Lihir announces public offering
A registration statement has been filed with the U.S. Securities and Exchange Commission relating to the sale of shares in newcomer Lihir Gold.The company, newly incorporated in Papua New Guinea, plan…
News
INSIDER TRADING — Officers of Kinross sell shares
Four senior officers of Kinross Gold (TSE) reaped the rewards of successful management and sold shares in the open market during recent weeks.According to the Ontario Securities Commission’s OSC Bulle…
Prime takes piece of Western Copper
An agreement between Prime Equities International (VSE) and Teck (TSE) will result in a change in control for Western Copper Holdings (TSE).Teck holds 2 million shares of Western Copper and plans to s…
Nuinsco pulls sulphides at Rainy River
An exploration drill hole at the Rainy River property of Nuinsco Resources (TSE), about 30 km northwest of Fort Frances, Ont., has intersected semi-massive to massive sulphide mineralization in mafic …
Campbell boosts mine reserves
Mine site exploration has earned Campbell Resources (TSE) substantial increases in reserves at the Santa Gertrudis mine in Mexico’s Sonora state and the Joe Mann mine south of Chibougamau, Que.At the …
Eastmain pulls gold at Reservoir
Drill results from the Reservoir project, 300 km north of Matagami, Que., spell good news for Eastmain Resources (CDN). And recent exploration successes at the Eastmain West property of Diabior Explor…
Major General busy in Maritimes
Ready to go underground on its Hammerdown-Rumbullion gold project near Springdale, Nfld., Major General Resources (VSE) has drill programs under way at projects in Newfoundland and New Brunswick.The c…
Feasibility study raises hopes for Greater Lenora
Interim results of the feasibility study under way at the Box and Athona gold deposits in northwestern Saskatchewan have confirmed a minimum minable reserve of 900,000 oz.Project operator Greater Leno…
Casmyn buys African properties
Nevada-based Casmyn (OTC) will buy a Zimbabwean mining company for US$4.5 million.The company, Matabeland Minerals, owns several producing gold properties in the southeast. Its principal asset is the …
PEOPLE — HOMESTAKE (September 25, 1995)
William Lindqvist appointed vice-president of exploration; and Jack Thompson appointed president and chief operating officer.
Glimmer and Golden Dragon to join forces
A plan of arrangement has been drawn up that will see Canadian Golden Dragon Resources (VSE) absorb all the assets and liabilities of Glimmer Resources (VSE).Upon recieving shareholder, regulatory and…
Tri Origin completes Sault drilling
Drilling at the Sault property of Tri Origin Exploration (TSE) has intersected “low but anomalous” gold values, and suggests there may be good potential for gold deposits.Seven holes, with a total len…