Articles by Northern Miner Staff

Toronto-based Agnico-Eagle Mines (TSE) will buy 843,000 shares of Sudbury Contact Mines (TSE) from affiliated holding company Mentor Exploration and Development (TSE).As consideration for the purchase…

Junior Canadian Golden Dragon (VSE) will acquire 200,000 shares of Glimmer Resources (VSE) priced at $1 per share.The funds raised will be added to Glimmer’s working capital and fund a preliminary fea…

The Trenton Canyon gold project of Santa Fe Pacific Gold (TSE) will undergo development.Situated 11 miles south of the company’s Lone Tree gold mine in northwestern Nevada, Trenton Canyon has yet to r…

The oxide resources of the Tonkin Springs project in central Nevada are 4 million tons averaging 0.033 oz. gold per ton. Incorrect figures appeared in our June 5 issue.The project is being examined by…

Soil results from a property in southwestern Zimbabwe have junior Trillion Resources (TSE) thinking diamonds.Soil sampling on the Sansukwe Exclusive Prospecting Order (EPO 790), which Trillion operate…

Talks of mergers and acquisitions by resource-sector companies and others helped the TSE 300 composite climb for the fourth week in a row. Over the 5-day report period ended June 6, the TSE 300 compos…

Short positions outstanding at May 15, 1995.Larger individual positions included: Aber Res. 48,500; Agnico-Eagle 108,080; Asia Pacific 75,000; Baja Gold 71,500; Bema Gold 1,047,100; Breakwater 287,800…

The University of Toronto has bestowed an honorary degree on renowned mining executive Peter Munk.The chairman and chief executive officer of Barrick Gold was awarded an honorary doctorate of law duri…

Wednesday, June 7Week’sPrice (US)ChangeGold*$384.65+$0.40Silver*$5.34+$0.04Platinum*$432.15-$1.95Nickel**$3.51+$0.10Lead**$0.27-$0.01Copper $1.30+$0.01Zinca$0.45-$0.01…

An initial drilling program is under way at the Golden Hill project, situated within the 2,000-sq.-km Florencia-Jobabo concession near Camaguey, Cuba.Partners Mill City Gold Mining (VSE) and MacDonald…

This month, Kennecott Canada is expected to decide if it will proceed with an underground bulk-sampling program on the A-154 South kimberlite in the Lac de Gras region of the Northwest Territories. Th…

The planned acquisition of Royal Dutch/Shell’s one-third interest in the Collahuasi copper project has been completed by Falconbridge (TSE) and Minorco.As a result of the purchase, Falconbridge and Mi…