News

Trader shares reach high as Swiss group takes over

Trader Resources (TSE) is looking for ways to fund exploration at the Ronnoco Gold Mines (COATS) property near Timmins, Ont., after reaching a proposed out-of -court settlement with the company that u…


letter to the editor

The article you had on the front page of The Northern Miner of Aug 21 concerning Global Platinum and Gold (Arizona mineral sands — big claim s, little verific ation) does not do justice to the shareh…


News in Brief (September 18, 1989)

Mt. Calvery Resources has changed its name to Triumph Resources Ltd. (TUM:VSE) on a 1-new-for-4-old share basis. Transfer agent is Central Guaranty Trust Co.



Correction (September 18, 1989)

Northgate Exploration (TSE) is not the guarantor of a $90-million project loan advanced by the Bank of America Canada for Neptune Resources’ (TSE) Colomac project (N.M., Sept 11/89). The non- recourse…


Australian speaker at CIM luncheon

Ross Thomas will be the guest speaker at the Canadian Institute of Mining and Metallurgy on Sept 21. The luncheon meeting, scheduled for 12.30 p.m., will be at the Upper Canada Room, Royal York Hotel….


Corona to lend Prime $20 million

Gold producer Corona Corp. (TSE) has agreed in principle to lend Prime Resources (VSE) $20 million repayable in one year. The loan is subject to drafting of formal documentation and approvals by the b…


Toronto Stock Exchange Indices (September 18, 1989)

1989 Sept 12Sept 11Sept 8Sept 7Sept 6HIGH LOW Composite “300” 3927.513926.273962.473963.213971.284019.623353.13 Metals & Minerals 3739.713735.513791.163807.753815.103919.203207.50 Integrated mines 392…


American Gold Minerals exploring Siskon mine

Recent drilling by American Gold Minerals has detected extensions along strike and at depth to gold zones of the past-producing Siskon mine in northern California. American Gold is a privately held De…



Gold funds as of Sept 12

MVP BGR Central Capital Net value $11.41 $ 5.85 $0.58 Price $10.00 $ 5.75 $0.29 Discount 1.12% — 1.7% 50% Value $67,937,730 $98,403,959 N/A…


Fatal accident at Windy Craggy

An underground accident at the Windy Craggy exploration site in northwestern British Columbia has killed an employee of Main Street Mining, the Whitehorse-based mining contractor for Geddes Resources….


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