Arauco begins trenching at Guindo
A large-scale trenching program is about to begin at Arauco Resources’ (VSE) Guindo gold property in southern Chile.To date, geochemical sampling and hand-trenching haveidentified at least five minera…
Articles by Northern Miner Staff
STOCK MARKETS — Labrador play sends waves throughout western markets
Western markets cooled over the reporting period ended May 16, 1995, with the Vancouver Stock Exchange resource index edging up 4.08 points to 1,302.61 while the composite index tacked on 1.84 points …
Toronto Stock Exchange Indices (May 22, 1995)
— 1995 — .TMay 16May 15May 12May 11May 10HighLowComposite”300″4345.614310.784268.414264.094281.244346.633983.34 Metals&Minerals4123.454058.883983.873953.443956.394337.89 327…
METALS COMMENTARY — World markets affected by consolidation
Oscillating prices, currency upheavals and speculative gains and losses continue to characterize global metal markets.The bull market in metals, which began late in 1993, entered a period of consolida…
DIAMOND NEWS ROUNDUP — Parker Lake diamond discovery sparks interest
With permission of its joint-venture partners, Monopros has processed a third surface sample from the narrow, 1.5-metrediamondiferous dyke on the Parker Lake property, west of Hudson Bay in the Northw…
NEWS IN BRIEF (May 22, 1995)
Jericho Resources has changed its name to Regia Resources on a share-for-share basis.
Meadowbank results prove promising
Drilling on the Meadowbank property, north of Baker Lake,N.W.T., is returning gold values for 60-40 partners Cumberland Resources (VSE) and Comaplex Resources (TSE).The new results include values of u…
Engineering firm profiles Indonesia
Denver-based Pincock, Allen & Holt has published a 2-volume study of the economic potential of Indonesia, aimed at mining executives.Indonesia: A Country Profile, produced in association with Internat…
Manus funding proves elusive
Unable to come up with a final payment of US$1.1 million,Consolidated Manus Industries (VSE) has dropped its option to acquire the Sullivan gold-copper property in Nevada.The junior was planning to us…
Denison Mines restructures debt
An agreement between Denison Mines (TSE) and its corporate lenders will allow the former blue-chip company to restructure bank debt, subject to certain conditions.The lenders agreed to convert all deb…
STOCK MARKETS — Composite index enables TSE to shine brightly
After losing the spotlight to the major American indexes over the past few weeks, the TSE 300 composite took centre stage once more, as investors driving it to a new 7-month high. Thecomposite jumped …
Glimmer to buy Hemlo’s stake in Hislop-Beatty
After learning that Hemlo Gold Mines (TSE) intends to sell its 60% interest in the Hislop-Beatty gold joint venture, 40%-owner Glimmer Resources (VSE) announced its intention to exercise its first rig…