EMR grants
Research grants totalling $2 million will be used to support resource-related projects for 1992-93. This funding comes from the federal Department of Energy, Mines and Resources (EMR) and the Natural …
News
San Andreas plans winter drilling
With the release of additional high-grade lead-zinc-silver values at its Prairie Creek property 300 miles west of Yellowknife, N.W.T., San Andreas Resources (VSE) announced plans to continue drilling …
Coal association cancels meeting
The coal industry is in such turmoil, the Calgary-based Coal Association of Canada has cancelled its Industry Outlook Symposium for October. A key speaker dropped out when his mining company failed an…
LETTERS TO THE EDITOR — Defending `penny dreadfuls’
M.R. Brown’s recent column “Warding off `penny dreadfuls,'” (T.N.M., Sept. 14/92) contains many unfounded comments which we find disturbing. It is most difficult to understand how The Northern Miner, …
OBITUARY: Arthur White financed juniors
Popular mining promoter, financier and executive Arthur W. White, who coined the risk capital phrase and raised many millions of dollars which he spent judiciously, died after a lengthy illness. He wa…
STOCK MARKETS — Commonwealth issue gains on northern
Diamond exploration continues to generate investor interest on western markets. During the week ended Sept. 29, the Vancouver Stock Exchange resource index managed a 13.23-point gain to 572.30, while …
Spot prices at a glance (October 05, 1992)
Week’s Price (US) Change Gold* $349.00 + $0.10 Silver* $ 3.77 – $0.07 Platinum* $367.50 + $3.25 Nickel** $ 3.03 – $0.06 Lead** $ 0.27 $0.00 Copper $ 1.06 – $0.02 Zinc $ 0.58 – $0.03 Courtesy of Scotia…
Metalore banking on appeal of 1990 Brookbank decision
Almost two years after an Ontario court awarded the Brookbank gold property near Beardmore, Ont., to Ontex Resources (ASE), President George Chilian of Metalore Resources (TSE) says he is sure his sha…
Calcium carbonate deposit in Ontario interests Eastern
An agreement to acquire a calcium carbonate deposit near Tweed, Ont., has been negotiated by Eastern Stone Products (ASE). The company says sampling indicates a high degree of purity and brightness an…
TORONTO STOCK EXCHANGE INDICES (October 05, 1992)
Sept.29 Sept.28 Sept.25 Sept.24 Sept.23 High Low Composite”300″3367.99 3385.49 3410.61 3404.36 3402.82 4009.47 3009.91 Metals&Minerals 2884.10 2895.67 2922.04 2914.57 2900.21 3453.06 2502.63 Integrate…
TSE SHORT POSITIONS (October 05, 1992)
Semi-monthly reports as of September 15, showed 28,383,779 shares of 566 issues compared with 30,372,811 shares of 582 issues on August 31. Larger individual positions included: Aber Res. 72,300; Amer…
U.S. REPORT — Pegasus plans share issue
Western U.S. gold producer Pegasus Gold (TSE) recently reached an agreement with brokers Burns Fry, Nesbitt Thomson, Goldman Sachs and Bunting Warburg for a secondary issue of 3.25 million common shar…