Ivan glitches lead to loss for Minera
Production disruptions at the Ivan copper mine in Chile account for the first-quarter loss of $191,000 experienced by Minera Rayrock (TSE).At the annual meeting in Toronto, President David Crombie tol…
Articles by Northern Miner Staff
PEOPLE — POTASH CORP. OF SASKATCHEWAN
William Doyle appointed executive vice-president; Rod Wilson appointed vice-president of sales; James Bubnick appointed senior vice-president, potash operations; Garth Moore appointed senior vice-pres…
Gold Funds (May 22, 1995)
Gold Funds as of May 16BGRCentral .TNet Value$17.25$6.66Price$14.38$6.625 Discount16.65%0.5% Value$134,841,000$119,907,863…
Arauco begins trenching at Guindo
A large-scale trenching program is about to begin at Arauco Resources’ (VSE) Guindo gold property in southern Chile.To date, geochemical sampling and hand-trenching haveidentified at least five minera…
STOCK MARKETS — Labrador play sends waves throughout western markets
Western markets cooled over the reporting period ended May 16, 1995, with the Vancouver Stock Exchange resource index edging up 4.08 points to 1,302.61 while the composite index tacked on 1.84 points …
Toronto Stock Exchange Indices (May 22, 1995)
— 1995 — .TMay 16May 15May 12May 11May 10HighLowComposite”300″4345.614310.784268.414264.094281.244346.633983.34 Metals&Minerals4123.454058.883983.873953.443956.394337.89 327…
METALS COMMENTARY — World markets affected by consolidation
Oscillating prices, currency upheavals and speculative gains and losses continue to characterize global metal markets.The bull market in metals, which began late in 1993, entered a period of consolida…
DIAMOND NEWS ROUNDUP — Parker Lake diamond discovery sparks interest
With permission of its joint-venture partners, Monopros has processed a third surface sample from the narrow, 1.5-metrediamondiferous dyke on the Parker Lake property, west of Hudson Bay in the Northw…
NEWS IN BRIEF (May 22, 1995)
Jericho Resources has changed its name to Regia Resources on a share-for-share basis.
Meadowbank results prove promising
Drilling on the Meadowbank property, north of Baker Lake,N.W.T., is returning gold values for 60-40 partners Cumberland Resources (VSE) and Comaplex Resources (TSE).The new results include values of u…
Engineering firm profiles Indonesia
Denver-based Pincock, Allen & Holt has published a 2-volume study of the economic potential of Indonesia, aimed at mining executives.Indonesia: A Country Profile, produced in association with Internat…
Manus funding proves elusive
Unable to come up with a final payment of US$1.1 million,Consolidated Manus Industries (VSE) has dropped its option to acquire the Sullivan gold-copper property in Nevada.The junior was planning to us…