No Headline (February 19, 1996)
Hemlo picks up Red Lake optionShane Resources (VSE) has dealt an option on its Ball Twp. gold property, 30 km west of Red Lake, Ont., to Hemlo Gold Mines (TSE).To earn a 60% interest, Hemlo will pay $…
Articles by Northern Miner Staff
Pacific Wildcat proves up Sulut
Initial drill results at the Sulut property in northeastern Sulawesi, Indonesia, support previous resource estimates, reports Pacific Wildcat Resources (VSE).Historic work by a major mining company ou…
Keystone players consolidate holdings
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Randgold Group subsidiary funding exploration work in West Africa
The international exploration arm of South African-based Randgold Group has completed a private placement to fund exploration and assist its transformation into a publicly traded company.Randgold Reso…
Metal prices — FREE MARKET
London Metal ExchangeSpot closing prices in $US per tonneDateFeb. 12 Feb. 11Feb. 9Feb. 8Feb. 7Copper2502-2504 2550-25532573.5-2575.52567.5-2569.52585-2590Lead747-748 758-759759-760 760-7…
PEOPLE — SINO PACIFIC (February 19, 1996)
Sandra Hendrickson appointed director and secretary; Allen Rose appointed director.
PEOPLE — JERSEY GOLDFIELDS (February 19, 1996)
Ian Gray appointed director.
PEOPLE — GREATER LENORA (February 19, 1996)
Michael Werner appointed president and chief executive officer; S. Manz appointed senior vice-president and chief financial officer.
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…