1995


Meetings (July 31, 1995)

MEETINGSAug. 8, AgincourtAug. 8, Big HornAug. 8, Davidson TisdaleAug. 8, Grand EmpireAug. 8, ParagonAug. 9, CrystallexAug. 9, EurusAug. 9, Redbird GoldAug. 10, Amarado Aug. 10, HeraAug. 10, IntOl Capr…


Golden Giant strike cuts Hemlo’s earnings

A drop in gold production has contributed to a 38% shortfall in earnings for Hemlo Gold Mines (TSE).For the first six months of 1995, Hemlo earned $23.4 million (or 23 cents a share) on revenue of $10…


Greenland grants more mineral licences

Still more companies are flocking to the world’s largest island in search of Voisey Bay-type nickel-copper-cobalt deposits.The activity is due to the geological similarities between Labrador’s Nain ge…



Black Hawk looks for more gold at Hoyle

Drills are turning once again at Black Hawk Mining’s (TSE) gold property in Ontario’s Hoyle Twp.The company has begun a 8,400-metre, 37-hole drill program to test the continuity of the known gold zone…


Glamis revises bid for Eldorado

Thwarted in its original offer, Glamis Gold (TSE) has boosted its bid for Eldorado (TSE) to $1.50 plus 0.47 of a Glamis share for each share of Eldorado. Based on Glamis’s trading level of $10.38, the…


Polaris-Taku drill program is under way

Two drill rigs are operating on the Polaris-Taku property in northern British Columbia.Owner Canarc Resource (TSE) plans to drill 20,000 ft. in an initial 15-20-hole program aimed at testing two separ…


Inmet Mining adds second drill at Akie property

In an effort to accelerate drilling at the Akie massive sulphide project in northern British Columbia, Inmet Mining (TSE) is adding a second rig.Inmet, which is earning a 60% interest in the project f…



COMMENTARY — Marketing the mining industry

The federal government needs to develop a marketing strategy to attract more investment to this country’s mining sector and revitalize its competitiveness. A marketing approach should be developed wit…


Newmont makes discovery at Carlin

Already one of the largest gold producers in Nevada’s prolific Carlin trend, Newmont Gold (NYSE) is busy outlining another sizable resource on a block of ground just north of its Carlin pit.The major …


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