Novicourt posts healthy profits
The first year of production at the Louvicourt mine in Quebec has generated net earnings of $4.8 million, or 11 cents per share, for Novicourt (TSE) for the last quarter of 1995.For the year, the comp…
News
Junior partners to resume diamond search in Ontario
Drilling will resume on the diamond property in New Liskeard, Ont., belonging to Vancouver-listed partners Consolidated Pine Channel Gold and JNR Resources.Much of the property, which contains the OPA…
Oroperu Resources starts work at Toro gold prospect in Peru
CDN-listed Oroperu Resources has released early results of its reverse-circulation drill program on the Toro gold project in north-central Peru.The drilling has been applied to areas peripheral to the…
Northfield Minerals raises funds for programs at four properties
Private placement financings have enabled Northfield Minerals (TSE) to fund work programs at four of its properties.Northfield has raised $2.5 million through the issuance of 3.6 million common shares…
Fairfield plans more drilling for Siwash gold property
Exploration work will attempt to increase reserves in three target areas on the Siwash property near Merritt, B.C.Owner Fairfield Minerals (TSE) will spend $1.2 million on the property this year and p…
Barrick execs turn options into cash
Five senior officers of Barrick Gold (TSE) exercised options and traded shares of the corporation in December 1995 and January 1996.According to the Ontario Securities Commission’s OSC Bulletin, Louis…
Banner year reported for Phelps Dodge in ’95
With almost all operations turning in stellar performances, Phelps Dodge (NYSE) coasted through the end of the fourth quarter to post yet another record in net income.In 1995, the company raked in US$…
Noranda moves to acquire rest of Brenda Mines and Kerr Addison
Diversified miner Noranda Mines (TSE) revealed plans this week to buy up those shares of Brenda Mines (TSE) and Kerr Addison Mines (TSE) that it does not already own.Noranda, which owns 52.1% of Kerr …
PEOPLE — NEVADA STAR (February 26, 1996)
Kevin Weaver appointed director.
PEOPLE — CORAL GOLD (February 26, 1996)
Chris Sampson appointed director.
PEOPLE — ARLO RES. (February 26, 1996)
Alan Moore appointed director.
PEOPLE — ANGLO-BOMARC (February 26, 1996)
Leslie Hart appointed director and president.