TSE SHORT POSITIONS (August 16, 1993)
Semi-monthly reports as of July 31, showed 80,264,553 shares of 723 issues compared with 82,360,427 shares of 728 issues on July 15. Larger individual positions included: Aber 117,500, up 10,500; Agni…
Articles by Northern Miner Staff
LAST BUT NOT LEAST — Soquem drills Virginia bet
Drilling is under way on the Sagar-1 property near Fermont, Que., report partners Virginia Gold Mines (ME) and Soquem. The program is designed to confirm the presence of a large zone of copper and pre…
LAST BUT NOT LEAST — Asset writedown on boron venture
A 48% investment in a Chilean boron company is causing plenty of headaches for Boron Chemicals International (VSE) and parent company Trans America Industries (VSE). Boron Chemicals recently negated i…
Lac posts loss in second quarter
Citing lower realized gold prices and a decrease in production, Lac Minerals (TSE) reported a loss of US$800,000 for the quarter ended June 30 compared with second-quarter earnings of US$4.4 million (…
U.S. REPORT — Inventory sought of abandoned mines
The U.S. federal government has been asked to conduct an inventory of abandoned mine sites. The request came from the president of the American Mining Congress (AMC), John Knebel, who asked for an inv…
Busy summer for Stewart area
The Stewart camp in northwestern British Columbia is abuzz this summer as work programs fly into full gear on several advanced projects. The largest is being carried out by Lac Minerals (TSE) on the R…
Newhawk drilling at Sulphurets
Two separate drill programs are being carried out this summer by Newhawk Gold Mines (TSE) on the Sulphurets property, 60 km north of Stewart, B.C. Work on the 60%-owned Bruceside project is to focus o…
Athabaska revises Ramrod agreement
A revised agreement between Athabaska Gold Resources (TSE) and Consolidated Ramrod Gold (TSE) has been approved by Royal Oak Mines (TSE). Royal Oak, which owns 3.4 million shares of Athabaska, tried t…
Skyline to rerun Johnny Mountain
A limited production run is planned at the Johnny Mountain gold mine in northwestern British Columbia. International Skyline Gold (TSE) expects to mine and mill about 20,000 tons of material grading 0…
Goldbelt hosts delegation from Kazakhstan
The collapse of the Soviet Union has prompted a number of its former republics to seek non-traditional sources of capital to develop mining projects. In late July, a delegation from Kazakhstan visited…
NEWS ROUNDUP — Phelps Dodge options Curator ground
Copper giant Phelps Dodge (NYSE) has agreed to earn a 51% interest in International Curator Resources’ (VSE) DSA property in Idaho. To do so, Phelps must spend US$2.5 million over six years and pay Cu…
NEWS ROUNDUP — Ballatar to test near Sleeper mine
The AR claims next to Amax Gold’s Sleeper mine in Nevada will be tested this summer by 5,000 ft. of reverse circulation drilling, Ballatar Explorations (VSE) reports. The company hopes to intersect po…