PEOPLE — GRANGES (May 29, 1995)
Michael Richings appointed president and chief executive officer.
Articles by Northern Miner Staff
PEOPLE — FIRST DYNASTY (May 29, 1995)
Timothy Haddon, Johannes Kotjo, Beverly Downing, Guy Hodgson, Frederick Park and John Paterson elected directors.
PEOPLE — BIRCH MOUNTAIN (May 29, 1995)
Richard Garnett elected chairman.
Louvicourt adds to Novicourt earnings
Junior Novicourt (ME) generated $11.9 million in revenue during the first quarter.The revenue was derived from the company’s 45% interest in the Louvicourt base metal mine near Val d’Or, Que.The Louvi…
Gold Reserve works Km 88 play
With three rigs operating and 40 more holes planned for the current phase of drilling, Gold Reserve (TSE) continues to receive encouraging results from its Las Brisas property.Situated within the Kilo…
Low Canadian dollar benefits Ontario mining industry
Metallic commodities are priced in U.S. dollars and, because of this, monetary exchange rates have a significant impact on the revenues generated by Ontario mining operations.The mineral sector analys…
USMX acquires Ecuadorian firm
Colorado-based USMX (TSE) has acquired all of the outstanding capital stock of Mega Minerals, an Ecuadorian company which holds title to eight exploration concessions in the South American country.In …
Spot prices at a glance (May 29, 1995)
Wednesday, May 24Week’sPrice (US)ChangeGold*$382.90-$0.50Silver*$5.40+$0.02Platinum*$431.75+$3.10Nickel**$3.43+$0.12Lead**$0.28+$0.01Copper$1.29+$0.03Zinc$0.47 $0.00Courte…
EDITORIAL PAGE — A catalyst for change
The Voisey Bay nickel-copper-cobalt project has sparked the largest staking rush ever seen in Atlantic Canada, with more than 100,000 claims registered in Labrador since the discovery was announced la…
Companies (May 29, 1995)
Aber Akiko GoldAltaiAmax GoldAshton Mng CanAurAurizonBarrick GoldCaledoniaCamphor VCanyonChampionChannelConquistdr Cons SamrkdContl PacfcDiamnd FldsEcho BayElectra MngFalcon…
Exall closes rights offering
After having sold 2.5 million units, Exall Resources (TSE) has closed its rights offering.Proceeds from the units, which consisted of one common share and one-half share purchase warrant, totalled $1….
Westmin Resources returns to profitability at Myra Falls
The first quarter of 1995 marked a return to profitability for Westmin Resources (TSE).The company earned $5.25 million on revenue of $31 million during the period. Cashflow from operations jumped to …