Newmont projects higher output
Gold producer Newmont Gold (NYSE) expects to produce 1.85 million oz. in 1995, compared with output in 1994 of about 1.65 million oz. Completion of a refractory ore roaster at the company’s Carlin min…
Articles by Northern Miner Staff
PEOPLE — WHEATON RIVER (January 09, 1995)
Thomas Kelly appointed president and chief operating officer.
MK Gold plans Jerooy mine
Construction is expected to begin this year on MK Gold’s (NASDAQ) Jerooy gold project in the former Soviet republic of Kyrgyzstan. A feasibility study, approved by the company’s Kyrgyz partner, outlin…
Diamond Fields expands discovery
Excellent progress is reported by Diamond Fields Resources (TSE) at its Voisey Bay nickel-copper-cobalt project in Labrador. Stepout drilling and geophysical surveys east of the known area of minerali…
Red Badger returns gold values
Drilling on the TQY property north of Yellowknife, N.W.T., is returning gold values for Gitennes Explorations (ASE). The company, which is earning a half interest from Tanqueray Resources (ASE), repor…
Joutel intersects gold in Cuba
The first phase of drilling at Joutel Resources’ (TSE) La Zona Barita project in Cuba has encountered high-grade gold mineralization. Situated in the Sierra Maestra concession on the southwestern coas…
Noranda, Corner Bay Minerals pool Mexican exploration
The wholly owned Mexican subsidiary of Corner Bay Minerals (TSE) has concluded an agreement with a unit of Noranda (TSE) whereby the companies will pool their current land holdings in the Roncesvalles…
Six new targets at Nixon Forks
At its Nixon Fork project in west-central Alaska, Consolidated Nevada Goldfields (TSE) has identified six new areas of mineralization and expanded minable reserves by 29,730 oz. gold (a 22% increase)….
Carissa advances Wyoming property
Based on encouraging assay results from last summer’s program, Carissa Mining (VSE) will proceed with the next phase of drilling on the Carrisa mine property in Wyoming. The new program is estimated t…
Geologists find gold traces on Queen’s Scottish estate
According to a press report from England, geologists say gold has been found at Queen Elizabeth’s Scottish residence. Apparently traces of gold were discovered in granite outcrops and river beds in se…
Equity Silver payout far from a sure thing
Potential changes to tax rules decrease the likelihood of an eventual cash payout to shareholders of Equity Silver Mines (TSE). The company shipped the last load of concentrate from its silver mine ne…
Wayside makes drilling plans
The Wayside property near Gold Bridge in southern British Columbia will soon undergo diamond drilling. International Wayside Gold Mines (VSE) will carry out a 2,500-ft. program in an effort to test th…