Western markets continued to slide over the period ended Apr. 21, with the Easter long weekend dampening an already lacklustre mood for resource issues. The Vancouver Stock Exchange composite index sl…
Toronto-based Hemlo Gold Mines (TSE) recently increased its stake in Freewest Resources (TSE) to 13.4% by purchasing 268,516 common shares under financing agreements signed during the past two years. …
Vital statistics for the Canadian mining industry in 1991 paint a gloomy picture. Value of production, not including petroleum and natural gas, was down 15.9% to $10.4 billion. Employment in mining, c…
Billing itself as a “new breed of copper producer,” Azco Mining (VSE) recently completed a $6.5-million financing in order to secure funds for a bankable feasibility study of its Sanchez copper projec…
Hopes that gold would be able to sustain a rally after it surged to US$341.10 on the futures market were quickly dashed today, April 22, as the spot price in London closed down 20 cents to US$338.10. …
Increased gold purchases by the state-run gold authority here have led to official predictions of a record-breaking production year in this key sector, Guyana’s fifth ranked foreign exchange earner. F…
Because of technical complications, the stock market listings which appeared in the April 13 edition of The Northern Miner were incorrect.
BGR Central Net Value $7.59 $5.03 Price $5.75 $4.40 Discount 24.24% 12.5% Value $45,193,000 $74,026,920…
Waseco Resources Inc – 675,000 shs offered @ 42 cents per sh. Azco Mining Inc – 2,750,000 units consisting of 1 sh and 1 wt offered @ $2.36 per unit.
Chile is the worlds largest producer and exporter of copper, accounting for 22% of the Western worlds total production, and about 23% of the worlds copper reserves. Based on planned production statist…
Development of a lithium deposit in Bolivia is planned by FMC (NYSE), subject to ratification of an exploration and development plan by the Bolivian government. FMC estimates a cost to production of b…
A letter to the editor, “Cooling trend is on its way” (T.N.M., Mar. 30/92) contained an incorrect address. The letter writer, Jack Sauers, resides in Seattle, Wash.
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