Fairfield in hands of Almaden management
Management of Fairfield Minerals (FFD-T) is now in the hands of Almaden Resources (AMH-V).Fairfield has been searching for a group to take over management of the company ever since John Stollery resig…
Articles by Northern Miner Staff
TSE SHORTS (July 01, 1996)
Short positions outstanding at June 15, 1996Larger individual positions included: Barrick Gold 8,936,790; Agnico-Eagle 399,194; Arequipa 137,000 Aur Resources 149,300; Bema Gold 4,276,777; Caledonia M…
Tri Origin starts financing plans for Lewis Ponds
Financing of the development of the Lewis Ponds deposit will be raised in Australia by way of a $16.4 million (Canadian) public offering of Tri Origin Australia, a wholly owned unit of Tri Origin Expl…
GOLD FUNDS (July 01, 1996)
Gold Funds as of June 20, 1996BGRCentralNet Value$24.63$6.51Price$18.70$6…
Drilling probes Blackdome mine
A minimum 5,000-ft. diamond drilling program is under way at the Blackdome gold mine in southwestern British Columbia.Petro Plus (PPV-A) can earn a half interest in the former underground producer fro…
Electra recovers gold at Rambler
Electra Mining (ELC-V) has begun production at its Rambler tailings project near Baie Verte, Nfld.Electra is processing tailings, containing 1.7 million tons grading 0.04 oz. gold per ton, at a newly …
Bre-X upgrades resource at Busang
With five diamond drill rigs at work, Bre-X Minerals (BXM-T) is pushing hard to outline 50 million oz. gold, in the measured and indicated resource categories, by year-end at its Busang gold project i…
Imperial tests gold zone in Niger
Drilling on the M’Banga gold concession in Niger, West Africa, has returned gold values for Imperial Metals (IPM).The company completed 15 holes for a total of 1,500 metres, outlining a gold zone over…
PEOPLE — SRR MERCHANTILE
Michael Maidment appointed senior field geologist.
Wyoming location of nickel, diamond rush (July 01, 1996)
Wyoming is experiencing a nickel and diamond rush, according to that state’s geological survey.The current interest in nickel results from the discovery of the huge deposit at Voisey’s Bay, Labrador, …
PEOPLE — SPUR VENTURES (July 01, 1996)
Robert Atkinson appointed director.
PEOPLE — REDELL MINING (July 01, 1996)
Alan Hubick appointed chief financial officer.