Toronto Stock Exchange Indices (April 04, 1994)
— 1994 — Mar 29 Mar 28 Mar 25 Mar 24 Mar 23 High Low Composite”300″ 4393.61 4487.97 4528.29 4569.65 4609.93 4609.93 3518.31 Metals&Minerals 3669.09 3766.35 3742.90 3802.51 3870.68 3879.59 3495.59 In…
Articles by Northern Miner Staff
Asia Pacific funds Thai potash study
Financing is in place for completion of a 2-year program aimed at delineating a potash resource at the Udon Thani concession in northeast Thailand. Asia Pacific Resources (VSE) holds a 75% interest wh…
Uranium Resources to gain from pact
Dallas,Tex.-based Uranium Resources (TSE) is in a strong position to benefit from the recently signed uranium trade agreement between the U.S Department of Commerce and the Russian government. “We bel…
Goldcorp Inc. amalgamation
Shareholders of CSA Management (TSE), Goldcorp (TSE) and Dickenson Mines (TSE) have formally agreed to form a new company, to be known as Goldcorp (see T.N.M., Feb. 14/94). The plan was approved by 99…
NEWS IN BRIEF (April 04, 1994)
Zicton Gold (ZGL:ASE) has changed its name to Saddle Mountain Mining (SLD:ASE) on a share-for-share basis.
LAST BUT NOT LEAST — Globex finds more gold at Tarmac
Three holes have intersected additional gold mineralization at Globex Mining’s (ME) Tarmac property in Dubuisson Twp., Que. Hole G-94-13 intersected 0.5 ft. averaging 1.52 oz. gold per ton at a depth …
LAST BUT NOT LEAST — Arequipa plans funding
With fundraising plans in place, Arequipa Resources (VSE) expects to boost its interest in Peruvian-based Acuarios Minera y Exploradora to 50% from 20%. Arequipa acquired the initial 20% interest last…
U.S. Antimony producing again
Having avoided bankruptcy, United States Antimony is again producing gold on a small scale. More than 250 oz. per month is being produced from its Yellowjacket property in central Idaho. (The mill is …
Adex options Guyanese project
Under an option agreement, Adex Mining (TSE) can acquire up to a 60% interest in the Potts Falls gold concession in Guyana. Adex can earn the interest from Giddings Industrial Development Co., a priva…
Orvana expands Bolivian activities
An agreement for joint exploration in Bolivia has been negotiated by Orvana Minerals (TSE) and its Bolivian partners, Empresa Minera Unificada S.A. (EMUSA) and Merwin Bernstein. The agreement includes…
MacDonald Mines secures financing
A numbered Ontario company has agreed to underwrite private placements of MacDonald Mines Exploration (CDN). The placements will be in the form of treasury shares and warrants and will be worth up to …
Government of Ghana reducing Ashanti stake
The parliament of Ghana has authorized the government to privatize gold producer Ashanti Goldfields. Minister of Finance and Economic Planning Kwesi Botchway told Agence France Presse in Accra that “t…