Dickenson reschedules gold loan
Toronto-based Dickenson Mines (TSE) says the lender of its 61,200 oz. gold loan has agreed to reschedule the loan repayment to six equal semi-annual instalments beginning Jan. 15, 1993. Dickenson says…
Articles by Northern Miner Staff
Alberta Stock Exchange Monk gains 12 cents
After almost doubling in price since the week before Christmas, Monk Gold & Resources moved up another 12 cents during the week ended Jan. 21 to close at a 52-week high of 57 cents. The company has ex…
NEWS IN BRIEF (January 27, 1992)
Oregon Resources Corp. (ORE:VSE) has changed its name to International Oregon Resources Corp. (IOR:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Central …
NEWS ROUNDUP (January 27, 1992)
A recently signed agreement between Mountain Lake Resources (VSE) and Minnova (TSE) calls for further exploration on a 175-claim property in Ben Nevis Twp., north of Larder Lake, Ont. In order to earn…
Proposal would limit arsenical dust exposure
Arsenic’s toxic nature had been known for centuries but it wasn’t until mid-Victorian times that its virulence came to be universally recognized. The mineral somehow found its way into the working man…
Western Mining in major search for ore reserves
Exploration near its producing properties has the highest priority in fiscal 1991-92 for large Australian mining company Western Mining Corporation Holdings. “Half of the exploration expenditure this …
EDITORIAL PAGE (January 27, 1992)
Ontario Hydro’s reversal on plans for nuclear power generation over the next 25 years is a shameful twisting of the provincial Crown corporation’s mandate for political purposes. The utility’s recent …
TSE Short Positions (January 27, 1992)
Semi-monthly reports as of January 15, showed 20,679,088 shares of 600 issues compared with 22,923,428 shares of 572 issues on December 31. Larger individual positions included: Amax Gold 39,431, down…
Gold values intersected at Newton
Trenching on the Newton property southwest of Williams Lake, B.C., returned a number of gold values for joint venture partners Verdstone Gold (VSE) and Rea Gold (TSE). The property is about 24 miles n…
ME performance improves in 1991
The mining and minerals index of the Montreal Exchange gained by 3.5% in 1991, according to statistics released by the ME. The general market portfolio index performed even better, closing ahead on th…
Cominco options Kutcho deposit
While it’s no secret Cominco (TSE) has been eyeing offshore mining opportunities, the Vancouver-based major is also looking in its own backyard for projects with mine-making potential. This company re…
CIM conference focuses on risk
Battle Mountain Gold (TSE) expects to secure financing for the development of its Kori Kollo gold property in Bolivia by the end of the first quarter, says Chairman Karl Elers, a speaker at the sevent…