COMMENTARY — Optimistic note for Venezuela
For investors in Venezuela, 1994 was a year most would prefer to forget. However, there are good reasons for looking forward to the remainder of 1995 with some optimism. It seems as though the politic…
Articles by Northern Miner Staff
PEOPLE — NORTHWEST MINING ASSOC.
Wallace McGregor appointed president; Jami Fernette appointed first vice-president; and Allan Marter appointed second vice-president.
PEOPLE — ANVIL RANGE (March 13, 1995)
William McKnight elected chairman; Kurt Forgaard appointed president and chief executive officer.
PEOPLE — GOLDEN KNIGHT
R. Davis appointed chairman and Robert Quartermain appointed president and chief executive officer.
PRODUCER PRICES (March 13, 1995)
ALUMINUM: MW U.S. market US91.75-92.75 per lb. (Feb. 24, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995). CAD…
STOCK MARKETS — Currency crisis adds a chill to the TSE
A lack of investor confidence in the U.S. dollar rattled Canadian currency markets, which led the Toronto Stock Exchange to post a small loss during the 5-day report period ended March 7. The composit…
STOCK MARKETS — Murgor still adding shine to dull western
Trading activity on the Vancouver Stock Exchange in February was down considerably from the same time a year ago. At 331 million shares, volume was off by 35%, while the value of the shares at $290 mi…
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…
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…