Lac management accepts Barrick offer
In a move that took many investors by surprise, American Barrick Resources (TSE) announced it had signed an agreement with takeover target Lac Minerals (TSE) to acquire all outstanding shares of the l…
Articles by Northern Miner Staff
PEOPLE — ATHLONE RES.
Paul Reynolds appointed director and president.
Drills turning at Lewis Ponds
Toronto-listed Tri Origin Exploration has completed two drill holes and four wedged holes on its Lewis Ponds property in New South Wales, Australia. Hole 32, north of the deposit, intersected a 41-met…
Minefinders encouraged at Dolores
VSE-listed Minefinders is encouraged by results from geological mapping, prospecting and sampling at its Dolores gold-silver property in northern Mexico. The property is in the Madera mining district,…
Sutton acquires Tanzanian prospect
Under an agreement with the Tanzanian government, Sutton Resources (VSE) has gained an 85% net interest in the Bulyanhulu gold deposit about 40 miles south of Lake Victoria. Under the agreement, Sutto…
Meliadine drilling cuts gold values
Drilling on the Meliadine project near Rankin Inlet, N.W.T., is returning gold values for joint owners Cumberland Resources (VSE) and Comaplex Resources (TSE). The current program includes closely spa…
Martel accused of violating Privacy Act
Ontario’s privacy commission has decided that the province’s mines minister, Shelley Martel, revealed “personal information” about an Ottawa man and, consequently, has violated the Freedom of Informat…
Control at Imperial changes hands
Control of Imperial Metals (TSE) is now in the hands of Calgary investor N.M. Edwards. Through a private financial corporation, Edwards will buy the 20-million-share block held by a group of five Euro…
PEOPLE — FARALLON RES. (August 29, 1994)
Robert Hunter appointed director and chairman; Ronald Thiessen and Jeffrey Mason appointed directors.
September acquires Liberty Bell rights
An exploration program by Hemlo Gold Mines (TSE) will test the overall potential of a land package encompassing the past-producing Liberty Bell gold mine, 80 miles south of Fairbanks, Alaska. Historic…
EDITORIAL PAGEA — Politics of exclusion
It is hard to imagine, particularly after the Meech Lake fiasco, why any government would negotiate agreements of major public interest behind closed doors. But concern is growing in British Columbia …
COMMENTARY — Rising copper consumption
Western world refined copper consumption rose 2% to 10.2 million tons in 1993, the eighth consecutive year of record consumption. In the past three years, we have come through a major Western World re…