PEOPLE — JORDEX RESOURCES (January 17, 1994)
Mauro Coppola appointed director, Bahamas. He will also direct the company in gold exploration and acquisition activities.
Articles by Northern Miner Staff
N.W.T. diamonds show high quality: gem expert
One of many highlights of The Northern Miner’s recent tour of Lac de Gras, N.W.T., was a videotaped commentary by John Gurney. The diamond expert was discussing the quality of diamonds being recovered…
Golden trenches for Cathedral (January 17, 1994)
Thirty trenches have been completed across the Hicks shear zone on the Kaburi-Eldorado property in Guyana. Cathedral Gold (TSE) is earning up to a 90% interest and reports that, on average, the trench…
NEWS ROUNDUP — FMC writes down Beartrack
FMC Gold (NYSE) has written down the book value of the Beartrack gold project in Idaho. The gold producer recorded a 1993 fourth-quarter charge of about US$60 million, which includes an asset writedow…
No mega-projects for Amazon basin
Brazil will stop huge development projects in the Amazon basin and turn instead to smaller-scale efforts which are less harmful to the environment, President Itamar Franco announced recently. Franco’s…
Tenajon, Westmin study SB results
Partners Westmin Resources (TSE) and Tenajon Resources (VSE) are reviewing results of underground drilling completed last year on the SB property, near Stewart, B.C. The program, which consisted of 85…
Toronto Stock Exchange Indices (January 17, 1994)
— Week — Jan 11 Jan 10 Jan 7 Jan 6 Jan 5 High Low Composite”300″ 4447.43 4453.21 4420.66 4425.43 4401.08 4456.31 4286.54 Metals&Minerals 3605.15 3666.79 3628.37 3619.51 3594.26 3666.79 3495.59 Integ…
Golden Rule and Manson Creek restructure 1-m-unit financing
A previously announced financing deal between Manson Creek Resources (TSE) and Golden Rule Resources (TSE) has been restructured. Under the current deal, Golden Rule will subscribe to one million unit…
Cadington Resources changes course of business
Cadington Resources (CDN) is hanging up its pick axe to become an industrial and investment holding company. It plans to acquire or merge with businesses which have substantial cash flows and/or under…
EDITORIAL PAGE — Engineering some respect
Except for the period of the Industrial Revolution, mining through the ages has seldom been in the good books of society as a whole. The Roman poet Ovid around the time of Christ wrote of those “wicke…
Nymex enjoys a banner year
Metals futures trading in 1993 on the New York Mercantile Exchange (Nymex) jumped 19% over 1992 activity. The majority of those trades involved platinum futures (up 13%). The number of palladium futur…
LETTER TO THE EDITOR — More on Escondida discovery
I am writing with regard to the article “Arequipa eyes Peruvian copper” (T.N.M., Nov. 29/93) and the letter to the editor “Escondida find a team effort” (T.N.M., Dec. 20/93) about the Escondida discov…