NATIVE DEVELOPMENT
When Sa Dena Hes was launched with official fanfare last fall, a special ceremony, rare and probably unique in the annals of Canadian mining, caught the spotlight. The Kaska Dena nation bestowed on Cu…
News
OPEN PIT UNDERGROUND
In attempting to extract every last tonne of economic ore out of the ground, Curragh has driven into the wall of the Faro open pit. This underground mine has been going since 1990. The portal is situa…
BIG FARO MILL FINE-TUNED FOR GRUM ORE
The Faro concentrator was initially a 5,000-tonne-per-day operation in the early 1970s. It has since been expanded several times so that today it can process 14,000 tonnes daily, which, says Ken Ball,…
FROM SUPPLY PACKER TO PRESIDENT
Colin Benner has been immersed in mining all his life. In fact, he was recruited by his prospector father at such an early age that skin tissue assays might yield fairly strong mineralization. Well –…
50 YEARS AGO (May 01, 1992)
VIOLA MACMILLAN HITS A HOMER A proposal by Mrs. George A. MacMillan, secretary of the Ontario Prospectors’ and Developers’ Association, to offer tax exemptions to corporations and individuals contribu…
GOLD FUNDS (April 27, 1992)
BGR Central Net Value $7.54 $5.00 Price $6.00 $4.400 Discount 20.39% 12.0% Value $44,878,000 $74,026,920…
American Ore
Calgary-based American Ore (ASE) will change its name to American Exploration and consolidate its shares on a 5-for-1 basis after shareholders approved the reorganization. The company says it is desig…
Goldmark financing
An agreement to issue 700,000 shares at 15 cents per share has been negotiated by Goldmark Minerals (VSE). Also, the company will issue 700,000 warrants entitling the purchaser to acquire, during a 2-…
Anglo plans new gold mine
A new gold mine will be developed by Anglo American Corp. in South Africa in the Moab area in the Orange Free State. The company said operations are scheduled to be under way in 1997. A 25-year life i…
Zinc conference
The American Zinc Association reported attendance of 470 at its initial International Zinc Conference recently at Palm Springs, Calif. Delegates from 24 nations registered. The zinc association is hea…
FINANCING (April 27, 1992)
Keywest Resources Ltd – 500,000 shs offered @ $1.10 per sh.
NEWS IN BRIEF (April 27, 1992)
Tournigan Mining Exploration Ltd. (TGN:VSE) has changed its name to International Tournigan Corp. (ITG:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Mont…