Articles by Northern Miner Staff

THE LATIN BEAT — Eldorado constructing La Colorado

The environmental impact statement for the Colorado project in Sonora state has met with a positive review by Mexican authorities. Vancouver-listed junior Eldorado can now proceed with construction an…


NEWS IN BIREF

Kamad Silver Co. (KDS:VSE) has changed its name to Agate Bay Resources (ABE:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust.


LAST BUT NOT LEAST — Wye settles property dispute

A 4-year dispute over ownership of the Saganaga gold property, 87 miles west of Thunder Bay, Ont., has been settled. Originally, Wye Resources (CDN) held a 60% interest in the 42-claim property, with …




LAST BUT NOT LEAST — Early redemption

Toronto-listed Northgate Exploration has called for redemption of its $40 million of 10% subordinated debentures issued in 1988. The redemption will occur 19 months ahead of the February, 1995, maturi…


First prize: trip to Africa

In keeping with its African safari theme for the annual fall fair of The Women’s Association of the Mining Industry of Canada (WAMIC), the first prize in a raffle will be two tickets to South Africa. …


Chetwynd buys interest in granite property

An agreement has been reached allowing Chetwynd Resources (CDN) to buy a 25% interest in privately owned Positano Granite Products. Positano holds seven claims near Sudbury, Ont., which contain a gran…


High River sees African potential

Toronto-based High River Gold Mines (TSE) is turning some of its attention to Africa. The junior, which is developing a gold project in Manitoba, has signed a letter of intent with an unnamed private …


Tintina acquiring Yukon molybdenum property

Regulators have approved Tintina Mines’ (TSE) purchase of Amoco Canada Petroleum’s 50% interest in the Red Mountain molybdenum deposit. Tintina currently owns the other half. The deposit, 50 miles nor…


LAST BUT NOT LEAST — Eureka financing complete

Vancouver-listed Eureka Resources (VSE) has negotiated a private placement of slightly more than a million shares at 17 cents per share. The placement carried with it an option on an additional millio…


LAST BUT NOT LEAST — Queenston completes placement

Toronto-listed junior Queenston Mining (TSE) has completed a Euro Equity offering with European investors for 441,000 units at 85 cents per unit. The units consist of one share and one warrant; two wa…


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