Magma Copper basks in record earnings
Continuing its winning ways, Magma Copper (NYSE) unveiled results for its second consecutive record-breaking quarter.The company earned US$54.4 million (or 86 cents per share) for the period, compared…
Articles by Northern Miner Staff
Gold Funds (August 21, 1995)
Gold Funds as of August 15BGRCentralNet Value$17.99$6.60Price$14.00$6.375Discount22.16%3.4%Value$140,616,000$115,383,038…
Rift, Echo Bay bid on Ethiopian mine
The mining company owned by the Ethiopian government is being approached to sell its Legadembi open-pit gold mine in Sidamo province.A recent bid was placed jointly by Rift Resources (VSE) and Echo Ba…
MSV Res. offers shares for Cache
To accelerate development of the Corner Bay copper deposit, MSV Resources (ME) has offered to merge with Cache Explorations (ME) by exchanging one share of MSV for four of Cache.MSV says the merger wo…
STOCK MARKETS — Voisey Bay players still calling the shots
Investor interest in the Voisey Bay discovery has been adding excitement to western markets for almost six months. It’s not surprising, then, that much of the initial enthusiasm is beginning to fade.N…
Index (August 21, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Int’l Pursuit chasing Filipino mineralization
Drilling by International Pursuit (TSE) continues to test the Hinoba-an copper project 600 km southeast of Manila, on the Philippine island of Negros.While initial progress has been slow, the principa…
Echo Bay releases more results from Paredones Amarillos project
Drilling by Echo Bay Mines (TSE) at the Paredones Amarillos gold project in Mexico continues to test the main resource area, where partner Baja Gold (TSE) has estimated reserves of 1.5 million contain…
Glamis’ bid for Eldorado dead
Some two months after first taking a run at Eldorado (TSE), Glamis Gold (TSE) has allowed its takeover bid for the company to expire.Glamis, which was offering $1.50 in cash plus 0.47 of a common shar…
Cobalt market focus of conference
The Voisey Bay nickel-copper-cobalt discovery will be on the agenda of the fourth annual Cobalt Conference to held September 26-28, in Washington, D.C.Cobalt 95: Managing for Profits in an Era of Pote…
Meetings (August 21, 1995)
MEETINGSAug. 28, Cdn. Overseas Aug. 28, Gallery Aug. 29, Giant Bay Aug. 29, Golden Eagle Aug. 29, IntOl Reef Aug. 29, Red Fox Aug. 30, Goldnev Aug. 30, Falcon Point Aug. 30, Stellar Gold Aug. 30, West…
Pentland Firth picks up Hoyle gold property
The estate of the late F.W. Schumacher (one of the great names in the early days of the Timmins gold camp) has agreed to option a quarter-section in Hoyle Township, Ont., to Pentland Firth Ventures (T…