Meetings (December 18, 1995)
MEETINGSDec. 27, Royal Bay Gold — annual, generalDec. 28, Amalgamated Cangold — specialDec. 28, Flag Res. — annual, generalDec. 28, Golden Briar — annual, generalDec. 28, Oxbow — specialDec. 28, …
Articles by Northern Miner Staff
Production costs at Red Lake hamper Goldcorp’s earnings
Revenue and earnings of Goldcorp (TSE) were down for the first nine months of 1995, as the company devoted much of its resources to development.Goldcorp earned $4 million or 13 cents per share on reve…
Manhattan about to reach producer status as Mexican mine gears up
The next two months will mark a transition for Manhattan Minerals (TSE) as it makes the leap from junior exploration company to junior gold producer.Robert Willis, chairman and chief executive officer…
Voisey’s Bay potential tied to Eastern Deeps
Reserves at Voisey’s Bay continue to grow as fast as speculation about an imminent takeover of the project’s majority owner, Diamond Fields Resources (TSE).Drills are still turning on the main ovoid z…
Conwest, Alberta Energy plan merger
Oil and gas explorer and producer Alberta Energy announced plans for a buyout of Conwest Exploration (TSE), under which the merged company would sell Conwest’s mining and hydroelectric interests.Alber…
OBITUARY — Garfield Parsons
Garfield “Red” Parsons died in Toronto on Nov. 15 after a long battle with cancer.Mr. Parsons graduated from the University of Toronto with an honors degree in geology and mineralogy. After serving in…
Gold Funds (December 18, 1995)
Gold Funds as of December 7, 1995BGRCentralNet Value$17.66$6.64Price$14.50$6.375Discount17.88%4.0%Value$138,048,000$115,383,038…
Spot prices at a glance (December 18, 1995)
Wednesday, December 13, 1995Week’s Price (US)ChangeGold*$388.10+$0.50Silver*$ 5.16-$0.10Platinum*$413.25-$0.75Nickel**$ 3.69+$0.08Lead**$ 0.33-$0.01Copper$ 1.35 $0.00Zinc$ …
Caledonia Mining updates reserves at South African gold mines
Tonnage and grade are up at the South African gold mines of Caledonia Mining (TSE).Proven and indicated reserves at the Eersteling gold mine are 746,380 tonnes at 6.71 grams gold per tonne, up from 13…
Canarc drill program in Guyana
Toronto-listed junior Canarc Resource has undertaken an aggressive, 40-hole drill program at the Baramita property in Guyana.The 6,000-metre initiative is designed to test for gold prospects along a 1…
Peruvian exploration pays off for Arequipa Res.
Arequipa Resources (TSE) has identified several gold prospects along an 80-km-long belt of rocks in northern Peru.Additional mapping, sampling and trenching will attempt to firm up these discoveries, …
DIAMOND NEWS ROUNDUP — Trillion uncovers more kimberlites
A recent discovery brings to six the number of kimberlites found on the Sansukwe property in Zimbabwe.The dyke, found by 50% owner Trillion Resources (TSE), is one of several discovered thus far in a …