TSE SHORTS (November 18, 1996)
Short positions outstanding at October 31, 1996Larger individual positions included: Barrick Gold 9,702,563, up 345,297; Agnico-Eagle 499,743, down 127,300; AJ Perron Gold 323,400: Adex Mining 192,505…
Articles by Northern Miner Staff
Nuinsco buys back interest in Rainy River property
Nuinsco Resources (NWI-T) will issue shares to Western Troy Capital Resources (WRY-A) in exchange for the latter’s 4.9% interest in Nuinsco’s Rainy River property, near Fort Frances, Ont.Subject to th…
More beeping success at Berthiaume property
Five holes are now complete at the Berthiaume property, north of Lebel-sur-Quevillon, Que., and all have intersected sulphide mineralization.The prospect was discovered by the Berthiaume syndicate, co…
PEOPLE — COLERAINE MINING
Gratien Gelinas appointed president.
Miners mark banner year in 49th state
The mood was upbeat at the annual general meeting of the Alaska Miners Association, held here recently — and little wonder: Exploration and development expenditures in the state reached a new high in…
Gitennes bullish on Peruvian results
Exploration by Gitennes Explorations (GIT-A) on its Virgen property in central Peru has encountered strong gold mineralization.Channel samples from the surface, along the northern and eastern extensio…
GREATEST VALUE TRADED (November 18, 1996)
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
Titanium focus of spring conference
A conference on the future of the titanium dioxide industry will be held April 29-30, 1997, at the Stanley Park Hotel in Vancouver, B.C.Entitled “TiO2 ’97 — A View to 2000,” the conference is aimed a…
Sherritt Int’l. out to boost treasury
Toronto-based Sherritt International (S-T) has entered into an underwriting agreement for the issuance and sale of $300 million worth of 6%, 10-year, convertible, unsecured, subordinated debentures.Th…
Loose rock sensor wins recognition
Atomic Energy of Canada (AECL) and HDRK Mining Research are the joint recipients of the 1996 R&D 100 Award from R&D Magazine for inventing an instrument used to detect loose rock in mines.In tests, th…
Rio Algom creates Reinertson trust for palliative care program in Elliot Lake, Ont.
Rio Algom has donated $200,000 to St. Joseph’s Hospital in Elliot Lake, Ont., for the creation of a palliative care trust named in honor of Lawrie Reinertson, the company’s former president who died o…
Kimberley sampling yields diamonds
The bulk sampling program at the Blina project of Kimberley Diamond (KDC-V) has yielded 42 diamonds thus far.The project is situated in West Kimberley, South Africa.Kimberley recovered one stone weigh…