Inter-Rock funds development at Daisy
Montreal-listed Inter-Rock Gold will raise $3.5 million to finance development at the Daisy gold project near Beatty, Nev.The funds will be raised by offering units, the price of which will be establi…
Articles by Northern Miner Staff
Kinross closes new transactions
A group consisting of Nesbitt Burns, Midland Walwyn Capital, Scotia-McLeod, CIBC Wood Gundy, First Marathon Securities, Richardson Greenshields of Canada and Goepel Shields and partners has acquired 7…
Altai adds to Asian portfolio
Altai Resources (TSE) has acquired a 40% working interest, plus a 10% net smelter return, on a nickel-cobalt property in the Philippines, and plans to carry out a feasibility study this year.The 17-sq…
Granduc Mining and Black Hawk consolidate BT JV
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Meetings (February 12, 1996)
MEETINGSFeb. 19, Banner Feb. 19, Mispec Feb. 19, Navarre Feb. 20, Camphor Feb. 20, FMCI Precious Metals Feb. 20, Rankin Feb. 20, Royal Crest Feb. 20, Texas Star Feb. 20, Zim-Gold Feb. 21, Lucas Gold F…
Asquith and United Reef explore gold property in CAR
Partners United Reef (TSE) and Asquith Resources (CDN) will explore and develop the Roandji gold property in the Central African Republic.The 2,000-sq.-km property includes historic deposits that prod…
Rea Gold brings San Antonio into the 1990s
One thing better than learning from your own setbacks is learning from other people’s. Rea Gold (TSE), now readying its Bissett project in eastern Manitoba for production, is taking history’s lessons …
Laramide, Gerle drill Pragedia
Drills are turning at the Pragedia project in Mexico’s Sonora state.Vancouver-listed partners Laramide Resources and Gerle Gold, which hold 50% and 32% interests, respectively, expect to complete 1,00…
Gencor buys into Eldorado and affiliate
As part of a plan to expand internationally, South-African based Gencor has invested US$150 million in Eldorado (TSE) and its exploration affiliate, HRC Development (VSE).In the equity-for-asset swap,…
Breakwater, Noranda ink deal on zinc property
Noranda Mining & Exploration, a division of Noranda (TSE), has signed a deal with Breakwater Resources (TSE) for a majority share of Breakwater’s Cadieux zinc property.Noranda can earn a 51% stake in …
Gold Reserve ups Brisas Resource
Spokane-based Gold Reserve has increased the geological resource at its Brisas concession in Venezuela’s Kilometre 88 district.The addition of 631,000 oz. gold and 83 million lb. copper brings the tot…
Nuclear waste topic of AECL hearings
Atomic Energy of Canada’s proposals for managing the disposal of nuclear fuel waste will receive public hearings in Ontario in March, April and May.Phase I hearings will take place in Toronto and Pick…