Geologists study Purcell Basin
Details have been made available of a geological symposium held in Whitefish, Mont. last summer. More than 100 geologists convened at the northwestern lake resort to share information on exploration o…
Articles by Northern Miner Staff
Zappa prepares for Enriquez drilling
With its share price pushing new highs, Zappa Resources (VSE) is preparing to test three bulk-tonnage gold targets within its concession in the Ponce Enriquez district of Ecuador. Zappa acquired the p…
NEWS ROUNDUP — Caribgold adds to Cuban holdings
CDN-listed Caribgold Resources has been granted prospecting and exploration rights to 2,000 sq. km in east-central Cuba. The agreement was reached with Geominera S.A., a Cuban state company, and is ex…
Musto warms to MIM offer, sues Metall Mining
Proving that hostile takeovers are just that, International Musto Explorations (TSE) has served notice it will proceed with legal action against Metall Mining (TSE) and Metall’s financial adviser, McL…
Pegasus snaps up El Condor
The proposed merger of El Condor Resources (VSE) into Pegasus Gold (TSE) would put a fresh feather in the cap of the Robert Hunter-Robert Dickinson team. Pegasus plans to offer $7.50 (payable in commo…
Barrick continues its record pace
American Barrick Resources (TSE) has reported record production, earnings and cash flow for the eighth consecutive year. The Toronto-based company increased reserves in 1993 by 20%, adding 5 million o…
Preliminary Boleo tests prove positive
Partners International Curator (VSE) and Coeur d’Alene Mines (NYSE) are encouraged by preliminary metallurgical results from the Boleo property in Baja California, Mexico. Coeur d’Alene can earn a hal…
EDITORIAL PAGE — Matkin and the market
On the face of it, it’s odd that the Vancouver Stock Exchange should be scrutinized by a government-appointed commission in the very year it posts all-time records for both volume and value ($6.7 bill…
STOCK MARKETS — Gold and Silver Index adds to TSE’s
The Toronto Stock Exchange just keeps galloping along. January was the most active month ever, with 1.6 billion shares worth $19.8 billion changing hands. For six days, the daily value topped $1 billi…
Spot prices at a glance (February 07, 1994)
Week’s Price (US) Change Gold* $384.95 + $3.95 Silver* $ 5.28 + $0.20 Platinum* $392.00 + $11.40 Nickel** $ 2.68 + $0.09 Lead** $ 0.23 $0.00 Copper $ 0.86 + $0.03 Zinc $ 0.46 + $0.01 Courtesy of Scoti…
STOCK MARKETS — Yellow metal holds firm as resource index
The tug-of-war between gold sellers and buyers ended the week with the yellow metal holding firm above the US$380-per-oz. level, and even edging up a few dollars to US$384. That helped push the Vancou…
Financing (February 07, 1994)
Aurex Res. — 3.5 million units issuable upon the exercise of 3.5 million special wts, each unit consisting of one common sh and one non-transferable sh purchase wt @ $1 per special wt. Metall Mining …