Price of gold is following downward trend
The recent drop in the gold price to $345.50, a 4-year low, is part of an overall decline in the value of the metal, some analysts suggest. Although gold had picked up to $347 recently as investors to…
Articles by Northern Miner Staff
Juniors need `fair taxation’ to meet exploration targets
The British Columbia and Yukon chamber of Mines has been monitoring mineral exploration expenditures in British Columbia and the Yukon for at least 30 years. During this period, metal exploration expe…
News in brief Agincourt Explorations
Agincourt Explorations Inc. (AGX:VSE) has changed its registrar and transfer agent to Pacific Corporation Services.
Toronto Stock Exchange Indices (June 25, 1990)
June 19 June 18 June 15 June 14 June 13 HIGH LOW Composite “300” 3529.05 3519.85 3569.09 3577.11 3605.71 4009.47 3334.13 Metals & Minerals 3181.04 3183.21 3217.65 3229.20 3250.72 3453.06 2850.84 Integ…
North Lily to drill
A trenching program on the Nine Mile property has prompted owners North Lily Mining (NASDAQ) to proceed with a drilling program. The trenching program tested a 4,400-ft. long east-west trending fault …
BRIEFS Cal Graphite split
Cal Graphite (VSE) recently received shareholder approval for a split of its shares on a 2-for-3 basis. Subject to VSE approval, the company has set June 29 as the record date of the stock split. Cal …
Shareholders seek to oust management of Seven Mile High
A shareholders’ committee representing over 50% of the issued shares of Seven Mile High Group (VSE) recently launched a public campaign to remove most of the company’s management team. Seven Mile is a…
Gem Safari planned for `Down Under’
A Vancouver mining engineer and gemmologist will lead a tour of Australia for hunters on the trail of opals, sapphires and other gems. Led by Ron Stokes, the opal and gem safari will run from late Oct…
News in Brief Repadre Resources
Repadre Resources has changed its name to Repadre Capital Corp. (RPD:VSE) on a share-for-share basis. Transfer agent is Pacific Corporate Services Ltd.
Dynamic changes
Shareholders of investment management company Dynamic Capital Corp. recently approved a name change to Dundee Capital Corp. and a reorganization of the share capital. Each holder of common or subordin…
Canchrome uncovers chromite values
Recently completing drilling programs on two chromite properties in Quebec’s Eastern Twps. was Canchrome Mines. On the Reed Belanger property, 22 holes representing 6,425 metres were drilled. The comp…
FINANCING (June 25, 1990)
VANCOUVER Beauchamps Expl — 600,000 sold for gross $360,000. Link Res — rt exerc on 180,000 @ 52 cents per sh. Omega Gold — 1,000,000 sold for gross $810,000. Waterford Res — rt exerc on 200,000 @…