Champion Bear raises drilling fund
Champion Bear Resources (ASE) has raised $605,000 for ongoing drilling at its One Man Lake gold-base metal prospect near Kenora, Ont. The company raised the funds by selling flow-through common shares…
Articles by Northern Miner Staff
Alberta Stock Exchange (January 06, 1992)
A quiet holiday week followed a difficult year for mining stocks on the exchange. None of the issues saw more than 100,000 shares change hands for the week ended Dec. 30., while most traded less than …
Sikaman gold to buy placer mine
In keeping with plans to shift its focus toward North America, Sikaman Gold Resources (TSE) is set to purchase and develop the Sol Wood placer gold mine in California as soon as financing is available…
FUTURES PRICES (January 06, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 98.30 97.40 97.70 0.00 Feb 98.20 98.20 98.05 + 0.25 Mar 99.10 98.10 …. SILVER (in US cents per oz.) Jan 385…
Metal Prices (January 06, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 31 Dec 30 Dec 27 Dec 26 Dec 25 Copper NA 1165-1166 NA NA NA Lead NA 295-296 NA N…
Producer Prices (January 06, 1992)
ALUMINUM: MW U.S. market US50.75-51.25 cents per lb. (Dec. 19, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
INSIDER TRADING (January 06, 1992)
A number of Sherritt Gordon (TSE) insiders including Curragh Resources (TSE) were actively buying and selling shares of the Toronto-based nickel refiner and fertilizer producer. According to the Ontar…
Electromagnetic techniques help probe at depth
Until recently, a systematic minerals exploration program would include surface mapping and soil sampling, provided the overburden was responsive in the latter case and if there was sufficient rock ex…
Debt settlements profit Pioneer
A gain from the recent settlement of secured and unsecured debt pushed Pioneer Metals (TSE) into the black for the nine months ended Sept. 30. Net earnings for the period were $12.4 million compared t…
Toronto Stock Exchange Indices; Financing
Rome Resources Ltd – 600,000 shs offered @ 37 cents per sh.
Gold Funds (January 06, 1992)
BGR Central Net Value $8.16 $5.01 Price $7.75 $4.400 Discount 4.99% 12.2 Value $48,567,000 $74,026,920…
Reynolds opens mine in Guyana
Reynolds International, a unit of Reynolds Metals (NYSE), and the government of Guyana recently celebrated the startup of their joint enterprise, Aroaima Bauxite. Aroaima hosts more than 25 million to…