Wheaton hits gold in Grizzly zone
Underground drilling at the Golden Bear mine in northwestern British Columbia continues to provide encouragement for Wheaton River Minerals (TSE) and North American Metals (TSE). All surface and under…
Articles by Northern Miner Staff
Spot prices at a glance (February 20, 1995)
Week’s Price (US) Change Gold* $376.90 + $2.10 Silver* $4.76 + $0.09 Platinum* $414.00 + $5.25 Nickel** $3.77 + $0.15 Lead** $0.26 + $0.01 Copper $1.31 + $0.03 Zinc $0.45 $0.00 Courtesy of Scotiabank….
NEWS IN BRIEF (February 20, 1995)
Bar Resources (BSL:VSE) has changed its name to Southern Bar Minerals (BMW:VSE) on a 1-new-for-3.5-old-share basis.
Coeur’s Rochester receives award
The Rochester mine of Coeur d’Alene Mines (NYSE) has received an environmental award from the Nevada Association of Conservation Districts. The award, for “distinguished service to conservation,” was …
Sharpe, Freewest release additional Wisconsin results
Partners Sharpe Energy and Resources (VSE) and Freewest Resources Canada (TSE) have received additional drill results from their Wisconsin massive sulphide program. The two companies are earning a 60%…
Orvana drilling projects
Not averse to working in warm climes, Orvana Minerals (VSE) has started drilling a property in Jamaica and has negotiated an option agreement for a Mexican property. At its Central Inlier gold project…
Aur drills two plays near Joutel
Drill programs on two copper-zinc properties southwest of Joutel, Que., are planned by Aur Resources (TSE). In 1993, drilling on the 380-hectare Bonfortel property intersected significant copper, zinc…
Busy year for Battle Mountain
This could be a busy year for Battle Mountain Gold (NYSE). Along with plans to increase production at existing operations around the world, the company will continue to work several exploration projec…
USMX earnings fall
Despite a slowdown of mining activities, USMX (NASDAQ) earned US$330,000 (or 2 cents per share) last year, compared with a net income of US$2.6 million (or 17 cents per share) in 1993. The company’s o…
High River options HudBay properties
Toronto-listed High River Gold Mines can acquire gold and silver production rights from certain properties in Manitoba held by Hudson Bay Mining & Smelting (TSE). The agreement covers 17 properties ad…
BHP, partner hit red metal
Two joint-venture partners — American Resource (NASDAQ) and a subsidiary of BHP Minerals — encountered copper mineralization in two drill holes on their Agua Rica project in Argentina. The drilling …
Ego near startup of Cobatec facility
The Cobatec cobalt recovery plant, near Cobalt, Ont., is scheduled to enter production this month, with the first shipment scheduled for March. The hydrometallurgical facility, which cost owner Ego Re…