Campbell divides time between Mexico and Quebec
For years, Campbell Resources (TSE) has been hobbled with a mixed bag of gold-copper, asbestos and coal investments. Profitability and a clean balance sheet were elusive. However, the past few years h…
Articles by Northern Miner Staff
Denison given short reprieve
An arbitration panel has ruled on the dispute between Denison Mines (TSE) and Ontario Hydro. The news is not good for Denison, which will receive a total of $30.9 million, a far cry from the $361 mill…
Hemlo’s Holloway project gets go-ahead
Ontario’s newest producing gold mine could be the Holloway project, 60 km east of Matheson. A feasibility study by Hemlo Gold Mines (TSE), Freewest (TSE) and Teddy Bear Valley Mines (CDN) indicates th…
Treminco extends N.W.T. program
Follow-up drilling is planned for the Greenstone Belt project north of Yellowknife, N.W.T. Having completed a 12-hole, 6,271-ft. reconnaissance drilling program, Treminco Resources (TSE) has identifie…
NEWS ROUNDUP — Audrey ups reserves at 1100 lens
Minable reserves have increased at the 1100 lens project, part of the Mobrun mine northeast of Rouyn-Noranda, Que. Audrey Resources (ME) says reserves increased by 860,000 tonnes following a 6,600-met…
NEWS ROUNDUP — Franco buys 2% Lenora NSR
Royalty-holder Franco-Nevada Mining (TSE) has bought a 2% net smelter return royalty (NSR) in the Goldfields project from Greater Lenora Resources (TSE). The price: $2 million. The northern Saskatchew…
European Ventures hits Man. sulphides
A new base metal zone has been outlined on the Wekusko Lake project near Snow Lake, Man. European Ventures (VSE) reports that nine holes, totaling 1,309 metres, were drilled to test seven targets. One…
Pegasus to assist Goldbelt financially
Satisfied with its due diligence review, Pegasus Gold (TSE) has agreed to lend US$3 million to Goldbelt Resources (VSE) to help it secure financing for its Leninogorsk gold-silver tailings project in …
ODDS’N’SODS — West coast mining school
On reading recently of the passing of Jack White, I was flooded with memories of the development of the British Columbia Mining School and of that rewarding chapter of my life, filled with the warmth,…
Western mineral database available in on-line form
The mineral occurrences database of the British Columbia government, MINFILE/pc Version 3.0, is available in an on-line form. Users may gain access to MINFILE/online by dialing INFO-DATA Online Bullet…
LETTER TO THE EDITOR — Fenton Formula revived
The article “Timely proposal: a new gold standard” (T.N.M., March 7/94) is of interest to me. My article “The Fenton formula,” published in 1984, is much better than “Timely proposal” and is practical…
TSE Short Positions (April 04, 1994)
Semi-monthly reports as of Feb 28, 1994 showed 66,356,166 shares of 807 issues compared with 68,492,494 shares of 808 issues on Feb 15, 1994. Larger individual positions included: Aber 192,700; Adrian…