Arista to acquire Kremzar deposit
Arista Resources (VSE) will acquire the Kremzar gold project northwest of Wawa, Ont.The deposit lies on the northern limb of an anticlinal sequence of metavolcanics. It is stratigraphically above a hi…
News
Cambior to reopen Omai
Nine-month and quarterly revenues increased for Cambior (TSE), even though production was interrupted at the company’s Omai mine in Guyana. For the first nine months of 1995, revenues amounted to $284…
Odds ‘n’ Sods — Downhill miners
My mind often returns to Red Mountain in Rossland, B.C., site of the pro- vince’s mining school, perched at the top of the northern face of Red Mountain. There we were, training young miners-to-be in …
EDITORIAL PAGE — “Place-based” planning for resource management
Quebec is not the only part of North America seeking more autonomy from the federal government. The western provinces want more regional control and are starting to flex their muscles, while the north…
Winter ends Akie drilling
Drilling on the Akie property in northern British Columbia has been suspended, owing to inclement weather.Inmet Mining (TSE), which holds a 60% interest, was in the midst of drilling hole A-95-19 to a…
Eastfield, Prism expand in Tonopah
In acquiring the Three Hills property, Vancouver-listed partners Eastfield Resources and Prism Resources are expanding their holdings in the Tonopah district of Nevada.The joint venture will pay Coeur…
Eight new inductees to Mining Hall of Fame.
The Canadian Mining Hall of Fame will induct eight individuals at its annual dinner on Jan. 8, 1996, in Toronto.Established eight years ago, the Hall honors legendary mine-finders and mine-builders wh…
Production costs up for Royal Oak
High cash operating costs took some wind out of the sails of Royal Oak Mines (TSE) during the first nine months of 1995.The company earned $19.5 million (or 17 cents per share), on revenue of $153.1 m…
PEOPLE — GEOMAQUE EXPL.
Jon Morda appointed vice-president and chief financial officer.
INSIDER TRADING — Officers of Echo Bay exercise options, trade stock
Four senior officers of Echo Bay Mines (TSE) exercised options and either bought or sold shares in the company in October.According to the Ontario Securities Commission’s OSC Bulletin, Jonathan Baker,…
Minefinders cuts gold in Sonora, Mexico
Drilling and trenching at the Bolsa property in Mexico’s Sonora state are returning low-grade gold mineralization for owner Minefinders (VSE).Results from the first four reverse-circulation holes, tot…
Agreement paves the way for McWatters
If all goes as planned, the gold deposit at the McWatters property, 12 km southeast of Rouyn-Noranda, Que., will be placed into production under a management contract between BLM Services Group and jo…