Electra plans to prolong Aurora’s output
While mining has temporarily ceased at the Aurora gold mine in southwestern Nevada, Electra Mining Consolidated (VSE) expects that production from existing ore on the heap-leach pads will continue int…
1995
Meetings (May 29, 1995)
MEETINGSJune 5, Aztec — annualJune 5, Eldorado — annual, generalJune 5, Golden Queen — extraordinaryJune 5, Klondex Mines — annual, generalJune 5, Newscope — annual, generalJune 6, Arjon Gold — …
Musto shareholders support offer
Shareholders of International Musto Explorations (TSE) have tendered almost 33.4 million shares (or about 98% of those that are outstanding) in favor of a bid made by Rio Algom (TSE) and Australian-ba…
Kinross takes on Nevada project
For a half interest in the Goldbanks gold property near Winnemucca, Nev., Kinross Gold (TSE) will pay Restoration Minerals, a small private company, US$6 million and 800,000 shares of Kinross stock.Ki…
Altai buys antimony deposit
Canadian junior Altai Resources (TSE) has bought the Bayat antimony oxide deposit in southwestern Turkey.The deposit, which lies within a 512-hectare property east of the city of Afyon, is accessible …
Funding gives Quebec mines opportunity for new lease on life
A little government money goes a long way underground, says Jean-Guy Rivard, president of Richmont Mines (TSE).Richmont is one of five mining companies in la belle province to snag a share of a $5-mil…
Drilling adds potential to Voisey Bay
Exploratory drilling is expanding the tonnage potential of the Voisey Bay nickel-copper-cobalt project in Labrador.Property owner Diamond Fields Resources (TSE) says six holes were directed at evaluat…
Tri Origin drills Straw Lake play
A 2,000-metre drill program is under way at Tri Origin Exploration’s (TSE) Straw Lake gold property, west of Thunder Bay, Ont.The northern half of the 2,135-hectare property is underlain by intrusive …
EDITORIAL PAGE — Expect the unexpected
Residents of Ontario will go to the polls in early June to decide which political leader will hold the reins of power for the next four years. And not long after that, British Columbians will do the s…
LETTER TO THE EDITOR — RTF method unique to Geco
I read, with special interest, the Odds ‘n’ Sods article by Mr. S.J. Hunter referring to the Geco mining system (T.N.M., May 15/95). Mr. Hunter’s frequent contributions and references to unique indivi…
INSIDER TRADING — Senior officers and directors trade Barrick Gold shares
A senior officer and two directors of Barrick Gold (TSE) sold common shares of the company in March.According to the Ontario Securities Commission’s OSC Bulletin, Luis Baertl, senior officer, exercise…
Anglo American studies Venezuelan nickel mine
Having completed a feasibility study on the Loma de Hierro nickel project in Venezuela, Anglo American hopes to work towards development of an open-pit mine.The proposed operation would produce ferro-…