News


LETTERS TO THE EDITOR — GST article was too biased

I believe that The Northern Miner tries to present both sides of any issue, but the Opinion article “Living with the GST” (T.N.M., Jan. 25/93) is too biased. The writer scandalizes the integrity of Ca…


Correction (March 08, 1993)

Contrary to what appeared in an earlier story (T.N.M., Mar. 1/93), Kalrock Resources (ASE) and a private company controlled by Laurasia Resources (TSE) plan to amalgamate, subject to shareholder and r…


NEWS IN BRIEF (March 08, 1993)

Carolina Gold Resources Ltd. (CJE:VSE) has changed its name to Rutherford Ventures Corp. (RVC:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corpo…


Royal Oak drilling Mirage

A drill program by Royal Oak Mines (TSE) will test a shear-zone target on recently acquired ground covering the southern half of the Yellowknife greenstone belt. The northern portion of the belt hosts…



PRODUCER PRICES (March 08, 1993)

ALUMINUM: MW U.S. market US55-56 cents per lb. (Feb. 25, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 1992). CA…


GOLD FUNDS (March 08, 1993)

Gold Funds as of Mar. 2 BGR Central Net Value $8.75 $4.92 Price $6.88 $4.65 Discount 21.46% 5.5% Value $49,032,000 $78,232,995…


FINANCING (March 08, 1993)

Breckenridge Res. Ltd. — 1,000,000 units @ 65 cents per unit where each unit consists of 1 sh and 2 wts. 2 Series A wts to purchase 1 sh. Plus an over-allotment of 150,000 units @ 60.125 cents per un…


Cominco issue worth $12 million

A $12-million private placement by Cominco (TSE) will provide an cash infusion enabling Cominco Resources International (TSE) to advance projects in Turkey and Chile and meet ongoing requirements of t…


DHK plans drill program for Lac de Gras property

A drilling program is scheduled to get under way by March 15 on DHK Resources’ property in the Lac de Gras area of the Northwest Territories. Using Echo Bay Mine’s winter road camp at Lac de Gras as a…


Union suggests resources committee

A mining committee to manage Ontario’s resources is necessary in light of mine closures such as the recently announced shutdown of the Dona Lake gold mine of Placer Dome (TSE) in northwestern Ontario,…


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