Gold Funds (June 07, 1993)
BGR Central Net Value $12.49 $5.89 Price $11.50 $6.375 Discount 7.95% 8.2% Value $69,978,000 $107,254,913…
Articles by Northern Miner Staff
Cons. Nevada reports loss as mine expansion proceeds
Gold sales for Consolidated Nevada Goldfields (TSE) during the nine months ended March 31, totaled 18,294 oz. at an average price of US$384 per oz. Despite the premium to spot prices which averaged ab…
Toronto Stock Exchange Indices (June 07, 1993)
— Week — Jun 1 May 31 May 28 May 27 May 26 High Low Composite”300″ 3856.87 3882.68 3866.44 3869.72 3865.17 3883.42 3854.32 Metals&Minerals 2907.15 2952.02 2937.53 2944.09 2927.40 2952.02 2907.15 Int…
Silver demand rises in key regions
Demand for silver exceeded total new supply by 88.6 million oz. in 1992, the third consecutive year the market has been in a net deficit position, according to a survey released today by the Washingto…
LETTERS TO THE EDITOR — India welcomes Canadian miners
I was recently in India visiting mining establishments under the auspices of the United Nations Development Program (UNDP). Canadian mining companies and entrepreneurs will be interested in the econom…
OBITUARY — C.W. Pegg
Charles William Pegg, a well-known exploration geologist who helped find several orebodies in Canada, died recently at age 67. Mr. Pegg was credited with locating the Mobrun deposit near Rouyn/Noranda…
NEWS IN BRIEF (June 07, 1993)
Akiko-Lori Gold Resources (AKI:VSE) and Omega Gold Corp. (OGC:VSE) have amalgamated to form Akiko Gold Resources Ltd. (AKI:VSE) with a consolidation of capital as follows. Shareholders of Akiko-Lori r…
Metrology study
Metrology in Mining and Metallurgy 1: Precision and Bias for Mass Measurement Techniques, published by Matrix Consultants, Box 697, Station A, Vancouver, B.C. Metrology, the science of measurement, de…
OBITURARY — J.A. Sauerbrei
A director of exploration with Inco Exploration and Technical Services, John Allan Sauerbrei, died recently of cancer in Sudbury, Ont. He was 55. The Queen’s University graduate (with a B.Sc. and M.Sc…
DIAMOND PAGE — Tan Range and Naxos
Tan Range Exploration (ASE) says diamond-washing equipment is on its way to Tanzania in preparation for grade evaluation of the company’s concessions in the northern part of the country. The Vancouver…
STOCK MARKETS — Asbestos Corp. soars as court rejects Quebec
Investors of Asbestos Corp had reason to rejoice during the week ended June 1 as the stock skyrocketed to $48 for a gain of $24.50. The battle by Asbestos Corp’s minority shareholders to win a fair he…
STOCK MARKETS — Western markets advance despite gold’s
Although gold pulled back from the US$380 level, dropping almost US$10 in a single day to the US$370 level, Western markets continued their advance. The Vancouver Stock Exchange resource index gained …