William to buy Mexican company
Toronto-based William Resources (TSE) intends to acquire all outstanding shares of Minas Colorada of Mexico. Colorada operates three mines and a mill in Zacatecas state. The mill has a capacity of 240…
Articles by Northern Miner Staff
TSE SHORT POSITIONS (March 20, 1995)
mi-monthly reports as of Feb. 28, 1995 showed 235,623,529 shares of 758 issues compared with 243,958,189 shares of 785 issues on Feb. 15, 1995. rger individual positions included: Aber Res. 61,940, up…
Cons. Nevada finds zone at Aurora
Reverse-circulation drilling at the Aurora gold mine in Nevada is returning ore-grade mineralization over large widths. Consolidated Nevada Goldfields (TSE), in an attempt to define the eastern extens…
Two rigs at San Fernando
By adding a second drill rig to the San Fernando gold property in west-central Mexico, San Fernando Mining (TSE) has intensified exploration and predevelopment work. The $2-million program will consis…
Echo Bay in black despite lower output
Despite lower production levels, Echo Bay Mines (TSE) managed to turn a profit in 1994. The company earned US$8 million (or 7 cents per share), compared with US$3.6 million (or 3 cents per share) in t…
CIM to hear about environmentalism
An authority on environmental issues will discuss the North American environmental movement and how it affects the Canadian mining industry at a March 31 noon luncheon in Vancouver, B.C. Barry Clausen…
Roycefield testing Beaver Brook
Having drilled 94 holes, totalling 12,200 metres, on the Beaver Brook antimony property near Grand Falls, Nfld., Roycefield Resources (ASE) is preparing to carry out additional drilling and undergroun…
Joutel calculates resource at Barita
A geologic resource has been calculated for the Zona Barita play in Cuba, based on drilling and trenching results. Joutel Resources (TSE) estimates that the property, which is within the Sierra Maestr…
Abacus eyes Niblack play
The Niblack volcanogenic massive sulphide project in southeastern Alaska has caught the eye of Abacus Minerals (VSE), which has entered into two separate agreements to acquire a 100% interest. The 185…
SME features global mining
If the 124th annual meeting and trade show of the Society for Mining, Metallurgy and Exploration had to be summed up in a word, it would be “variety.” More than 5,300 people attended the recent event …
Eritrea welcomes foreign investment
The government of Eritrea is hoping a new mining policy and investment law will help open up this Horn of Africa country to foreign investment. A delegation of Eritreans attended the recent convention…
B.C. regulators launch hearing
The British Columbia Securities Commission (BCSC) has suspended trading in VSE-listed Beauchamps Exploration and Beaufield Consolidated Resources while it continues an investigation into the affairs o…