Metall buys stake in tungsten plant
Toronto-based Metall Mining (TSE) will gain a 73.26% equity interest in Wolfram Bergbau Huettengesellschaft (WBH), a tungsten mining and powder production facility in Austria.WBH is one of only two fu…
Articles by Northern Miner Staff
Cominco, Prime maintain option
TSE-listed partners Cominco and Prime Resources Group intend to maintain their option on an area adjoining the southern boundary of the Snip mine in British Columbia.Cominco is operator and 60% owner …
DIAMOND NEWS ROUNDUP — Additional AK results consistent with earlier values
The latest results from the discovery hole on the AK property in the Northwest Territories are consistent with, but somewhat lower than, initial results released in early April.Partners Mountain Provi…
Louvicourt opening highlights Quebec’s Mining Week
The official opening of the Louvicourt copper-zinc mine in late April proved to be the highlight of “Quebec Mining Week.” It was also a day of celebration for the companies that brought to fruition on…
PEOPLE — GOLD INSTITUTE
Ronald Cambre elected chairman.
PEOPLE — NEWMONT GOLD (May 08, 1995)
Michael Thomsen appointed director of foreign exploration.
METALS COMMENTARY — Demand for metals still reasonably healthy
Metals investors continue to cope with the rapid-fire changes affecting their markets. While a noticeable slackening in U.S. demand has cooled orders for housing and autos, U.S. manufacturers seem unf…
Companies (May 08, 1995)
AberAdexAgate BayAlmadenAmaradoAmcorp IndAmer BullnArizona StarAshton MngAurBaja GoldBarrick GBattle MtnBema GoldBlack HawkCalcoCaledoniaCampbellCamphor VtCanarcCaribGoldCashChannel…
OSC approves listing requirement
The Ontario Securities Commission approved a new Toronto Stock Exchange “listing requirement,” making it mandatory for companies to disclose their corporate governance system.The requirement, the main…
STOCK MARKETS — Silver still in favor; Placer out of Musto race
Gold traded sideways, but silver continued to find favor with speculators during the report period ended May 2. At the Commodity Exchange of New York, the cash price for silver approached US$6 per oz….
Drilling planned at White Star play
A drilling program has been drawn up for the C Group property in Kidd Twp. in the Timmins, Ont., area, White Star Copper Mines (CDN) reports.Planning the work is Falconbridge (TSE), which has an optio…
Quebec natives create company
A new junior company, First Nations Exploration, has set up a temporary office in Senneterre, Que.President Billy Ottereyes, former chief of the Waswanipi band and a prospector, says his company is se…