Gold Funds (December 28, 1992)
Gold Funds as of Dec. 22 BGR Central Net Value $8.12 $5.18 Price $6.25 $4.60 Discount 23.01% 11.2% Value $46,266,000 $77,391,780…
Articles by Northern Miner Staff
STOCK MARKETS — South American gold projects spark
Bullish reports emerging from Canadian projects in South America, specifically from Venezuela and its neighbor Guyana, sparked investor interest on The Toronto Stock Exchange during the week ended Dec…
More about diamonds (December 28, 1992)
Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. and Alberta After five months of negotiations, DHK Resources — owned equally by Dentonia Resources (V…
Princeton plans Mexican acquisition
A proposed merger with Chutine Resources (VSE) in concert with an agreement with Mexican interests is expected to give Princeton Mining (TSE) a 100% interest in a private Mexican company. The private …
PRODUCER PRICES (December 21, 1992)
ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Prime Equities targets Peace River
Promoter Murray Pezim’s Prime Equities International (VSE) is making a splashy entrance into the diamond exploration business by applying for mineral prospecting permits covering about 4.1 million acr…
Dayton director sells following property deal
Just a few weeks after Dayton Mining (TSE) agreed to vend a 25% interest in its wholly owned Andacollo gold project in Chile for $22.6 million, director Kamel Lazaar sold 20% of his stake in the Vanco…
Cons. Nevada eyes new properties
The objective of Peter Bojtos, president of Consolidated Nevada Goldfields (TSE), is to make his company grow through property acquisitions. Bojtos was in Toronto recently presiding over Consolidated …
Lithoprobe has implications for mineral exploration
Lithoprobe, an integrated geoscience research program created in 1987, is providing new insights into mineral exploration in several mining camps in the Abitibi greenstone belt in Ontario and Quebec. …
Encouraging assays from South Pipeline
Encouraging assay results were released by Royal Gold (NASDAQ) from the South Pipeline gold project in Nevada. The Denver-based company owns a 20% net profits interest in the property where a deeper h…
NEWS ROUNDUP — Beauchamps drills Quebec property
Drilling has commenced on Beauchamps Exploration’s (VSE) 87-claim Verneuil Twp. gold property just east of Lebel-sur-Quevillon, Que. In October, gold mineralization was discovered in a new pyrite-bear…
Inco to meet with union on underground proposal
Nickel giant Inco (TSE) will meet with union officials at its Sudbury, Ont., operations on Jan. 4 to discuss a proposal that would shift 85 unionized and non-unionized office workers into underground …