Articles by Northern Miner Staff

Jittery traders ruled the floor of the TSE today, Jan. 17, as the composite index slid 27.71 points to close at 3,872.27 points. The nervousness stems from mounting concerns as to the direction of the…

Week’s Price (US) Change Gold* $410.60 +$ 4.75 Silver* $ 5.23 –$ 0.04 Platinum* $496.25 +$ 2.50 Nickel** $ 3.27 –$ 0.22 Lead** $ 0.32 –$ 0.02 …

One of the problems of corporate-sponsored research and development has always been doubts about sponsors’ ability to reap the benefits of their investment. It’s difficult to expect corporations to ki…

Perhaps the mysterious trading activity on the preferred shares of Westar Mining (TSE) can be explained by the company’s recent announcement of a debt restructuring. The restructuring does not, howeve…

The value of shares traded on the Montreal Exchange during 1989 increased by 33.8%, a better performance than the 24.5% turned in by the combined Canadian market. The exchange reports the dollar value…

Territorial rights encompassing 15 states in the U.S. have been granted to American Iron Carbide, a wholly owned subsidiary of Millers Cove Resources (ASE), for the production of iron carbide. Holder …

Toronto-based Franco-Nevada Mining (TSE) has joined the growing list of Canadian resource companies planning to adopt a poison pill mechanism to prevent it from becoming the victim of an unwanted take…

Calgary-based Varna Gold (ASE) says a 3,000-ft. drill program got under way recently at the company’s Ming’s Bight joint venture in Newfoundland. As part of a plan to earn a 70% stake in the project, …

Some substantial gains were made during the week ended Jan. 16 by three Alberta issues which haven’t been among the most active traders lately. During the week, Zenmac Zinc added an impressive 58 cent…

Gold contained in reserves at the American Mine property owned by BMR Gold (ASE) total 135,000 oz. Incorrect figures were reported in a previous story on BMR (T.N.M., Dec. 11/89).

Your paper has printed several articles about Platinova Resources’ activity in Greenland. Last March you also noted the association of Platinova with Deni son Mines regarding a project to dredge fin…

Despite a dramatic drop in activity in the junior resource sector in Nova Scotia since the heyday of flow-through shares, exploration is continuing, mostly by majors and the few juniors which have man…