letter to the editor
The article you had on the front page of The Northern Miner of Aug 21 concerning Global Platinum and Gold (Arizona mineral sands — big claim s, little verific ation) does not do justice to the shareh…
Articles by Northern Miner Staff
Calpine drill results fail to meet high expectations
The euphoric frenzy of trading activity on The Vancouver Stock Exchange triggered by spectacular drill results from the Eskay Creek project has been tempered by the latest set of assay results release…
Granges set to close Tartan Lake
Closing the problem-plagued and unprofitable Tartan Lake gold mine in Manitoba is likely to be among the first of several initiatives undertaken by Colin Kaiser to place Granges Inc. (TSE) on the road…
News in Brief (September 18, 1989)
Mt. Calvery Resources has changed its name to Triumph Resources Ltd. (TUM:VSE) on a 1-new-for-4-old share basis. Transfer agent is Central Guaranty Trust Co.
Alberta Stock Exchange Trading lacklustre (September 18, 1989)
In a week when trading activity could only be described as lacklustre, what little action there was came from a couple of unlikely sources. Reed Lake Exploration and Dunfrazier Gold are two issues, wh…
Centurion US Page Centurion, Western terminate venture
An agreement involving Centurion Mines (NASDAQ), Western Mining(USA) and its wholly owned subsidiary Grand Central Mining, terminating the Centurion-Western venture in the Tintic mining district of Ut…
Correction (September 18, 1989)
Northgate Exploration (TSE) is not the guarantor of a $90-million project loan advanced by the Bank of America Canada for Neptune Resources’ (TSE) Colomac project (N.M., Sept 11/89). The non- recourse…
Eagle River decline intersects gold zone
A decline has reached its target depth 150 ft underground on the Eagle River joint venture property owned by Central Crude (TSE) and Hemlo Gold Mines (TSE) in the Mishibishu gold camp. Situated 53 mil…
Barrick fails to stifle publicity over control battle ah **
A New York court has dismissed for lack of evidence American Barri ck Resources’ (TSE) recent attempt to stifle an alleged disinformation campaign relating to a lawsuit over the Mercur gold mine in Ut…
Doe Run passes two safety milestones
The Doe Run Company’s southeast Missouri mining and milling division has passed two safety milestones. Earlier this summer, its 516 employees passed one million hours of work — or more than 11 months…
Spot prices at a glance (September 18, 1989)
Week’s Price (US) Change Gold* $358.80 –$ 1.20 Silver* $ 5.08 –$ 0.01 Platinum* $474.60 –$ 1.15 Nickel** $ 4.86 –$ 0.45 Lead** $ 0.32 –$ 0.02 Cop…
TSE Short Positions (September 18, 1989)
Semi-monthly report as of Aug 31 showed 30,170,240 shares of 607 issues compared with 32,020,882 shares of 619 issues on Aug 15. Larger individual positions include: Agnico-Eagle 75,700 down 133,700; …