Battle Mountain pours first gold at Reona mine
The first gold has been poured at Battle Mountain Gold’s (NYSE) Reona mine in Nevada. Production of 16,000 oz. is expected in the fourth quarter, and annual production (beginning in 1995) is projected…
Articles by Northern Miner Staff
Ontario’s Martel quits cabinet post
The cabinet of Ontario’s governing New Democratic Party is looking for a new mines minister following the resignation of Shelley Martel. The controversial representative of Sudbury East stepped down s…
Definition drilling program tests River Gold property
Encouraging results have been received by River Gold Mines (TSE) from the company’s wholly-owned Eagle River gold project 50 km west of Wawa, Ont. The drill program involves detailed definition drilli…
Abacus stakes Lake property
Junior Abacus Minerals (VSE) has staked 2,000 hectares on the Lake property near Iskut River, B.C. The company arrived at the area by following a train of mineralized boulders in talus, which led to a…
NEWS IN BRIEF (October 17, 1994)
New Rio Resources (NRR: VSE) has changed its name to Southern Rio Resources (SNZ:VSE) on a sh-for-sh basis.
Pioneer Metals plans drilling, restructures
Having completed preliminary exploration of several of its British Columbia properties, Pioneer Metals (TSE) plans to forge ahead with drilling. Trenching on the Hen property has uncovered the source …
Madsen suing Ontario gov’t
Junior Madsen Gold (TSE) is taking the Ontario government and the Local Services Board of Madsen in the Red Lake area of northwestern Ontario to court. The company is seeking damages from the ministry…
Dunlap drilling Century property
Drills are turning on the Century gold property in Idaho. Dunlap Resources (VSE) is earning a 60% interest in the project from Cactus West Explorations (VSE) by spending US$1 million. Geological mappi…
FACTS’N’FIGURES — Derivatives and the gold market
The phenomenal growth in derivative products during the past few years is about adding value. But is it possible to add value to gold? The dealing community has set about doing precisely that by takin…
Cobalt conference set for Toronto
The British-based Cobalt Development Institute is organizing a conference to examine new sources and markets for cobalt. The conference will be held May 9-10, 1995, in Toronto. For more information, c…
PEOPLE — SOUTHWESTERN GOLD (October 17, 1994)
Murray Gordon appointed vice-president of finance and chief financial officer.
PEOPLE — ROYALSTAR
John Hick appointed director.