Echo Bay backs out of Minoro
The Minoro property is back on the block after being dropped by Echo Bay Mines (TSE).Tombstone Explorations (TSE) and Mar-West Resources (VSE), which hold the property on an 80-20 basis, respectively,…
Articles by Northern Miner Staff
Stillwater adopts rights program
Montana-based Stillwater Mining (NASDAQ) has adopted a rights agreement under which stockholders will receive a dividend in the form of a preferred stock purchase right.The rights will be distributed …
Index (November 20, 1995)
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Meetings (November 20, 1995)
MEETINGSNov. 27, Abcourt Nov. 27, Jilbey Nov. 27, New Campbell IslandNov. 27, Western AmericaNov. 28, Lyon Lake Nov. 28, San FernandoNov. 28, Tri-OriginNov. 28, Wellington CoveNov. 29, ArlingNov. 29, …
Champion Bear to drill Dryden property
About 3,600 metres will be drilled at the Plomp Farm property of Champion Bear Resources (ASE), 18 km west of Dryden, Ont. The work will test shear-zone gold mineralization.The company has performed g…
Hemlo to re-open Golden Giant
Production at the Golden Giant mine near Marathon, Ont., will resume by mid-December, says owner Hemlo Gold Mines (TSE).Production at the mine was halted in late October after monitoring systems indic…
DIAMOND NEWS ROUNDUP — Redaurum buys majority stake in South African producer
The largest Canadian-based diamond producer, Redaurum (TSE), is about to get larger.The company has entered into an agreement to buy an 80% interest in a producing alluvial diamond mine in South Afric…
Armistice aims to boost reserves
Interim results of underground drilling at the Sheldon-Larder property suggest there is potential to increase re-serves substantially, says owner Armistice Resources (ME).So far, about 8,000 ft. have …
COMMENTARY — Mining and communities
So-called indigenous people number about 300 million. They live in 70 countries and belong to roughly 4,000 cultural groups. They have historical continuity with pre-colonial societies, and are often …
Orvana expands in Bolivia
Orvana Minerals (TSE) has acquired a gold-copper project in eastern Bolivia, which it believes could enter production by 1997.The company recently reached an agreement to acquire the Don Mario gold-co…
MES meeting will feature base metals
Patricia Mohr, vice-president of economics for the Bank of Nova Scotia, will discuss the outlook for base metal prices at a Toronto meeting of the Mineral Economics Society (MES), to be held Nov. 23.M…
STOCK MARKETS — Labrador winter puts freeze on investor interest
Except for the odd pocket of excitement, western markets are following their usual boring shuffle through the fall period.For the trading week ended Nov. 14, the Vancouver Stock Exchange resource and …