Coral and Amax Gold reach new agreement
A new agreement is in place that allows Amax Gold (NYSE) to continue to earn a 60% interest in Coral Gold’s (VSE) Robertson project. The property lies within the Battle Mountain trend in Nevada’s Cres…
Articles by Northern Miner Staff
COMMENTARY — Single window would cut costs
Companies wanting to invest in the Canadian mining industry often find themselves tangled in a seemingly endless sea of red tape; red tape which must be cut through, tied up, rubber-stamped, re-packag…
Electra plans to prolong Aurora’s output
While mining has temporarily ceased at the Aurora gold mine in southwestern Nevada, Electra Mining Consolidated (VSE) expects that production from existing ore on the heap-leach pads will continue int…
Musto shareholders support offer
Shareholders of International Musto Explorations (TSE) have tendered almost 33.4 million shares (or about 98% of those that are outstanding) in favor of a bid made by Rio Algom (TSE) and Australian-ba…
Kinross takes on Nevada project
For a half interest in the Goldbanks gold property near Winnemucca, Nev., Kinross Gold (TSE) will pay Restoration Minerals, a small private company, US$6 million and 800,000 shares of Kinross stock.Ki…
Funding gives Quebec mines opportunity for new lease on life
A little government money goes a long way underground, says Jean-Guy Rivard, president of Richmont Mines (TSE).Richmont is one of five mining companies in la belle province to snag a share of a $5-mil…
EDITORIAL PAGE — Expect the unexpected
Residents of Ontario will go to the polls in early June to decide which political leader will hold the reins of power for the next four years. And not long after that, British Columbians will do the s…
LETTER TO THE EDITOR — RTF method unique to Geco
I read, with special interest, the Odds ‘n’ Sods article by Mr. S.J. Hunter referring to the Geco mining system (T.N.M., May 15/95). Mr. Hunter’s frequent contributions and references to unique indivi…
INVESTMENT COMMENTARY — Investors advised to pursue promising junior
With the takeover of International Musto Resources (TSE) by Rio Algom and Australian-based North Ltd. all but complete, investors may be on the lookout for juniors exhibiting similar exploration poten…
Magma buys back outstanding warrants
In an effort to prevent stock dilution, Magma Copper (NYSE) is offering to buy back its outstanding warrants.The company will pay US$8.25 for each of the 4.1 million publicly traded warrants, which ha…
Index (May 29, 1995)
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Meetings (May 29, 1995)
MEETINGSJune 5, Aztec — annualJune 5, Eldorado — annual, generalJune 5, Golden Queen — extraordinaryJune 5, Klondex Mines — annual, generalJune 5, Newscope — annual, generalJune 6, Arjon Gold — …