After 29 years of operation, the Camflo gold mine in northwestern Quebec is about to hoist its last load of ore. In October, 1963, the first bench of Camflo’s main shaft was blasted. Toward the end of…
The Giant mine resumed operation Sept. 25 after Royal Oak Mines (TSE) received approval to reopen from the Northwest Territories mine safety inspector. The company expected to achieve full production …
A numbered company has agreed to a private placement of up to one million units of Aronos Multinational (CDN). The numbered company has agreed to purchase a minimum of 500,000 units, each of which con…
Denver-based Newmont Mining (NYSE) has acquired the mining rights to two properties owned by Atlas Gold (NYSE). They are the Grassy Mountain property in Malheur Cty., Ore., and the Musgrove Creek prop…
Denver-based Consolidated Nevada Goldfields (TSE) increased its production and lowered its costs during the fiscal year ended June 30. Production from its two gold mines reached 28,132 oz. in 1992, up…
A placement of 600,000 units at 23 cents each has been announced by Garden Lake Resources (VSE). Each unit consists of one common share and one-half warrant. Redemption of one warrant plus 30 cents on…
Mt. Grant Mines (VSE) reports the successful completion of a private placement of 500,000 units grossing $750,000. Brokerage house Yorkton Securities was paid a 7% commission consisting of 35,000 unit…
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, …
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…
David Jackson appointed vice-president, corporate finance.
Larry Bell will act as interim chairman.
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 …
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