TORONTO STOCK EXCHANGE INDICES (June 20, 1994)
— 1994 — June 14 June 13 June 10 June 9 June 8 High Low Composite”300″ 4198.57 4206.76 4210.51 4196.79 4201.26 4609.93 3518.31 Metals&Minerals 3761.68 3812.76 3770.71 3703.57 3653.62 3879.59 3273.56…
News
Cache releases Cuvier property results
Results from two drill programs indicate significant gold mineralization occurs on the Cuvier property near Chibougamau, Que. Last winter, Cache Explorations (ME) drilled 24 holes, which was preceded …
$1.4-billion Falconbridge issue one of the largest in Canada
Strong base metal markets, particularly for nickel and copper, have helped a syndicate of underwriters float one of the largest Canadian equity issues of all time. A prospectus for almost 72 million s…
Altai expands project search
Toronto-based Altai Resources (TSE) is expanding its search for international projects. The junior already has prospects in Canada, the U.S., Guyana, Peru and Ghana — and at the recent annual meeting…
Monarch raises funds for Venezuelan gold prospects
United Kingdom-based Monarch Resources has agreed to sell 7.4 million ordinary (common) shares at $4.50 per share to raise roughly $33.4 million. Proceeds from the offering (which is not available to …
Rhand-Oxford deal quashed
An agreement between Rhand Industries (ASE) and Oxford Investment over the sale of a 70% interest in Atlantis Diamonds has been canceled by mutual agreement. “Unforeseen delays and the inability of Ox…
COMMENTARY — Japan’s zinc-lead Toyoha mine a study of
Up on the island of Hokkaido, almost in the northern-most point of Japan, the Toyoha mine is in full swing. The zinc and lead mining operation is a study of extremes, especially during winter months a…
LETTERS TO THE EDITOR — Mineral processing deserves more
Covering a sizable range of issues from exploration to mining to markets, staff at The Northern Miner certainly grind out a trusty source for the ranks of the industry. Its depressing, though, that th…
PEOPLE — AMBERGATE (June 20, 1994)
Hugh Mogensen appointed director.
PEOPLE — ANTILLES RES. (June 20, 1994)
Mel Zajac appointed director.
CaribGold Resources announces encouraging Cuban drill
Toronto-listed CaribGold Resources has drilled nine holes on the Descanso-Melonera project in west-central Cuba. Three holes were drilled at Descanso, four at Melonera and two at Oropesa, a new area w…
Metall Mining gives Troilus the go-ahead
After deciding earlier this year to shelve the Izok Lake base metal project in the Northwest Territories, Metall Mining (TSE) has given the go-ahead for development of a gold project in northwestern Q…