems

Through the sale of its 40% interest in the Hayden Hill project, U.S. Gold (NASDAQ) has lessened a liquidity crunch which had threatened to push the company into bankruptcy protection. U.S. Gold sold …



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