Having staked 200 hectares near Rayon, Sonora (135 km northeast of Hermosillo, Mexico), Aronos Multinational (CDN) will stake an additional 300 hectares to expand its placer gold area. The property ha…
A 48% interest in the Petaquilla property in Panama was incorrectly reported (“Panama boasts mining potential,” T.N.M., Mar. 15/93) as belonging to Minnova (TSE). Minnova’s ownership is through a 50/5…
The Diablillos gold project is the second property recently acquired by Pacific Rim Mining (VSE) in Argentina. The first was La Colorada, a Sedex-type, massive sulphide prospect near the Aquilar distr…
A brokered private placement will enable Arizona Star Resource (VSE) to fund additional exploration on the Aldebaran gold property in Chile. The placement totals 1.5 million units at 60 cents per unit…
With so many Canadian companies active in Latin America and other foreign locales, this year’s convention of the Prospectors and Developers Association of Canada (PDAC) had a distinctly international …
Montreal-based KWG Resources (ME) has recovered a small macrodiamond from its kimberlite pipe in Guigues Twp., near Notre-Dame-du-Nord, Que. The colorless diamond, measuring 2x1x0.5 mm, was extracted …
Ameri Minerals, a private company, has agreed to buy 1.94 million or 60% of the outstanding shares of Scarlett Minerals (ME) from Noramco Mining (TSE) and Gothic Resources (ME). When the transaction i…
Gold miner Pegasus Gold (TSE) plans to enter phase three of work at the Talapoosa property in Lyon Cty., Nev. It is earning a 70% interest in Talapoosa from Athena Gold (VSE) by making payments totali…
The commission probing the fatal Westray mine explosion in Nova Scotia wants the federal government to release all documents pertaining to the mine. The commission warns it is prepared to take the mat…
Newfoundland and Labrador have changed their mining tax policy to encourage investment. Provincial corporate taxes will now be creditable against mining taxes for a mine’s first 10 operating years. Al…
A 2,000-metre program is under way at the Lewis Ponds polymetallic prospect in Australia, reports Tri Origin Exploration (TSE). The drilling is intended to expand a known inventory of 1.5 million tonn…
The isolation of many mining camps can affect workers in various ways. Over the years, and at numerous operations, I have observed that the poker game is most likely to occupy idle miners. At times, t…
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