We watch with dismay as the Canadian government continues to dump its gold reserves on the world market at a time when low metal prices are threatening the economic viability of numerous gold mines an…
It seems that any significant mineral discovery inevitably results in some sort of lawsuit. “If your project is so good, how come you haven’t been sued?” shareholders ask companies that avoid the cour…
The headline of your article “Hemlo will fund Moss Lake work” (T.N.M., Aug. 24/92) leaves the reader with the understanding that Hemlo Gold Mines will provide Central Crude with the monies needed. Thi…
During the past several months, I have enjoyed reading the news and activities on the exciting diamond front in the Northwest Territories. I do question, however, The Northern Miner’s role in fuelling…
Alexander Daniel (Danny) Hellens, a consulting mining engineer who cut his teeth in the business in Ontario’s Cobalt silver camp, died recently in Toronto. He was 81. Born in Elk Lake, Ont., in 1911, …
All was quiet on the eastern stock markets during the week ended Aug. 25 with investors taking time out to bask in the first spell of sunny, hot weather to descend on central Canada all summer. The To…
Week’s Price (US) Change Gold* $340.35 + $1.75 Silver* $ 3.65 – $0.15 Platinum* $349.50 + $1.75 Nickel** $ 3.30 + $0.04 Lead** $ 0.30 + $0.01 Copper $ 1.14 – $0.02 Zinc $ 0.63 + $0.01 Courtesy of Scot…
ALUMINUM: MW U.S. market US59.75-60.50 cents per lb. (Aug. 13, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Semi-monthly reports as of August 15, showed 27,940,927 shares of 578 issues compared with 29,588,606 shares of 560 issues on July 31. Larger individual positions included: Aber Res. 108,800, up 45,40…
Golden Star Resources (TSE) insider Robert Friedland is poised to profit from a rally that has pushed the junior’s share price to a 52-week high of $4.40 recently. In two private transactions executed…
Already active on a copper project in the Yukon, Western Copper Holdings (VSE) recently optioned a California copper project with a preliminary reserve estimate of 12.5 million tons grading 0.55% copp…
After over a year-long search for a major project, Pacific Sentinel Gold (VSE) announced it plans to merge with Big Creek Resources (VSE). The companies expect to merge on a one-for-one basis subject …
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