Pentland cuts gold at Marlhill
Drilling at the Marlhill property by Pentland Firth Ventures (TSE) has not gone as planned. Still, operator Pentland Firth is far from upset.The two most recent drill holes did not flatten as anticipa…
News
EDITORIAL PAGE — Just call to say E `keep mining in Canada’
The telephone of John Manley, Canada’s minister of industry, will be ringing off the hook during the work week starting Nov. 27. And that’s because people from across the country will be calling the m…
PEOPLE — FIRST DYNASTY — Elwin Smith elected to the board of directors.
PEOPLE — CONS. MAGNA VENTURES — Bradley Aelicks appointed president and chief executive officer.
Etruscan works gold targets surrounding Koma Bangou
With the uranium boom long past, the impoverished West African nation of Niger is pinning its hopes on gold. Canada’s Etruscan Enterprises (VSE), in turn, is turning to Niger for its future.When The N…
Rayrock’s Ivan mine is up to speed
The Ivan copper mine in northern Chile was slow to get on track, but owner Minera Rayrock (TSE) has announced that the mine operated at 97.7% of its design capacity in September, and 100% in October.T…
Cash flowing from Myra Falls mine
The Myra Falls underground zinc-copper mine on Vancouver Island is spinning out cash for owner Westmin Resources (TSE).Net income for the first nine months of 1995 amounted to $10.8 million on revenue…
STOCK MARKETS — Eastern markets take post-referendum breather
Investors enjoyed a relaxing week on the Toronto Stock Exchange, as the market traded low volumes in a narrow range. By the close of trading Tuesday, the composite index had drifted down 12.38 points …
Green light flashes for Rea Gold’s Bissett
With one gold mine already in production in Nevada, Rea Gold (TSE) has begun constructing another, this time in southeastern Manitoba.When the wholly owned Bissett gold mine achieves full production i…
Virginia, Diabior find additional gold
A third gold discovery has been made on the Eastmain West property of Virginia Gold Mines (ME) and Diabior Explorations (ME), about 250 km northeast of Matagami, Que.An induced-polarization (IP) anoma…
Strike active in Horwood Twp.
Companies continue to acquire interests in the Horwood Twp. area, 95 km southwest of Timmins, Ont., following the discovery of a surface gold showing by Morgain Minerals (VSE).An option on a 6.9-sq.-k…
Gold symposium planned for Peru in 1996
The success of the first gold symposium has prompted the gold committee of Peru’s National Mining and Petroleum Society to organize a second international gold symposium.The conference and exhibition …