Pathfinder options Buckhorn
Under an option agreement, Pathfinder Resources (VSE) can earn a 53-80% interest in the Buckhorn gold property from Equinox Resources (TSE). To do so, it must finance Equinox’s share of future expendi…
Articles by Northern Miner Staff
Glamis boosts gold production
Production of 77,882 oz. gold in fiscal 1993 enabled Glamis Gold (NYSE) to chalk up a 2% increase over 1992 production of 76,474 oz. Glamis operates two heap-leach mines in California and recently sta…
PEOPLE — ATTWOOD GOLD (August 30, 1993)
Estella Lo appointed director.
EDITORIAL PAGE — The unilateral edge
Papua New Guinea, a dependable partner in mining (until now at least), is sending confusing signals to the rest of the mining world. The latest such message was the announcement by the PNG government …
LETTERS TO THE EDITOR — Investing in diamond stocks not for
Sitting here in London, I have been intrigued by the amazingly ill-informed correspondence you have carried on the diamond exploration projects in the Northwest Territories. Most of the arguments seem…
Seabed volcano observed
Scientists have observed the beginning of a volcanic eruption on the bottom of the ocean off the coast of British Columbia. The research has implications for the mining industry because of what it may…
TSE Short Positions (August 30, 1993)
Semi-monthly reports as of Aug 15, showed 73,606,340 shares of 740 issues compared with 80,264,553 shares of 723 issues on Jul 31. Larger individual positions included: Aber 123,600; Amer. Barrick 143…
Financing (August 30, 1993)
Champion Bear Resources Ltd. — Private placement of 130,800 shs @ $2.75 on a flow-through basis. Solidor Resources Inc. — 600,000 units @ 40 cents and each unit consists of sh and 2 wts. 2 A wts buy…
Akiko announces work programs
Joint-venture exploration programs are under way at the White River claims in Ontario and the Crescent Valley project in Nevada, reports Akiko Gold Resources (VSE). The White River gold project will b…
Agnico sees potential in La Ronde’s Zone 20
The Zone 20 orebody at the LaRonde gold mine west of Val d’Or, Que., has the potential to increase reserves significantly, Agncio-Eagle Mines (TSE) reports. The company has calculated a preliminary re…
Minefinders options Nevada properties
Vancouver-listed Minefinders Corp. has optioned ground held by Equinox Resources (VSE) in northern Nevada. The three properties lie within either the Carlin Trend or the Battle Mountain Trend, both pr…
Drilling extends Botija deposit
The first three holes drilled in this year’s second-phase exploration program are expected to increase the geological resource of a deposit on the Petaquilla project in Panama. All three holes at the …