PEOPLE — AARON OIL (April 12, 1993)
Richard Garnett appointed director. N5…
News
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 …
Bema reworks debt terms
Bema Gold (TSE) wants to extend the term of its $5.6 million in convertible debentures. The company is proposing a 2-year extension on the maturity date to May 31, 1995, retaining the original 9% coup…
Engineering studies set for Cerattepe project
Through metallurgical and engineering studies at the Cerattepe copper project in Turkey, Cominco Resources International (TSE) is aiming for an early production decision. The focus is on the main high…
PEOPLE — BULLION REEF
Ed Gallagher, Jim Glass and Frank Hogg elected director. N5…