GOLD FUNDS (April 27, 1992)
BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…
Articles by Northern Miner Staff
Yellowjack drills Katie claims
An exploration program by Yellowjack Resources (VSE) is under way to test several previously outlined copper-gold zones on the Katie claims near Salmo, in southern British Columbia. The first hole of …
Old style preferred
The new stock market format is terrible. The market age with each exchange was always great reading; everything is lost in the new format.
Juniors taking hard look at Guyanese scene
A decision by the Guyanese government to sell nationalized industries back to the private sector in a bid to stimulate economic growth appears to have renewed the interest of Canadian juniors in that …
Dowa to joint venture Tizapa project
Dowa Mining is set to develop its first commercial mining project outside Japan after a $32 million bid for the Tizapa polymetallic project in Mexico was accepted by the Mexican government. A world le…
Copper smelter `bottleneck’ likely to continue
Arizona-based Magma Copper (NYSE) plans to increase its smelter capacity by up to 20% to take advantage of a growing worldwide “smelter bottleneck,” vice-president Bradford Mills told the Toronto Soci…
New stamp marks GSC birthday
Marking the 150th anniversary of the Geological Survey of Canada (GSC), Canada Post is issuing a series of commemorative stamps depicting this country’s leading minerals. Five in all, they will featur…
EDITORIAL PAGE (April 20, 1992)
Strategic alliances are nothing new. A business combination of any sort — a joint venture, a merger, a partnership — could be described as such. But in current use, the term has come to mean a commo…
Gold production falls at Bell, Williams mines
Gold production at the David Bell mine at Hemlo, Ont,. is expected to drop to 256,000 oz. this year from 283,128 oz. in 1991, Teck (TSE) says in its 1991 annual report. The mine reached its peak in 19…
Staking active near Kirkland Lake
The discovery of eight microdiamonds on Sudbury Contact Mines’ (TSE) Diamond Lake project east of Kirkland Lake, Ont., has sparked a staking rush in the area. Although it is too early to determine the…
GSC marks 150th year
The Geological Survey of Canada (GSC) celebrated its 150th anniversary on April 14 and to mark the event, activities are scheduled to take place across the country throughout the year. Exhibits will b…
Lac de Gras rush outdoes Hemlo as continent’s largest
A diamond discovery in the Northwest Territories by Dia Met Minerals (VSE) and BHP-Utah Mines has touched off what is probably the largest staking rush in North American history, says Yellowknife mini…