Miranda Industries is not the same company as Miranda Mining & Development, which is the company referred to in your issue of Dec. 30, 1996 (“Mexico sizzles for Miranda, Teck”). It is unfortunate that…
Recent changes to India’s mining regulations are paving the way for increased foreign investment in that sector and a stronger Indian economy.At a recent conference in London, B.P. Baishya, India’s mi…
Montreal-based Altavista Mines (AIA-M) has announced encouraging drill results from its Santa Anna gold property, 15 km southwest of La Sarre, Que.The new structure, called Zone 8, was first intersect…
Surface sampling by Joutel Resources (JTL-T) has uncovered a new gold zone on the Christina property in the Sierra Maestra region of southeastern Cuba.The new structure has an overall length of 114.4 …
The government of Kazakstan has rejected a proposal made by Teck (TEK-T) and First Dynasty Mines (FDM-T) to develop the Vasilkovskoye gold deposit.Situated in the country’s northern region, the deposi…
Bypassing the roundabout, acquisitive route followed by most major mining companies, Rio Algom (ROM-T) has made its own substantial grassroots discovery in Chile.The company has outlined a large coppe…
Drilling at Timbuktu Gold’s (TBT-A) Sitakili gold concession in Mali is set to begin, while a meeting to change the company’s name has been postponed.The Calgary-based junior has contracted Boart Long…
Wednesday, January 15, 1996Price (US)Week’s ChangeGold*$352.45- $3.35Silver*$ 4.65…
Junior Meridian Peak Resources (MRK-V) is forming a subsidiary to explore for gold in India.Although the formation of Meridian Minerals India (MMI) is still subject the the approval of Indian regulato…
Gitennes Explorations (GIT-A) has arranged a $4.2-million private placement financing with Teck (TEK-T) to help fund exploration in Peru.The transaction includes 1 million units of Gitennes at $4.20 e…
Junior Goldbrook Explorations (GDK-A) can earn a half interest in the Jubilee-Surluga gold property, near Wawa, Ont., from Citadel Gold Mines (CIGD-C).The 5,968-acre property includes 12 former gold m…
Diamond drilling at the Siwash gold mine near Merritt, B.C., continued during the third quarter of 1996, and Fairfield Minerals (FFD-T) remains encouraged by the results.Forty-two holes, drilled over …
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