Delmay options claims
Delmay Mining Corp. (ASE) has optioned its Stitt property near Kirkland Lake, Ont., to Silver Spur Resources (VSE) and Whiskey Creek Resources (VSE). Silver Spur and Whiskey must spend $500,000 each o…
Articles by Northern Miner Staff
Bakra pulls good result from Sannorm gold project
A 61-ft intersection averaging 0.18 oz gold per ton was pulled recently from Bakra Resources’ (VSE) Sannorm property in southeastern Manitoba, the company says. The intersection was encountered by the…
Zenmac dividend
A dividend has been declared by Zenmac Zinc Ltd. (ASE) of 25 cents per share. The record date is Feb 28. The dividend will be paid in the form of a $10 convertible preferred share, paying interest of …
Underground explosion kills two at B.C mine
An underground explosion at the Sulphurets gold project north of Stewart, B.C. killed two men and injured two others. Dead are Claude Weber, a Newhawk/Granduc mine foreman and Otto Sawatsky, a Canadia…
Alberta Stock Exchange Bitech big trader
A $1.3 million private placement combined with renewed drilling at the Nugget Pond gold project in Newfoundland made Bitech Energy Resources the session’s biggest trader. A whopping 1.2 million shares…
Montreal Exchange Market indices tumble
A shift in the trading winds this past week left the ME battered, with the market portfolio closing down almost 51 pts and the mining and minerals index off more than 64 pts. Daily trading volumes wer…
Gold funds as of Feb. 14
BGR Goldcorp Central MVP Capital Net value $11.96% 8.83 6.55% 0.81% Price $9.375% 5.625 5.62% 0.65% Discount $ 21.61% 36.3% 14.1% 19.8% Value …
COATS Trading Features (February 20, 1989)
Atlantic Goldfields continued to be a volume leader as more than 250,000 shares exchanged hands. A control block in the company, which was previously held by a principal of Waverley Mining Finance, a …
RJK earning option in Sask. properties
Recently acquiring an option to acquire up to 60% of the interest of Lenora Explorations and Mary Ellen Resources in the Box mine and New Athona properties in northern Saskatchewan was associated comp…
Metal Prices FUTURES PRICES (February 20, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb125.80 125.70 125.80 — 7.70 Mar128.45 123.60 123.80 — 7.70 May120.70 117.25 1…
Two gold pours for Placer Dome
Already one of North America’s largest gold producers, Placer Dome Inc. (TSE) will be adding two new producing gold mines to its growing roster this month. The newest gold mine in the Placer Dome Grou…
Corona offer expires March 7 for Dickenson, Kam-Kotia shares
A former president of Dickenson Mines, (TSE) Arthur White, after whom Dickenson’s Red Lake mine was named, thinks the price being offered in a takeover bid by Corona Resources (TSE) is too low. “I don…