Euro-Nevada Mining
Toronto-based Euro-Nevada Mining (TSE) recently added some royalty interests in the Harker-Holloway gold camp in northern Ontario to a portfolio of royalty assets that already encompasses the Eskay Cr…
Articles by Northern Miner Staff
Minera Rayrock, Battle Mountain in joint venture
A 50-50 joint venture has been formed between Minera Rayrock (TSE) and Battle Mountain Gold (TSE) for the purpose of exploring a number of gold properties in Costa Rica. Initially, Battle Mountain wil…
Denison, Ont. Hydro negotiate new pricing contract for uranium
Officials from Denison Mines (TSE) and Ontario Hydro have begun crucial discussions that will almost certainly lead to a dramatic reduction in the price Hydro is paying for the company’s Elliot Lake, …
GOLD FUNDS (March 04, 1991)
BGR Central Net Value $9.00 $4.98 Price $7.88 $4.700 Discount 12.44% 5.6% Value $53,561,388 $79,074,210…
Armistice ponders rights offering
A rights offering is being considered by Armistice Resources (ME) as a means of clearing up its working capital deficit troubles, President Frank Smeenk told shareholders at the recent annual meeting….
Champ. Bear drills
Champion Bear Resources (ASE) has completed 15 holes on its One Man Lake gold occurrence in the Kenora area of northwestern Ontario. A series of en echelon gold zones varying from 4 to 22 ft. in width…
Environmentalists active in Wisconsin
“It’s tough to do business down here,” says geologist Ted Dematties. “We always tell our clients that even if they do make a viable discovery, there is no guarantee they will ever get it to production…
FINANCING (March 04, 1991)
Sandy Lake Explorations Ltd. – 2,210,000 units consisting of 1 sh and 1 wt offered @ 45 cents per unit, also 400,000 shs offered @ 43 cents per sh. Skeena Resources Limited – 600,000 units consisting …
Drilling extends Yellowjacket
Drilling on the J&L property near Revelstoke, B.C., has extended the strike extent of the recently discovered Yellowjacket zone to at least 200 metres in length. The zone was discovered late last year…
Health and safety issues should be industry focus
It is politically impossible to rein in a bureaucracy of managerial environmentalists” that has overseen expenditures of US$10 billion since 1980 while implementing and administering Superfund progra…
Spot prices at a glance (March 04, 1991)
Week’s Price (US) Change Gold* $360.00 — $ 3.75 Silver* $ 3.61 — $ 0.09 Platinum* $393.50 + $ 5.50 Nickel** $ 3.92 — $ 0.06 Lead** $ 0.27 $ 0.00 Copper{ $ 1.12 — $ 0.01 Zinc{{ $ 0.55 + $ 0.01 Cour…
Sphinx buying into gas well
Societe Miniere Sphinx (VSE) is diversifying into oil and gas. President Michel David said his company has bought (subject to regulatory approval) a 15% interest in a gas recompletion well in Alberta …