NEVADA SPECIAL — Golden Chief to drill Atlanta
Junior Golden Chief Resources (GCF-V) will drill eight holes on its Atlanta gold property, along the southern extension of Nevada’s Carlin trend.The past-producing gold-silver property will be tested …
Articles by Northern Miner Staff
NEVADA SPECIAL — Paradise regained as Arimetco prepares for gold production
Gold production is about to begin again at Nevada’s Paradise Peak mine. The new owner, Arimetco International (ARX-T), acquired the operation in 1995 from FMC Gold (FGL-N).Arimetco has contoured the h…
NEVADA SPECIAL — Nevada is experiencing second mining renaissance
Few states have as rich a mining heritage as Nevada, which is sometimes called “The Silver State”.Mining there has been around longer than the state itself and was Nevada’s first industry, with the Co…
NEVADA SPECIAL — Battle Mountain complex transformed
In Nevada’s Battle Mountain complex, Battle Mountain Gold (BMG-N) has transformed the Reona mine into a 100% run-of-mine, heap-leach facility.Battle Mountain expects to achieve lower processing costs …
Index (June 03, 1996)
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New Goldcore raises financing
A $920,000 flow-through offering at 60 cents per share is in progress, reports New Goldcore Ventures (NGV-M).The company plans to use the funds to continue exploring its five gold and base metal prope…
BOOK REVIEW — Book focuses on mining royalties between private parties
The legal complexity of mining royalties is unraveled in a new book, Mining Royalties Between Private Parties, published by the Centre for Resource Studies at Queen’s University.Author Karl J.C. Harri…
DIAMOND PAGE — Major General searches Greenland
Although its original target in Greenland was base metals, Major General Resources (MGJ-V) is turning up heavy minerals, which indicates potential for kimberlite discoveries.In the autumn of 1995, the…
GREATEST VALUE TRADED, May 22-28
Val($000s) High Low ChangeBRE-X Mnrls T295822$28.6522.3526.10 +2.70 .Arequipa Res T183539$34.7519.2032.65+12.50 .Diamond Flds T111220$40.0538.2539.95+0.25 .Cameco Corp T93879$6…
STOCK MARKETS — Juniors dominate drifting market
The Toronto Stock Exchange settled lower last week, supporting the view that the markets are fully valued. The TSE 300 composite index was down 18.94 points (0.4%) over the period May 22-28, closing a…
TSE Short Positions (June 03, 1996)
Short positions outstanding at May 15, 1996Larger individual positions included: Abacan 131,600; Barrick Gold 4,690,913; Agnico-Eagle 450,968; Algoma Steel 233,223; Adex Mining 345,000; Asia Pacific 1…
Gold Funds (June 03, 1996)
Gold Funds as of May 23, 1996BGRCentral.Net Value$25.95$6.72 .Price $19.60$7.000 .Discount24.46%4.2% .Value$202,855,000$126,695,100 .