BGR increases net asset value
Year-end results for 1993 were reported by BGR Precious Metals (TSE), a closed-end investment firm specializing in precious metals investments. BGR had an increase in net assets to $93.5 million for t…
Articles by Northern Miner Staff
LAST BUT NOT LEAST — Agnico starts drilling in Joutel area
Gold miner Agnico-Eagle Mines (TSE) has begun surface drilling east of the Telbel mine, along the well-established Eagle-Telbel mine trend near Joutel, Que. The 23,000-ft. program, which will extend t…
LAST BUT NOT LEAST — Nucore, New Aegis test laterite zone
Trenching and sampling on two Venezuelan gold properties have returned encouraging results. Partners Nucore Resources (VSE) and New Aegis Resources (VSE) are exploring the Nuevo Corazon de Jesus (NCJ)…
PEOPLE — MODULE RESOURCES (April 18, 1994)
Marshall Bertram appointed executive vice-president.
PEOPLE — WEALTH RESOURCES (April 18, 1994)
Larry McLean appointed director.
PEOPLE — NEW ATHONA (April 18, 1994)
John Tokarsky, Harold Mason, Ray Hall and James Murlock appointed directors; George Breuler elected president.
PEOPLE — PIKES PEAK MINING (April 18, 1994)
James Komadina appointed executive vice-president.
PEOPLE — CENTRAL CRUDE (April 18, 1994)
Conrad Hache appointed president.
PEOPLE — GOLD RESERVE (April 18, 1994)
James Coleman appointed director.
PEOPLE — LOCKE RICH MINERALS (April 18, 1994)
Barry Dugal appointed director.
PEOPLE — GOLDEN COAST MINERALS (April 18, 1994)
Gary Schellenberg elected director and appointed president; Garth MacDonald, Kenneth Ralfs and Joseph Tarnowski elected directors.
Fewer garimpeiros active in Brazil
Two studies by Brazil’s national mining department indicate a sharp decline in garimpeiros activity. The U.S. Bureau of Mines reports that the number of garimpeiros in Brazil has fallen to 400,000 fro…