Corrections (November 27, 1995)
Incorrect information appeared in the Insider Trading column of our Nov. 20 issue. The reference to TVI Pacific director Clifford James should have read that he was granted 300,000 options at 94 cents…
Articles by Northern Miner Staff
Meetings (November 27, 1995)
MEETINGSDec. 4, Banff Dec. 4, Glen AudenDec. 4, Rangeland Dec. 4, Rosebay Dec. 4, Shakwak COMING EVENTSDec. 5-8 Northwest Mining Association — “Int’l Convention & Exposition.” Spokane Hotel, Spokane,…
Manitoba cheers New Britannia opening
Second-hand hoists, second-hand mill. The New Britannia mine, which officially opens this week, has both. Scouring the mining industry’s garage sales for bargains is one way to keep capital costs down…
Rayrock’s Ivan mine is up to speed
The Ivan copper mine in northern Chile was slow to get on track, but owner Minera Rayrock (TSE) has announced that the mine operated at 97.7% of its design capacity in September, and 100% in October.T…
Cash flowing from Myra Falls mine
The Myra Falls underground zinc-copper mine on Vancouver Island is spinning out cash for owner Westmin Resources (TSE).Net income for the first nine months of 1995 amounted to $10.8 million on revenue…
PEOPLE — FIRST DYNASTY — Elwin Smith elected to the board of directors.
PEOPLE — CONS. MAGNA VENTURES — Bradley Aelicks appointed president and chief executive officer.
STOCK MARKETS — Eastern markets take post-referendum breather
Investors enjoyed a relaxing week on the Toronto Stock Exchange, as the market traded low volumes in a narrow range. By the close of trading Tuesday, the composite index had drifted down 12.38 points …
Green light flashes for Rea Gold’s Bissett
With one gold mine already in production in Nevada, Rea Gold (TSE) has begun constructing another, this time in southeastern Manitoba.When the wholly owned Bissett gold mine achieves full production i…
Virginia, Diabior find additional gold
A third gold discovery has been made on the Eastmain West property of Virginia Gold Mines (ME) and Diabior Explorations (ME), about 250 km northeast of Matagami, Que.An induced-polarization (IP) anoma…
Strike active in Horwood Twp.
Companies continue to acquire interests in the Horwood Twp. area, 95 km southwest of Timmins, Ont., following the discovery of a surface gold showing by Morgain Minerals (VSE).An option on a 6.9-sq.-k…
Gold symposium planned for Peru in 1996
The success of the first gold symposium has prompted the gold committee of Peru’s National Mining and Petroleum Society to organize a second international gold symposium.The conference and exhibition …