Aur picks up option on Chilean gold property
Vancouver-listed Southern Rio Resources has dealt Aur Resources (TSE) an option to earn 75% of its Patagonia gold property, which straddles the boundary between Chile and Argentina.Aur can earn a 60% …
News
ASE halts trading of Timbuktu
The Alberta Stock Exchange has halted trading of Timbuktu Gold (ASE) after drill results from its Sitakili property in Mali sent the company’s stock price into orbit.Assays from two of 17 reverse-circ…
FINANCING (April 22, 1996)
Eastmain Resources — 4,050,000 Common Shs and 2,025,000 Common Sh Purchase Wts issuable upon the exercise of Special Wts previously issued.
LATIN AMERICAN SPECIAL — Bolivia’s mineral wealth attracts companies
Bolivia has long been known for its mineral wealth, and, in recent years, the country’s relative political stability has resulted in an influx of junior exploration and development companies.The count…
Roxmark Mines steps up work in Ontario’s Geraldton camp
Already the principal land holder in the Geraldton camp, Roxmark Mines (TSE) has added the Northern Empire property, near Beardmore, Ont., to its stable of properties.Situated 80 km west of the Magnet…
COMMENTARY — Responsible mining abroad
Plain common sense and adherence to ethical standards are the best guides to carrying out mining activities in the developing world.Nevertheless, in the words of the great modern thinker and writer, J…
Demand for uranium on the rise
Though the Wyoming State Geological Survey does not expect a uranium boom comparable to that of the early 1970s, it predicts yellowcake will again become a major mineral product there and contributor …
McGill to host engineering seminar
The Department of Mining and Metallurgical Engineering at McGill University will present a 2-day course on surface analysis techniques as part of its ongoing professional development seminars.Directed…
X-Cal signs deal
Toronto-listed X-Cal Resources and New York-listed Amax Gold have signed an “area agreement,” aimed at combining their adjacent properties in northern Nevada.The combined land package stands at 10,000…
STOCK MARKETS — Markets swoon over Swan, golds lose ground
The Toronto Stock Exchange saw an active trading period, including a wild trading day and a record level for the TSE 300 composite index, during the period ended April 16. The index closed up at 5,085…
CIM meeting attracts foreigners
The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will hold its annual meeting and trade show from April 28 to May 2 in Edmonton, Alta.Attendance is expected to approach 3,000, with some …
B.C. and Australia strike regulatory agreement
The British Columbia Securities Commission (BCSC) and the Australian Securities Commission (ASC) have signed a memorandum of understanding, providing for regulatory co-operation between them.The agree…