Hecla Mining moves closer to turnaround
Despite a considerable improvement over the same period of 1994, Hecla Mining’s (NYSE) report for the recent first quarter was marred with red ink.A US$10-million rise in revenue to US$37 million did …
Articles by Northern Miner Staff
Santa Fe reinterprets Springpole
Exploration at the Springpole project, 71 miles east of Red Lake, Ont., will return to the basics this summer as Santa Fe Pacific Gold (NYSE) attempts to reinterpret the property’s geology.Santa Fe, w…
Channel to make rights offering
A planned rights offering by Channel Resources (VSE) will enable the junior to continue exploring its gold concessions in Burkina Faso, West Africa.Channel, which has 19 million shares outstanding, wi…
Toronto Stock Exchange joins top 10 list
The Toronto Stock Exchange has joined the top 10 list of world stock exchanges.Record trading values of US$133.4 billion catapulted the TSE to a new plateau; it now ranks 10th amongst the world’s elit…
ODDS’N’SODS — From rags to riches to rags
Prospector Samuel Hawkins Napier grew up in Bathurst, N.B., where the Nepisiguit River flows into Chaleur Bay.Upon leaving public school, he got a job working in a local saw mill. His elder brother, C…
Inter-Rock and Rayrock advancing Daisy project
Shareholders attending the recent annual meeting of Inter-Rock Gold (ME) were told that the Daisy gold project in Nevada should be up and running by late 1996.Engineering work and permitting are under…
PEOPLE — TORONTO STOCK EXCHANGE
John Clark elected chairman; Barbara Stymiest elected vice-chairman; William Broadhurst, Michael Brown, Thomas Caldwell, L. Charest, Arthur Condliffe, Edward England, Helen Kearns, William Moriarty, G…
COMMENTARY — Worldwide gold exploration prospects
The Mining Investment Service of Tucson, Ariz., has compiled a study based on 434 gold exploration deposits throughout the world. And although these projects exist at various stages of exploration, su…
PEOPLE — SANTA FE PACIFIC GOLD (May 29, 1995)
Roy Wilkes appointed senior vice-president of operations.
PEOPLE — GRANGES (May 29, 1995)
Michael Richings appointed president and chief executive officer.
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.