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…
Articles by Northern Miner Staff
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…
PEOPLE — FIRST DYNASTY — Elwin Smith elected to the board of directors.
PEOPLE — CONS. MAGNA VENTURES — Bradley Aelicks appointed president and chief executive officer.
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 …
Base metals found in Matagami, Que.
Two parallel, mineralized horizons have been identified on the Matagami, Que., base-metal property of Southern Africa Minerals (TSE) and BHP Minerals Canada.Between August and October, five holes, tot…
B.C. mining companies show they have a heart
British Columbia’s mining industry has helped the province’s Children’s Hospital hit pay dirt by pledging $750,000 for equipment and renovations to the institution’s Cardiac Unit.The pledges are part …
CIM luncheon to focus on Collahuasi
The Collahuasi copper project in Chile will be the subject of the next luncheon meeting of the Toronto branch of the Canadian Institute of Mining and Metallurgy.Thomas Pugsley, vice-president of proje…