William to build plant
William Resources (WIM-T) will shortly begin constructing a carbon-in-leach plant at its Bjorkdal open-pit mine in northern Sweden.The Toronto-based company recently received approval from Sweden’s Li…
News
Northair targets Venturina for bulk-tonnage potential (April 13, 1998)
A first phase of exploration has begun on the Venturina property in Mexico’s Chihuahua state.A wholly owned Mexican subsidiary of International Northair Mines (INM-V) can acquire a 100% interest in th…
Verena picks up more ground
Verena Minerals (VMCO-C) has signed a deal with Ouro Brasil (OOB-V) to boost its interest in a 36,000-ha gold exploration property in Brazil.In order to increase its interest in the Conceicao de Norte…
Curator looks for partner
International Curator Resources (IC-T) continues its search for a joint-venture partner to help advance its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, to final feasibility.The Va…
CIM celebrates centennial
As the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is celebrating its 100th birthday, it is only fitting that its founding father, Benjamin Taylor A. Bell, was among the latest induct…
Vengold offering may net $46 million
A syndicate of underwriters, led by Midland Walwyn Capital, have entered into a financing agreement with Vengold (VEN-T) to purchase up to $46 million worth of its shares.The underwriters have agreed …
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…
THI buys into Angolan project
Trans Hex International (THI-T) is acquiring a 37.5% interest in three diamond properties in northern Angola.The terms of the agreement call for Trans Hex to acquire 75% of the half-interest currently…
Index (April 13, 1998)
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Partners set to bring drills back to South Voisey’s Bay
Northern Abitibi (NAI-V), Donner Minerals (DML-V) and Teck (TEK-T) are gearing up for the 1998 drilling program on the South Voisey’s Bay property in Labrador.The proposed exploration program consists…
Rayrock moves to swallow Minera
Rayrock Yellowknife Resources (RAY-T) is expected to succeed in a bid to take over Minera Rayrock (MRN-T), in which it currently owns a 37.5% interest (19.1 million shares).Rayrock, a Toronto-based go…
PEOPLE — SEARCHGOLD RES.
Michael Page and Alain Dufour elected directors.