Special meeting of Breakwater set for April 10
Shareholders of Breakwater Resources (TSE) will be meeting April 10 to consider various matters related to the company’s proposed debt restructuring. Earlier this year, Breakwater management negotiate…
Articles by Northern Miner Staff
Red Rock drills confirm Mexican project reserves (April 06, 1992)
Private Australian company Walhalla Mining and 63%-owned Red Rock Mining (VSE) are set to pick up where Terra Mines left off by putting the Amelia gold project in Mexico back into production. Three ye…
Foreign opportunities downplayed at PDAC
This year’s annual convention of the Prospectors and Developers Association of Canada attracted about 1,500 delegates and 800 exhibitors but the general mood seemed anything but upbeat. The convention…
Sudbury Contact price jumps with diamond find at Kirkland Lake
Shares of Sudbury Contact Mines (TSE) jumped from 37 cents to 56 cents recently after the company announced the discovery of eight microdiamonds (diamonds with a diameter of less than 0.45 millimetres…
Ottawa seeks more details from Curragh
The federal government will not make a decision on Curragh Resources’ (TSE) recent request for a loan guarantee until the Toronto zinc-lead miner provides more justification as to why it needs support…
Toronto Stock Exchange (April 06, 1992)
Taking their cue from Teck (TSE) and its chairman, Norman Keevil, investors moved into the market during the week ended March 31 to buy up shares of Aur Resources. Teck has shown confidence in Aur by …
Unlisted Trading (April 06, 1992)
After trading in the 50-70 cents range on strong volume, Canmine Resources closed unchanged at 50 cents for the week ended March 31. Two additional holes on the company’s FER property in northern Mani…
FUTURES PRICES (April 06, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 101.70 101.20 101.65 + 0.15 May 101.70 101.10 101.65 + 0.25 Jul 101.15 100.80 101.10 + 0.10 SILVER (in US cen…
Netolitzky expects 25% jump in Brewery Creek reserves
Ongoing exploration at the Brewery Creek project near Dawson City, Yukon, could increase the property’s reserve base by as much as 25%, says Ron Netolitzky, director of Loki Gold (VSE). Speaking at a …
Conversion boosts Jordex position
A partnership controlled by Brian Hinchcliffe, the president of Jordex Resources (VSE), and the Ampac Group increased its position in Jordex to more than 2 million shares, or about 21% of the company….
GOLD FUNDS (April 06, 1992)
BGR Central Net Value $7.81 $5.06 Price $7.38 $4.450 Discount 5.62% 12.1 Value $46,524,000 $74,868,135…
Acheron, Jordex plan drilling (April 06, 1992)
A 12-hole, 6,000-ft. drilling program is expected to begin shortly on the Wan property on northern Vancouver Island. Jordex Resources (VSE) will complete a 55% earn-in on the property from Acheron Res…