Milner sells stake
Milner Consolidated Silver Mines (ASE) has entered an option agreement to sell its 25.5% interest in Minerales de Copan S.A. de C.V. to Fischer-Watt Gold (NASDAQ). The price is $1.4 million, to be pai…
Articles by Northern Miner Staff
STOCK MARKETS — Investors unflustered as high-flying gold
It seems that every time gold seriously assaults the $US400-$410-per-oz. trading range, it is rebuffed. It happened last year, when gold drove through the $US410-per-oz. mark and it happened again thi…
PRODUCER PRICES (January 17, 1994)
ALUMINUM: MW U.S. market US53.00-53.75 cents per lb. (Dec. 30, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
INSIDER TRADING — Vengold officers sell shares
Two officers of Venezuelan Goldfields (VSE) sold shares in November. According to the Ontario Securities Commission’s OSC Bulletin, officer and director Glenn Ives exercised 25,000 options at 50 cents…
LAST BUT NOT LEAST….Icon acquires Quebec zinc play
Junior Icon Resources (ASE) has agreed to acquire a 51% interest in the Hemmingford zinc property. The property, 35 miles south of Montreal, contains several geochemical zinc anomalies and has good po…
PEOPLE — GIANT BAY RESOURCES
Lee Tiong-Hock appointed director.
Caribgold commences work on pair of Cuban projects
Exploration and sampling are under way on Caribgold Resources’ (CDN) Santa Clara and Sierra Maestra properties in Cuba. Numerous samples from various showings are being processed and a drill program t…
Final feasibility for Fachinal expected by May
By May, Coeur d’Alene Mines (NYSE) expects to have a final feasibility study in hand for its Fachinal gold-silver project in southern Chile. The company bought Fachinal and six other Chilean precious …
Valdez acquires more Mexican claims (January 17, 1994)
Minera Valdez Gold S.A. de C.V., a wholly owned subsidiary of Valdez Gold (ASE), has staked additional ground in Sonora state, Mexico. The 177-sq.-mile property, known as Marisa, adjoins the company’s…
Hall of Fame inducts nine members at gala ceremony
Nine new members were inducted into the Canadian Mining Hall of Fame at a dinner and awards ceremony at the Royal York Hotel in Toronto. About 450 people attended the sixth annual banquet. Guests incl…
Pacific Metals options Mt. McKendrick gold play
Alberta-listed Pacific Metals has reached an agreement with Habsburg Resources (VSE) to earn a 49% interest in the Mount McKendrick gold showing near Smithers, B.C. The property consists of seven clai…
NEWS ROUNDUP — Fort MacKay drill core studied
Detailed chemical and mineralogical studies are under way on drill core from the Fort MacKay precious metal deposit in northeastern Alberta. The joint venture is owned by Toronto-listed Tintina Mines …