Canadian firms buy Australian explorer
Consortium of three juniors takes up 80% interest in Kinver Four Canadian companies have banded together to buy a majority interest in Australian firm Kinver Mining.The conglomerate — including Elles…
News
Auspex, Vestor size up Feitais massive sulphide
Partners Auspex Minerals (APJ-V) and International Vestor Resources (IVS-V) have released initial results from their surface drill program on the Feitais deposit in Aljustrel, Portugal.To date, four h…
INDUSTRIAL MINERALS — Non-metallics making money coast to coast
Northern Miner StaffOften overshadowed by metals and hydrocarbons, the industrial minerals sector was a $3-billion business in 1997, providing about 15% of the value of Canada’s mineral production. Ad…
Aurizon sets production records
Thanks to improved operations at its half-owned Sleeping Giant and Beaufor gold mines in Quebec’s Abitibi region, Aurizon Mines (ARZ-T) has posted record gold production for the first three quarters o…
Careers (October 19, 1998)
Svedala Industries Canada Inc.
Canarc deals Mexican option to Noranda
Canarc Resource (CCM-T) has agreed to a $312,000 private placement financing with a major shareholder.The financing consists of 780,000 shares at 40 cents each and 390,000 warrants, exerciseable at 60…
Bresea merger on hold
A takeover offer from MacDonald Mines Exploration (MMP.A-A) that would have seen a merger with moribund Bresea Resources has been scotched by Bresea’s receiver, Pricewaterhouse Coopers.MacDonald offer…
Argentina Gold reports hot holes at Veladero gold-silver property in San Juan
Argentina Gold (ARP-V) has pulled some impressive results from its Amable target, part of the Veladero project in the western province of San Juan.Analysis of the first 182 metres of hole 79 indicated…
Sikaman expands exploration portfolio
Toronto-based Sikaman Gold Resources (SKG-T) has expanded its domestic exploration portfolio by optioning three base metal properties in central and eastern Canada.In the Rouyn-Noranda region of Quebe…
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Meetings (October 19, 1998)
Oct. 19, Arlington Oct. 19, Int’l CanAlaska Oct. 19, McWatters Oct. 19, Minorca Oct. 19, Tapajos Gold Oct. 19, White Swan Oct. 20, Bushman Oct. 20, CKD Ventures Oct. 20, Coast Falcon Oct. 20, Fancamp …
VenCan cuts Edwards lease
VenCan Gold (VCG-M) has announced it is terminating the lease under which River Gold Mines (RIV-T) operates VenCan’s Edwards gold mine northeast of Wawa, Ont.Under the terms of the lease, VenCan recei…