Toronto-listed United Keno Hill Mines has filed a preliminary prospectus relating to an offering of an unspecified number of treasury shares. Proceeds of the transaction will repay short-term debt and…
A private Ontario company has made a deal to earn 45% of Southern Arizona Mining & Smelting’s (CDN) interest in the Magondi polymetallic property in Zimbabwe. Southern Arizona is earning a 75% interes…
Toronto-listed Northgate Exploration has called for redemption of its $40 million of 10% subordinated debentures issued in 1988. The redemption will occur 19 months ahead of the February, 1995, maturi…
To diversify its property holdings, Aquiline Resources (VSE) has acquired options on three copper projects in Mexico. The properties, which include the SJ, MDC and CLD, are easily accessible and featu…
MORGAIN MINERALS — Alfonso Daco appointed vice-president of Minera MGM S.A. de C.V. RICH COAST — Randall Pow appointed director. ORCANA RES. — Alfonso Daco appointed vice-president of Minera Orcana…
The results of a 38-hole program representing 4,000 ft. at the Sawyer gold property in North Carolina indicate the potential for three open-pit zones, Minefinders (VSE) reports. One of the pits, to th…
Most North American operations of Toronto-based Indal are being sold to MB Caradon of the United Kingdom. Indal, owned by RTZ Pillar (a unit of New York-listed RTZ), is a diversified industrial compan…
Alberta-listed Gold Vessel Resources continues to perform surface-trenching and geochemical sampling on its CHOCO-6 property in Venezuela’s El Callao district. So far, sampling has turned up two areas…
Toronto-listed Potash Corp. of Saskatchewan (PCS) will buy the potash division of Rio Algom (TSE) for $160 million, plus working capital. Rio retains a royalty interest in the relevant properties. Alt…
Despite a stormy past, the Golden Bear mine in northwestern British Columbia is being given a second chance by Wheaton River Minerals (TSE). Wheaton reached an agreement with Homestake Mining (NYSE) t…
The bulls and bears of the newsletter world are being rustled together for a special session at the Investment in Mining conference, to be held this month in Las Vegas, Nev. Such newsletter luminaries…
Some weeks ago, rumors were flying that Kennecott was about to pull out of the diamond exploration effort in the Northwest Territories. Those rumors, which originated somewhere in the U.S., were laid …
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