PEOPLE — CYPRUS CLIMAX METALS (January 09, 1995)
William Champion appointed senior vice-president of copper operations; C. Consulas appointed vice-president and general manager of the Bagdad copper mine.
Articles by Northern Miner Staff
Negotiating an overseas property agreement (2)
The author concludes his 2-part article, the first instalment of which described the principal elements of the standard mineral option and joint-venture agreement used in Canada and the U.S. The secon…
OBITUARY — Roy Saukko
The owner of Diamond Indicator Processing, Roy Saukko, died unexpectedly at his residence in Thunder Bay, Ont. He was 59. Saukko was born in Toronto and later attended the University of Toronto. He wa…
New PNG government spells progress for Lihir
The outstanding issues hindering development of the Lihir gold deposit in Papua New Guinea (PNG) are being resolved, according to 20% participant Niugini Mining. Nuigini is held about 56% by Battle Mo…
Gulf confirms Tajikistan venture
Following a recent change of government in the former Soviet republic of Tajikistan, Gulf International Minerals (VSE) has confirmed its joint-venture agreements on several properties. Gulf can earn a…
Adrian Resources to buy own shares
Convinced its share price is undervalued, Adrian Resources (TSE) plans to acquire up to 1 million shares of its capital stock through a normal course issuer bid. Adrian’s major asset is its interest i…
Scintilore seeks to raise $640,000
Two arm’s-length private placements are intended to raise $640,000 for Scintilore Explorations (TSE). The placements consist of 1.6 million shares priced at 40 cents each, with warrants entitling the …
PEOPLE — CYPRUS AUSTRALIA COAL
J. Cook appointed president.
Santa Fe Gold adds to holdings
Reno-based Santa Fe Pacific Gold (NYSE) has leased two gold properties in Nevada’s Carlin Trend from Minefinders (VSE). The Gutsy and BM properties are about 2 miles northwest of the Rain gold mine. S…
Mutual closes African property agreements
A previously announced agreement involving the Bilpraw gold concession in central Ghana has closed. The deal allows Mutual Resources (VSE) to earn a 55% interest in the concession by paying $75,000 an…
Majors eye junior active in Brazilian gold camp
The promise of political and economic reforms in Brazil has put the spotlight on newly listed Santa Elina Gold (TSE), a junior company which has been exploring and developing gold mining properties in…
Drilling under way at Big Gossan
Drilling of the western extension of the Big Gossan copper-gold deposit in Indonesia has returned high-grade values for Freeport-McMoRan Copper & Gold (NYSE). Situated 1 km from the company’s mill on …