Articles by Northern Miner Staff


Dundee selling Poco interest

Net proceeds from the sale of its 33% interest in oil producer Poco Petroleums should be about $29 million, Dundee Bancorp (TSE) says. Dundee is a major shareholder in International Corona (TSE), whic…


Quebec juniors find financing is scarce

While the outlook for mining in Quebec this year is bleak, the long-term future of mining exploration in Quebec remains promising, says Michel Bouchard, president of the Association des Prospecteurs d…





Stock Markets (June 08, 1992)

Both the Vancouver Stock Exchange resource and composite indices continued to gain ground during the week ended June 2 with diamond exploration remaining the “special of the week”. The composite index…


METAL PRICES (June 08, 1992)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…


Rio gets Chilean mine financing

Toronto-based resource giant Rio Algom (TSE) has made the necessary arrangements for a US$180-million financing package needed to develop the Cerro Colorado copper mine in northern Chile. After an ini…


Greenstone sued over the death of Colombian

A recent statement of claim in the Ontario court, general division, related to the death more than two years ago of a Colombian geologist who worked at the small Oronorte gold mine in Colombia, owned …


Mine closures lower Corona production

A total of 169,359 oz. gold and gold equivalent was produced to the account of International Corona (TSE) during the first three months of this year, about 10,000 oz. lower than in the year-earlier pe…


GOLD FUNDS (June 08, 1992)

BGR Central Net Value $7.93 $5.07 Price $6.25 $4.60 Discount 21.16% 9.30% Value $47,200,000 $77,391,780…


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