LAST BUT NOT LEAST — Early redemption
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…
News
Aquiline lands Mexican copper
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…
PEOPLE (September 13, 1993)
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…
Minefinders tests Sawyer potential
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…
LAST BUT NOT LEAST — RTZ selling Indal assets
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…
THE LATIN BEAT — Gold Vessel releases trenching results
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…
Rio Algom sells potash division assets
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…
Wheaton River put to test at Golden Bear
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…
Las Vegas show
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…
THE DIAMOND PAGE — Kennecott’s underground program dispels
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 …
NEWS ROUNDUP — Gold Vessel buys Suriname interests
Alberta-listed Gold Vessel Resources, a subsidiary of St. Genevieve Resources (ME), has signed a deal to earn an interest in three properties in Suriname. Two of the properties comprise 20,000 hectare…
NEWS ROUNDUP — Musto completes metallurgical study
With a final feasibility study due by the end of October, International Musto Explorations (VSE) is seeking partners for its Bajo de La Alumbrera project in Argentina. Several major companies reported…