PEOPLE — CYPRUS COPPER (April 12, 1993)
James Sturgess appointed vice-president, environmental affairs. N5…
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PEOPLE — CYPRUS SIERRITA
Randall Scott appointed vice-president and general manager. N5…
Adrian negotiates for Geo Recursos
A letter of intent allows Adrian Resources (VSE) to buy the issued and outstanding shares (and shareholders’ loans) of Geo Recursos, a Panamanian company holding the Cerro Petaquilla concession in tha…
PEOPLE — AARON OIL (April 12, 1993)
Richard Garnett appointed director. N5…
LATIN AMERICA ROUNDUP — Morgain drills Sonora property
A drilling contract representing about 5,000 ft. of percussion drilling is under way at the Cuatro Hermanos copper property in the Mexican state of Sonora, Morgain Minerals (VSE) reports. A program of…
PEOPLE — LOCKE RICH MINERALS (April 12, 1993)
J. Laughlin, Jean Claude Bonhomme, Douglas Ford, Granger Cumberford and William Gilmore elected directors. N5…
LATIN AMERICA ROUNDUP — Carson financing under way
The first closing of a planned 3-million-unit brokered private placement, at $2.04 per unit, has been completed by Carson Gold (VSE). The initial placement totals 1.025 million units, of which 725,000…
PEOPLE — CANADIAN COMSTOCK EXPL
John Gray appointed director. N5…
PEOPLE — LUCKY BREAK GOLD (April 12, 1993)
Michael Scott appointed director and elected president. N5…
PEOPLE — RADCLIFFE RESOURCES (April 12, 1993)
Jeff Eng and Richard Pearson appointed directors.
Cambior, Soquem to raise $140m
Gold-producer Cambior (TSE) and Soquem are going to the market with an offering to raise $140 million. Cambior, based in Val d’Or, Que., and Soquem, the Quebec Crown exploration company, have conclude…
Amax advancing Guanaco mine
The Guanaco mine in northern Chile is gearing up, with a Merrill Crowe processing plant recently constructed. Amax Gold (NYSE), 90% owner, expects the heap-leach operation to start producing in April …