TVI, Echo Bay in Philippine venture
Junior TVI Pacific (ASE), in conjunction with Echo Bay Mines (TSE), intends to form a joint venture in order to bid on acquiring an interest in the Kingking Lumanggang-Casagumayan-Tiogdan porphyry gol…
Articles by Northern Miner Staff
METALS COMMENTARY — Metals markets in correction mode
A correction phase seems to be taking hold in most metals markets, no doubt a result of last year’s bull market and the accompanying speculative excesses that quickly pushed some prices to levels not …
Franc-Or to drill Sophie-Saul
Exploration equipment has arrived at Franc-Or Resources’ (ME) Sophie-Saul gold property in central French Guiana. The property is underlain by a 50-km-long shear zone which separates the Paramaca gree…
El Callao to supply Monarch mill
To expand sources of feed for the Revemin gold mill in Venezuela, Monarch Resources (TSE) has arranged to receive 7,500 tonnes of ore per month from El Callao Mining (VSE). The ore will be delivered f…
Newmont boosts reserves
After all the calculations were done, Newmont Gold (NYSE) found it had increased its total reserves and mineralized resources by 12% for 1994. Most of this increase stems from an expansion of minerali…
Formation adds to Sunshine holdings
The acquisition of 68 claims in the Idaho cobalt belt expands the holdings of Formation Capital (VSE) at its Sunshine project. Three main target areas — Sunshine, Lion and Northfield — now combine t…
PEOPLE — CRYSTALLEX INT’L (March 13, 1995)
Marc Oppenheimer appointed president and chief executive officer; Douglas Newby and Stephen Goss appointed vice-presidents; and W. Zin appointed chief operating officer.
Murgor reports results from two more holes
Junior Murgor Resources (VSE) has reported results from two additional holes drilled on the Barry Twp. gold property in northwestern Quebec. Hole 95-2, collared 82 ft. south of hole 95-1, intersected …
Dona Lake faces charges in mill mishap at Pickle Lake
Former producer Dona Lake Gold Mine has been charged with three violations of Ontario’s Occupational Health and Safety Act in connection with a critical-injury accident in 1994 at its mill near Pickle…
Red Chris passes flotation tests
Metallurgical tests on four bulk samples from the Red Chris deposit in north-central British Columbia indicate the mineralization can be processed by standard flotation techniques. American Bullion Mi…
McLeese reopening helps Gibraltar’s quarterly profit
The reactivation of the McLeese Lake open-pit copper mine in British Columbia enabled Gibraltar Mines (TSE) to report a profit of $416,000 for the fourth quarter of 1994, on revenue of just over $13 m…
PEOPLE — AMAX GOLD (March 13, 1995)
Roger Kauffman appointed president and chief operating officer.