Granges arranges private placement
A recent agreement with several underwriters is expected to add funds to the treasury of Toronto-listed, intermediate gold producer Granges.The private placement agreement is for 7.7 special warrants …
Articles by Northern Miner Staff
Eldorado adds to Energold holdings
By purchasing 3.2 million shares of Energold Mining (VSE) in a private transaction, Eldorado (TSE) has boosted its stake in the company to 48.8% from 16.16%.In doing so, Eldorado is positioning itself…
Fancamp explores Gemsbok base-metal property in Botswana
Vancouver-listed Fancamp Resources has kicked off the first phase of its exploration program on the Gemsbok base-metal property in southwestern Botswana.The 1.6-million-acre, wholly owned property for…
Sulliden expands in Newfoundland
Exploration and development activity is picking up steam in Newfoundland’s Baie-Verte Peninsula. A Quebec-junior, Exploration Sulliden (ME), recently expanded its holdings in the region by acquiring a…
CICS closes sale of Cameco
Crown Investments Corporation of Saskatchewan (CICS) has, by way of a secondary offering, completed the sale of 9.5 million shares of Saskatoon-based uranium producer Cameco (TSE).The public now holds…
Index (April 15, 1996)
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Guyanor and Cambior drill Dorlin gold property in French Guiana
Toronto-listed partners Guyanor Ressources and Cambior have started drilling the Dorlin gold property in French Guiana.The companies are carrying out a 1,600-metre, small-diameter program to test the …
ODDS’N’SODS — The tragic disappearance of OTriple S’ Saxon
Stanley S. Saxon, known affectionately as “Triple S”, was a tall, personable man, as well-known in northern Ontario for the role he played in managing the Aunor gold prospect, near Timmins, as he was …
Encanto prospect proves promising for Peruvian Gold
Preliminary trenching on the Encanto gold porphyry prospect on the Bonita concession in Ecuador is returning encouraging numbers for Peruvian Gold (VSE).The junior can earn a 60% interest in the prope…
Royal Mint unveils commemorative gold coin
The Royal Canadian Mint has launched the 1996 $200 gold coin, commemorating the transcontinental railroad.Valued at $414.95, the 22-carat coin honors the railway’s contribution to the formation of the…
Museum to host gold, jewelry exhibit
The Royal Ontario Museum in Toronto will host the Italian Renaissance-inspired gold and jewelry designs of the late Mario Buccellati and his son Gianmaria, beginning July 20.The exhibit, “Art of the G…
Coeur ups ante for Aussie company
New York-listed Coeur d’Alene Mines has increased the cash component of its offer to Gasgoyne Gold Mines.The offer to the Australian-listed company now stands at seven shares of Coeur plus A$96 for ev…