NEWS ROUNDUP — Cambior increases Omai interest
The majority owner of the producing Omai gold mine in Guyana has increased its interest by 5%. Cambior (TSE) has exercised an option granted by Golden Star Resources (TSE) and will pay $2 million to G…
News
Boart wins safety award
The Mines Accident Prevention Association of Ontario (MAPAO) has given Boart Canada its 1992 Award of Excellence in safety and loss control. The annual award recognizes the company that reduces medica…
Toronto Stock Exchange Indices (May 03, 1993)
Apr.27 Apr.26 Apr.23 Apr.22 Apr.21 High Low Composite”300″ 3691.22 3683.81 3685.42 3665.71 3663.65 4009.47 3009.91 Metals&Minerals 2856.26 2829.40 2814.06 2812.59 2857.25 3453.06 2502.63 Integrated Mi…
PEOPLE — YANKS PEAK RESOURCES (May 03, 1993)
James Andrews appointed president and director; David Rinker, Lakhwinder Janda, J. Andrusko, Michael Sanguinetti and Carl Forbes appointed directors.
NO HEADLINE (May 03, 1993)
Red Fox Minerals — 1,000,000 units @ 50 cents per unit each (unit consists of 1 sh and 2 series A share purchase wts).
PEOPLE — GOLDRUSH CASINO AND MINING
Robert Adsit appointed vice-president, U.S. marketing and public relations.
LATIN AMERICA ROUNDUP — Vengold plans major financing
Recently improved gold prices should enable three major brokerage houses to complete a $42-million private placement for Venezuelan Goldfields (VSE). First Marathon Securities, Yorkton Securities and …
STOCK MARKETS — Gold stocks charge ahead as gold tops US$350
Gold stirred from a lengthy slumber during the week ended April 27, gaining more than US$10 to US$350 per oz. in New York and sending gold shares to new 52-week highs on the Toronto Stock Exchange. Th…
LATIN AMERICA ROUNDUP — Drilling expands Petaquilla
With the completion of a first phase of drilling on the Petaquilla property in Panama, Adrian Resources (VSE) believes the potential geological resource is over and above the one billion tons identifi…
BOOKS IN BRIEF — Wyoming’s mineralization studied
Study of Metals and Precious Stones in Southern Wyoming, Geological Survey of Wyoming, P.O. Box 3008, University Station, Laramie, Wyoming 82071, U.S.A. US$12. The GSW’s Mineral Report 93-1 summarizes…
Lockout in force at Myra Falls mine
A lockout notice was delivered recently by Westmin Resources (TSE) to 364 unionized employees at its Myra Falls mine near Campbell River, B.C. Westmin said protracted negotiations with Canadian Auto W…
ASE requests fire assays of Focal drill samples
The Alberta Stock Exchange has requested that Focal Resources (ASE) retain a Canadian laboratory to fire-assay core from ongoing drilling on a metallic mineral lease in northeastern Alberta. The compa…