Rio Narcea explores Spanish prospects
Denver-based Rio Narcea Gold (TSE) has acquired its second group of gold exploration properties in northern Spain. The Ibias project, in Asturias province, includes 78 sq. km of investigation permits …
News
New silver zone uncovered by Holmer at Cuban project
A new silver zone, known as the Loma Hierro prospect, has been discovered by Holmer Gold Mines (ASE) on its Dora Francisco project 30 km west of the city of Pinar del Rio in western Cuba. Trenching an…
NEWS ROUNDUP — Advanced work at Potts Falls
Toronto-listed Adex Mining will carry out advanced exploration of its Potts Falls gold project in Guyana. Auger and diamond drilling, as well as trenching, will be performed to follow up the results o…
ODDS’N’SODS — Kirkland Lake, then and now
Fifty-eight years after my first arrival in Kirkland Lake, Ont., I returned this past July to enjoy Blue Diamond Anniversary Week. In 1936, the first government-owned post office was yet to appear. A …
Hall of Fame nominates 16
The annual fund-raising dinner of the Canadian Mining Hall of Fame is scheduled for Jan. 9, 1995, at Toronto’s Royal York Hotel. Sixteen individuals have been nominated for election to the Hall of Fam…
Int’l Platinum files financial data
Toronto-listed International Platinum (IPC) has filed its 1993 and year-to-date financial statements with the Ontario Securities Commission (OSC). In late May, the OSC imposed a cease-trading order ag…
Caledonia acquires Spanish gold mine
In a deal retroactive to Jan. 1, 1994, Caledonia Mining (TSE) has increased, to 83.2% from 24.8%, its interest in the Filon Sur gold mine in southern Spain. The mine, which employs 45 people, is in Hu…
INSIDER TRADING — Pure Gold officer exercises options and
The president of Pure Gold Resources (TSE) exercised options and sold shares in July. According to the Ontario Securities Commission’s OSC Bulletin, Donald Sheldon exercised 115,000 options at 33 cent…
MSV prepares Eastmain project for production
The owner of the Eastmain gold project in northern Quebec will receive a $3.4-million grant under a federal-provincial subsidiary agreement on mineral development. MSV Resources (ME) says the recently…
EDITORIAL PAGE — Whitehorse Initiative puts ball in
It is easy for the mining industry to be cynical about government’s willingness to take action to protect its future in Canada. And it is probably easy for environmentalists and labor groups to be cyn…
PEOPLE — GREATER LENORA (September 12, 1994)
Charles Pitcher appointed president and chief operating officer.
PEOPLE — HYCROFT RES.
David Birkenshaw appointed director.