PEOPLE — AKIKO GOLD (June 20, 1994)
Roland Ridler appointed director.
Articles by Northern Miner Staff
Hemlo finds gold
A new gold-bearing structure has been drilled by Hemlo Gold Mines (TSE) on the Lepine property in northwestern Quebec. The property is under option from Radisson Mining (ME). Gold is hosted within a m…
NEWS ROUNDUP — Lower sales for Highland Valley
Highland Valley Copper posted sales of $274.3 million for 1993, down from $373.9 million reported for 1992. The decrease is mainly due to lower copper prices. The open pit, near Logan Lake, B.C., prod…
Noranda arranges debenture issue
Resources giant Noranda (TSE) is hoping to raise US$300 million through a 10-year debenture offering. Proceeds from the 818% debentures (to mature June 15, 2004) will be used, in part, to buy addition…
Teck options claims
Drilling by Teck (TSE) will test extensions of known copper mineralization, as well as new targets, on the Rainbow claim group optioned from Getchell Resources (VSE). The major can earn a 70% interest…
Echo Bay options IGR ground in western Africa
Gold-producer Echo Bay Mines (TSE) can earn a half interest in the Ghanaian properties of International Gold Resources (TSE), excluding the Bibiani project area. IGR has six concessions totaling 200 s…
American Res. begins drilling Argentine project
The international exploration division of BHP Minerals has started drilling the Agua Rica copper-gold project, owned by American Resource (NASDAQ) and situated in northern Argentina. The program follo…
Rea Gold constructing Mt. Hamilton leach project
Construction of the Mt. Hamilton gold project in eastern Nevada is now under way and owner Rea Gold (TSE) expects to be in production by the fourth quarter. Yearly production at the planned open-pit, …
Television series to focus on mining
The Quebec Mining Association will be involved in the production of eight half-hour television shows about mining in Quebec and Canada. The series will be shown on Radio-Canada this summer and on Radi…
NEWS ROUNDUP — MSV hits zones at Cedar Bay
Montreal-listed MSV Resources has intersected five zones of gold-copper mineralization in one hole at the Cedar Bay mine near Chibougamau, Que. The best intersection averaged 0.445 oz. gold per ton an…
EDITORIAL PAGE — Under siege
We’ve mentioned in the past that there once was a time when few professional investors would touch any mining stock with projects south of the Rio Grande in Mexico. Now, we read that some money manage…
TSE committee to probe corporate disclosure
The Toronto Stock Exchange has established a committee on corporate disclosure in Canada. The committee will examine possible changes to the securities legislation governing continuous disclosure by p…