Articles by Northern Miner Staff


Charlim financing

A private placement of 3.3 million flow-through shares by Charlim Explorations (VSE) will allow the company to fund exploration on mineral prospects in Ontario and Quebec. The placement was completed …


People (November 13, 1989)

PIONEER METALS — The new board of directors consists of Stephen Sorenson, chairman; Dr Stewart Blusson, vice-president, exploration; and Wayne Smith.


Esperanza revises Tillicum reserves

This season’s drilling by Esperanza Explorations (VSE) on its 100%-owned Tillicum Mountain property near Nelson, B.C., has resulted in a revision of reserves. The East Ridge zone is now reported to co…


Westfield’s sale of Chilean mine draws criticism

Some minority shareholders of Westfield Minerals (TSE) are unhappy with a recent transaction in which all of the company’s mining assets were transferred to a wholly owned Northgate Exploration (TSE) …


Hope Brook loss

The Hope Brook gold mine in Newfoundland continues to operate at a loss, owner Hope Brook Gold (TSE) says. For the third quarter ended Sept 30, Hope Brook lost $3.9 million or 13 cents per share. Alt…


Exchanges limit super-voting’ shares

Canadian stock exchanges have adopted measures designed to limit the sprea of multi-vote shares, which are often used by company insiders to sell shares without losing control of the company. Starting…


Cominco increases stake in smelter

A wholly owned subsidiary of Cominco Ltd. (TSE), Cominco American, has purchased a 50% interest in the Glenbrook nickel smelter from USA Investments. The Glenbrook nickel smelter is in Riddle, Ore. It…


Dejour, Quill merger

Dejour Mines (TSE) plans to merge with privately owned Quill Resources. Dejour will issue 12 million treasury shares to Quill’s shareholders in a reverse takeover that will give control of Dejour to Q…



News in Brief (November 13, 1989)

Trader Resource (TSE) says it plans to exercise its option to acquire all of the shares of Ronnoco Gold Mines (COATS) held by Broulan Resources (TSE) and a private estate at $1.25 per share. Broulan o…


Bechtel executive named President of Louisiana

Cade Harvard, chairman of Louisiana Mining (ASE), is handing over control of the company to a couple of former Bechtel Corp. engineers who he hopes will turn the company’s southern Nevada gold project…


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