News


Ashanti to increase African property portfolio

In an effort to increase its gold production in Africa, Ashanti Goldfields has announced plans to acquire Toronto-listed International Gold Resources (IGR).IGR’s principal asset is the right to acquir…


ODDS’N’SODS — High water and base language

I was employed at New Ontario Machine Works for many years, and it was 1936 when the shop received an urgent telephone call from the Desantis gold mine’s master mechanic, who was sending us the projec…


COMMENTARY — Community relations in P.N.G.

Placer Dome’s Porgera gold mine in Papua New Guinea (P.N.G.) is one of the more socially, politically and technically complex mining operations in the world. Besides the task of winning more than 400 …


Baylis to speak at CIM meeting

The president of Crown Butte Resources will speak at the April 18 luncheon of the Canadian Institute of Mining, Metallurgy & Petroleum, to be held at the Ontario Club in Toronto.John Baylis, who is al…


Miners and natives meet at forum

Improved relationships among First Nations peoples, resource companies and government were the focus of the recent Mining and Energy Forum, held in Lower Post, B.C.Hosted by the Yukon’s Kaska Dena nat…



Cata Preta returns good gold values

Drilling on the Cata Preta property in Brazil is returning gold values for Black Swan Gold Mines (TSE).The company has already issued the property vendor 8 million shares under an option agreement to …


Voisey Bay Res. in Indonesia

Voisey Bay Resources (VSE) will buy a 24.5% interest in four Indonesian gold properties held by Minorca Resources (ME).As consideration, it will pay US$2 million and 500,000 of its shares.Three of the…


FINANCING (April 08, 1996)

Santa Cruz Gold — 5,845,500 Units each consisting of one Common Sh and one-half of one Common Sh Purchase Wt to be issued upon the exercise of 5,845,500 previously issued Special Wts @ 50 cents per U…




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