Miramar confirms Cuban gold zone
Drilling on the Mantua copper project in Cuba is confirming the presence of an overlying gold zone.Miramar Mining (TSE), which holds a 50% interest, has completed a 35-hole program to evaluate the gol…
Articles by Northern Miner Staff
Minto production decision is near
A feasibility study for the Minto copper-gold-silver project in the Yukon is complete, and Minto Explorations (VSE) expects to make a production decision in the near future.Proven and probable reserve…
PEOPLE — DAKOTA MINING (May 08, 1995)
Martin Quick appointed president and general manager.
Noranda shareholders salute retiring Powis
Resources giant Noranda (TSE) bid adieu to its longtime chairman, Alfred Powis, in a tribute-filled annual meeting in Toronto.Powis, 64, spent almost 40 years with the company, including 27 years as e…
Neuquen project in Argentina — Yamana, MIM explore `red bed’ deposits
Although Argentina is not known for its copper production, partners Yamana Resources (TSE) and Australian-based MIM Holdings are working to remedy this situation.The Neuquen project is Yamana’s most a…
Improved demand benefits niobium
The prospects for a rise in demand for niobium for the rest of the 1990s are far more positive than in the first years of the decade, says researcher Roskill of London in its new report Niobium: marke…
FACTS & FIGURES — Lead enters a new era
Between 1960 and 1973, the consumption of refined lead in the West rose at an average annual rate of 4%. In the latter year, total consumption amounted to just over 4 million tonnes. The impact of the…
PEOPLE — REAL RESOURCES
Neil Thiessen appointed vice-president of exploration.
PEOPLE — WESTERN GARNET (May 08, 1995)
Gregory Emerson appointed chief financial officer.
STOCK MARKETS — Voisey results help snap western markets to life
Speculation fuelled by the Voisey Bay nickel-copper-cobalt discovery in Labrador, combined with renewed interest in diamonds in the Northwest Territories, rallied the western markets for the report pe…
TSE INDICES (May 08, 1995)
— 1995 –May 2May 1Apr 28Apr 27Apr 26HighLowComposite”300″4297.934292.444279.474273.804282.924320.523983.34Metals&Minerals4022.614070.034097.194041.414066.564337.893273.5…
GOLD FUNDS (May 08, 1995)
Gold Funds as of May 2BGRCentralNet Value$17.29$6.83Price$14.75$6.875Discount14.70%Premium0.7%Value$135,186,000$124,432,688…