Ramrod options Elmore property
An option deal with Consolidated Ramrod Gold (TSE) will provide funds for further work on the Elmore property of Atlanta Gold (TSE). Ramrod can earn a 51% interest in the Idaho property by spending US…
Articles by Northern Miner Staff
PRODUCER PRICES (November 22, 1993)
ALUMINUM: MW U.S. market US49.5-50.5 cents per lb. (Nov. 11, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
STOCK MARKETS — Markets bide time during diamond news lull
With limited news on both the gold and diamond fronts, western markets closed little-changed at the end of our reporting period (Nov. 16). The Vancouver Stock Exchange composite index edged up just ov…
COMMENTARY — Chile poses problems, but still attractive
As a member of the Canadian exploration fraternity and staunch supporter of mining in Canada, I often wondered why everyone was endeavoring to learn Spanish and heading for southern climes. Well, havi…
Golden News options Mexican copper company
Golden News Resources (VSE) has the right to acquire Minera Sanex, a Mexican copper company owned 51% by private individuals and 49% by Chutine Resources (VSE). Minera Sanex owns the San Antonio group…
LAST BUT NOT LEAST…Romeo and Juliet spark interest
Sampling at the Romeo and Juliet gold zones, near Baie Verte, Nfld., has returned high-grade values for NovaGold Resources (TSE). Grab samples from the property, 1,200 metres northwest of the Pine Cov…
PEOPLE — DENTONIA RESOURCES (November 22, 1993)
James McInnes appointed director. N5…
LAST BUT NOT LEAST…Tri Origin completes holes at Lewis
Three holes totaling 1,765 metres have been completed on the Lewis Ponds polymetallic property in New South Wales, Australia. And additional drilling is planned. The holes were drilled to determine th…
Greenstone set to merge with Fischer-Watt Gold
Assets of Nevada-based Fischer-Watt Gold (NASDAQ) are being acquired by a wholly owned U.S. subsidiary of Greenstone Resources (TSE). Proposed is that four issued and outstanding shares of Fischer-Wat…
TSE Short Positions (November 15, 1993)
Semi-monthly reports as of Oct 31, showed 76,776,043 shares of 792 issues compared with 73,370,624 shares of 797 issues on Oct 15. Larger individual positions included: Aber 124,200; Agnico-Eagle 249,…
Cominco bleeding red ink due to base metal price slump
Cominco (TSE) reported a net loss of $123.3 million for the first nine months of the year, compared with a profit of $65 million for the same period in 1992. The red ink was mainly attributed to low b…
Investing in minor metals? Buyer beware
We continue to hear from investors who own small amounts of highly pure indium and germanium, purchased over the past few years at prices up to US$70-80 per oz. Reuters recently reported that indium i…