Positive results for Rea Gold
During the first quarter of this year Rea Gold (TSE) achieved a profit of $369,095, or 1 cents per share, compared with a loss of $86,328 for the same period last year.The first quarter earnings are d…
Articles by Northern Miner Staff
Index (June 05, 1995)
CareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber ServicesSpecial Rep…
Royalstar Resources aims to revive Tonkin Springs gold mine
Vancouver-based Royalstar Resources (VSE) has acquired an interest in the Tonkin Springs gold project, a re-emerging gold producer situated in central Nevada.The company acquired the interest with the…
Correction (June 05, 1995)
A recent story (T.N.M. May 29/95) featuring Hillsborough Resources (TSE) incorrectly reported that thermal coal prices averaged $41 to $42 per ton over the past three years and that 1995 prices are ex…
Meetings (June 05, 1995)
MEETINGSJune 12, AG Armeno Mines — annual, generalJune 12, Arauco — annualJune 12, Fort Point — general, extraordinaryJune 12, Golden Dividend — annual, generalJune 12, June — annual, generalJune…
GOLD FUNDS (June 05, 1995)
Gold Funds as of May 30BGRCentralNet Value$17.22$6.79Price$14.63$7.125Discount15.09%Premium4.9%Value$134,665,000$128,957,513…
Drilling cuts ore grade intersections at Red Lake
Surface and underground drilling at Goldcorp’s (TSE) Red Lake mine continues to intersect ore-grade mineralization, suggesting continuity of the hosting structures and mineralization.In addition, unde…
Sonoran property shows promise
Positive drilling results from the Piedras Verdes copper property in Sonora, Mexico, have provoked the renewed interest of Jonpol Explorations (TSE), a member of the syndicate that owns the property.J…
Orvana drilling El Tigre prospect
Eight drill holes are planned to test the potential of the El Tigre gold property in Sonora, Mexico. Orvana Minerals (TSE) has initiated the 1,200-metre drill program in order to check out a large, si…
Hudson Bay Mining wins rescue competition
Mine rescue personnel from the Flin Flon division of Hudson Bay Mining & Smelting have won the 1995 Manitoba mine rescue competition. The Thompson mine rescue team, representing Inco, was runner-up.Fi…
Spot prices at a glance (June 05, 1995)
Wednesday, May 31Week’sPrice (US)ChangeGold*$384.25+$1.35Silver*$5.30-$0.10Platinum*$434.10+$2.35Nickel**$3.41-$0.02Lead**$0.28$0.00Copper $1.29$0.00Zinca{$0.46-$0.01C…
ODDS’N’SODS — The minesites of Painkiller Lake Caretaker or “Custodian”?
In the mid-1930s, I first learned about Painkiller Lake, 10 miles from Matheson, Ont. The Blue Quartz mine is adjacent to the lake and the old Coulson mine is on the opposite side, about a mile from t…