PEOPLE — GREATER LENORA (February 19, 1996)
Michael Werner appointed president and chief executive officer; S. Manz appointed senior vice-president and chief financial officer.
Articles by Northern Miner Staff
STOCK MARKETS — Voisey issues ride high as golds trip and fall
While golds fell sharply during the report week ended Feb. 13, the Toronto Stock Exchange, as a whole, moved little. The TSE 300 composite index fell 4.16 points over the period, to finish at 5,045.31…
Triton attempts to expand Limon gold mine
At its 95%-owned Limon operation in Nicaragua, Triton Mining (TSE) is carrying out definition drilling to prove up a 490,000-oz. gold resource in the Santa Emilia vein system.Four rigs will be used to…
Falconbridge makes bid for Diamond Fields Resources
Late to enter the race for control of the Voisey’s Bay nickel-copper-cobalt deposit in Labrador, Falconbridge (TSE) has nevertheless vaulted to the head of the pack.Falconbridge has offered to merge w…
INSIDER TRADING — Prime Equities executives traded shares
Four directors of Prime Equities International (VSE) traded shares of the corporation in December 1995.According to the Ontario Securities Commission’s OSC Bulletin, Andre Fortier, director, sold 10,0…
Meetings (February 19, 1996)
MeetingsFeb. 25 Int’l MichamFeb. 25 SerenaFeb. 26 AcrexFeb. 26 Intracorp Feb. 26 LMX Res.Feb. 26 StinaFeb. 27 Arapahoe Feb. 27 Dundee-Palliser Feb. 27 Greenhope Feb. 28 Claddagh Gold Feb. 28 Goldbelt …
Sutton spins drills at Bulyanhulu
Drilling has resumed at the Bulyanhulu gold deposit in Tanzania.Sutton Resources (VSE) is attempting to expand the deposit, which was last estimated to contain 7.2 million tons grading 0.45 oz. gold p…
GREATEST VALUE TRADED (February 19, 1996)
ExchngValue(000s) High Low Close ChangeDiamond Flds T669321$39 1/830 1/238 3/8+7 7/8Barrick Gold T326930$454141 3/4-2 1/2Placer Dome T219698$423838 5/8-2 5/8Inco Ltd T182496…
Murgor reports results from Barry Twp.
Winter drilling has wound down on the Barry Twp. gold property in northwestern Quebec.Murgor Resources (ME) has been testing the extent of a gold showing, where values as high as 0.1 oz. gold per ton …
Sierra Nevada returns strong values
Drilling on the Promontorio property in Mexico’s Chihuahua state is returning encouraging values for Sierra Nevada Gold (VSE).The third hole, drilled on the Veta Grande zone, returned an 82-ft. inters…
Ruby Hill mine gets green light
Homestake Mining (NYSE) will develop its Ruby Hill property in central Nevada, having set aside US$65 million in funding for the West Archimedes deposit.A feasibility study has determined a proven res…
River to mine Edwards deposit
River Gold Mines (TSE) will mine the Edwards gold deposit northeast of Wawa, Ont., and owner VenCan Gold will retain a carried interest.The former has budgeted $3 million for underground development, …