Monarch spreads its wings in Venezuela
Favorable drill results have enabled Monarch Resources (TSE) to increase gold reserves at its Camorra mine and Canaima concession in the Venezuelan district of El Dorado. At La Camorra, results have b…
Articles by Northern Miner Staff
Fairfield chalks up firm earnings
The Siwash gold mine in southern British Columbia continues to pump out profits for Fairfield Minerals (TSE). In 1994, the open pit yielded 27,000 oz., which was augmented by a further 3,000 oz. from …
Gulf boosts gold reserves
Reserves at the Aprelevka mine in Tajikistan have been revised, paving the way for a proposed expansion. A study by Gulf International Minerals (VSE) indicates the open-pit deposit contains about 2 mi…
Azco beefs ups Piedras resource
A drill program has boosted the estimated resource of the Piedras Verdes project in northwestern Mexico. The figure now stands at almost 1.3 billion lb. of contained copper. Based on a 0.2% copper cut…
El Callao drilling returns more gold at Lo Increible
Drilling on Lo Increible in Venezuela continues to return gold values for El Callao Mining (VSE), which is earning up to a 70% interest in the property. Infill work within the Victoria zone is aimed a…
Dakota raises funds for Anchor Hill
From the sale of special warrants, Dakota Mining (TSE) received US$6 million in gross proceeds to finance development of the Anchor Hill project at the Gilt Edge gold mine near Deadwood, S.D. The comp…
New overseas mines give boost to Metall
With two new mines operating at or near commercial production levels and with development work under way at several others, Metall Mining (TSE) expects to continue growing in 1995. Last fall, the Toro…
U.S. Mining Law reform back on agenda
After a fruitless attempt last year, lawmakers are again trying their luck at reforming the U.S. Mining Law of 1872. What has yet to be determined is whether the new political makeup of Congress will …
Focus on gold and diamonds at pair of Aussie conferences
Plenty of Canadian content was evident at two major mining industry conferences, the Australian Gold Conference in Kalgoorlie and the World Diamond Conference in Perth. Several speakers at the gold co…
Toronto Stock Exchange Indices (April 03, 1995)
— 1995 — Mar 28 Mar 27 Mar 24 Mar 23 Mar 22 High Low Composite”300″ 4299.72 4307.93 4317.10 4290.42 4263.18 4317.40 3983.34 Metals&Minerals 4116.09 4108.94 4131.01 4095.87 4049.57 4337.89 3273.56 In…
Initial output at Louvicourt
Initial production figures have been released by Aur Resources (TSE) for its Louvicourt polymetallic mine, along with exploration results from the nearby AurBel gold property. At Louvicourt, situated …
EDITORIAL PAGE — GSC move a few rocks short
Federal Mines Minister Anne McLellan was recently taken to task in the House of Commons by Lee Morrison, the Reform Party’s mining critic. The minister was questioned about a proposal to relocate the …