Suppliers get serious about export market
Canadian producers of mining equipment and services are getting serious about marketing their know-how beyond their borders. And they are beginning to see the advantages of a co-operative, joint marke…
Articles by Northern Miner Staff
LETTERS TO THE EDITOR — B.C. ministry weak, unsupportive
Having read the British Columbia government’s A Mineral Strategy for B.C. — Discussion Paper, March, 1993, I can only conclude that the first half of the paper is a realistic appraisal of the problem…
Premier urges mining companies to market abroad
Ontario Premier Bob Rae urged Canadian mining companies to increase their foreign exposure, at a recent “Meet the Miners” reception at the Royal Ontario Museum in Toronto. Rae said that while his gove…
LAST BUT NOT LEAST — Saudi royal sells Horsham block
Prince Nawaf of Saudi Arabia has sold four million shares of Horsham (TSE) at US$11.62, cutting his ownership of the investment company in half to 4.5%. The shares were sold on the New York Stock Exch…
NEWS ROUNDUP — Republic announces Cuban deal
Toronto-based junior Republic Goldfields (VSE) in association with IMI Mineral Development, a geological consulting firm, has signed a letter of intent with the Cuban government to explore and develop…
NEWS ROUNDUP — Morrison Knudsen in Soviet venture
For the first time, a joint venture has been signed between the U.S. and a republic of the former Soviet Union. Morrison Knudsen (NYSE) has signed an agreement with the state-owned mining corporation …
Larder raises cash to purchase MCK
Toronto-listed International Larder Minerals has raised $2 million through the issue of 10 million shares at 20 cents each. Proceeds will be used to acquire a 49% interest in MCK Prospectors, which, i…
Sonora to acquire rest of Jamestown
Toronto-based Sonora Gold (TSE) has reached an agreement to acquire the remaining 30% interest in the Jamestown gold mine in Sonora, Calif., from a subsidiary of French conglomerate COGEMA. The purcha…
Court hears Teddy Bear application
The Ontario Court of Justice has heard the application by Teddy Bear Valley Mines (CDN) for a plan of arrangement under the Ontario Business Corporations Act. The plan seeks to: — reinstate the 430 s…
Redfern arranges $5-million financing
Further work on the Tulsequah Chief and Big Bull properties in northwestern British Columbia is being financed through a $5-million private placement through Goepel Shields & Partners. The placement i…
ODDS ‘N’SODS — Payoff at Sheep Trail
Exploring for gold is a risky business and sometimes, as when Homestake Mining sank $700,000 into a single 10,200-ft.-long exploration hole a few years ago, the gamble pays off. Thanks to a persistent…
Geophysics chair funded by mining
Subsidiaries of mining giants Inco and Teck have joined with the Natural Sciences and Engineering Research Council of Canada (NSERC) to finance a chair in exploratory mineral drilling. The geophysics …