Corona buys stake in potential zinc mine
By increasing its stake in Conroy Petroleum and Natural Resources to 27.6%, Corona (TSE) is gaining a position in what could be a major lead-zinc producer. Conroy is developing a large, shallow, lead-…
Articles by Northern Miner Staff
U.S. REPORT Aspen option deal
Denver-based Aspen Exploration (NASDAQ) and Great Basin Exploration of Reno, Nev., have signed an agreement to continue exploration work on the Nome gold joint venture near Nome, Alaska. Aspen is oper…
U.S. REPORT Robertson results disappointing
The most recent progress report from Amax Gold (NYSE) on the Robertson project, near Lander cty., NV., owned by Coral Gold (TSE) appears to be somewhat disappointing, with Coral reporting that 10 of t…
Teck loses chance to buy Mexican mine
The Mexican government has sold the Canaea copper mine to a private Mexican/Belgium mining group for $475 million, eliminating Teck’s (TSE) chance to win a piece of the open pit operation. Teck, as pa…
Decline into 21B zone on target at Eskay Creek
The underground exploration program at the Eskay Creek property owned jointly by Prime Resources Group (VSE) and Stikine Resources (VSE) is proceeding as planned, according to Prime. The primary objec…
PEOPLE HALASKA APPOLLO GOLD MINES
Paul Jones resigned as vice-president to resume his international consulting practice.
PEOPLE HECLA MINING
Joe Coors Jr. elected to the board of directors, succeeding Norman Visnes who resigned.
GOLDFUNDS2 (September 03, 1990)
MVP BGR Central Capital Net value $11.17 $6.04 $0.31 Price $9.50 $5.750 $0.21 Discount 14.95% 4.8% 32.3% Value $66,511,470 $96,739,725 N/A…
Toronto Stock Exchange Market quiet as Muscocho, Hemlo Gold table
After experiencing some major gyrations earlier this week, including the biggest 1-day decline since last October, the market settled back into a state of calm, today, Aug. 29. The composite 300 index…
PRODUCER PRICES (September 03, 1990)
ALUMINUM: MW U.S. Market US81.50- 82.50 cents per lb. (Aug. 23, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Aug. 16, 1990). C…
U.S. REPORT Homestake to operate Tonkin Springs
Tonkin Springs, the first commercial scale mill built in North America to incorporate bio-oxidation pretreatment of refractory gold ores, could soon be operated by a new majority owner, Homestake Mini…
NEWS IN BRIEF (September 03, 1990)
Lotus Resources Ltd. (LOT: ASE) has changed its name to Ashgrove Resources Ltd. (ASH: ASE) on a 1-new-for-1-old-share basis. Transfer agent is Montreal Trust.