News

A US$60-million capital development fund is being formed to provide financing to small-to-medium-sized mining companies in Latin America. To be known as the Oroya Mining Development Fund, it will be m…

It was quite a sight. At a console, set up in a hall at the Metro Toronto Convention Centre, sat an Inco employee, his eyes fixed on a video monitor in front of him, his hands working the joy sticks o…

Most of the mines now abandoned in the hills and mountains of Arizona, as well as those that are a part of open-pit operations, required outside financing to operate. Few miners had the money to opera…

Regarding your Commentary titled “Philippine mining struggles” (T.N.M., April 18/94), you failed to highlight the tremendous opportunities that exist because of the current plight of the industry in t…

TSE-listed Adrian Resources has retained Yorkton Securities to arrange the sale of its interest in the Eskay Creek gold project north of Stewart, B.C. As a result of a staking gap, Adrian holds a port…

Junior New Canamin Resources (VSE) has contracted Kilborn Engineering to carry out a feasibility study of its Huckleberry property near Kemano, B.C. The company is in the midst of a 12,000-metre infil…

The future appears much brighter for Nuinsco Resources (TSE) now that it has settled its lawsuits, resolved its debt situation, obtained new financing and had its trading suspension lifted. The junior…

Florian Riedl-Riedenstein appointed director.

Victor Evans appointed director.

Andy Robertson appointed director.

Michael Zuber appointed president, C.E.O. and director.

Lars Vannman appointed chairman; Alfred Lenarciak appointed vice-chairman.