PEOPLE — INT’L TOURNIGAN (December 06, 1993)
James Curtis appointed director.
Articles by Northern Miner Staff
PEOPLE — CANADIAN COMSTOCK EXPL.
Reno Vultaglio appointed director.
First-half mine openings, closings in near-balance
Among the trends that can be traced through this mining year is a significant rise in the number of gold operations reopened and base metal mines suspended (see Table 1) as of July 1. With 16 openings…
Dyno Nobel meets ISO 9000 standard
The Sudbury, Ont., plant of Dyno Nobel has become the first explosives facility in North America to meet the ISO 9000 standard. The ISO 9000 quality control standards were developed by the Internation…
DIAMOND PAGE — Cross Lake joint venture has hopes pinned on
Drills are turning on the Cross Lake kimberlite target in the Northwest Territories, with at least five holes planned. Ashton Mining of Canada (TSE) is earning a 51% interest from Pure Gold Resources …
Republic finishes equity financing
A private placement of several hundred thousand units of Republic Goldfields (VSE) has been completed. The placement has gross proceeds of US$1.6 million, with each unit priced at US$2.25. A unit cons…
FINANCING (December 06, 1993)
Kingsvale Res. — 937,500 shs @ 75 cents. Penn-Gold Res. — 600,000 shs @ 46 cents. Wheaton River Minerals — 3,575,000 units issuable upon exercise of special wts, each unit consisting of one common …
Cambridge looks at Europe and CIS
The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe. Among the companies attracted to this new climate is Cambridge Mineral Consultants. Re…
Bishop plans percussion drilling
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Aronos expected to make Mexican production decision
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda to develop copper-gold plays in northern Chile
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
STOCK MARKETS — Stagnation settles in over western markets
With the Christmas doldrums fast approaching, western markets finished little-changed over the period ended Nov. 30. Although weak oil prices helped push gold down to the US$370-per-oz. level, the yel…