NEWS ROUNDUP — $10 million for Manhattan
A $10-million private placement will enable Manhattan Minerals (VSE) to explore and develop three properties in Mexico. Most of the proceeds ($6 million) will be spent on the Moris gold project in the…
News
Westmin to process Snip concentrates
The Premier Gold mill is being modified to process 8,000 tonnes of concentrates from the Snip gold mine in northwestern British Columbia. Westmin Resources (TSE) will process a year’s production from …
EDITORIAL PAGE — Diamond standard needed
The Australians did it. American regulators followed suit. And Canadians should do it, too . . . . . . Introduce diamond reporting standards, that is. In the early 1990s, a group of Australian diamond…
COMMENTARY — Thailand’s potash potential
A 75% improvement in North American grain yields between 1965 and 1990 reflected a tripling of fertilizer application rates, as high-yielding crop varieties generally require more fertilizer. A long p…
Republic Goldfields finds two new zones
Vancouver-listed Republic Goldfields has identified two potential open-pit zones at the Congress gold project in Arizona. Reverse circulation drilling has partially defined the Golden Wave and Bellick…
NEWS ROUNDUP — Glimmer considers more drilling
Additional drilling is being considered for the Hislop gold property, east of Timmins, Ont. Partners Hemlo Gold Mines (TSE) and Glimmer Resources (VSE) are tentatively planning a 5,240-metre program c…
New development plan for Eskay
A decision to sell Eskay Creek ore directly to smelters will benefit Prime Resources Group (VSE) in two respects. The company, which owns the high-grade gold project north of Stewart, B.C., can expect…
NEWS ROUNDUP — Skyline outlines Bronson porphyry
Toronto-listed International Skyline Gold has released a reserve estimate for its Bronson Slope property in northwestern British Columbia. Based on 2,855 ft. of drilling last fall, combined with 7,461…
Nebex hits gold in Shear 20 zone
A hole drilled by Nebex Resources (ASE) to test a deep, induced-polarization anomaly has intersected what appears to be a new gold zone near Yellowknife, N.W.T. Averaging 0.32 oz. gold per ton over 16…
Mineral investments in China
China represents one of the last great frontiers for mining companies looking for global possibilities, says Metals Economics Group in China: Emerging Minerals Opportunities. The study cites three fac…
PEOPLE — TELLIS GOLD (February 21, 1994)
Rupert Galliers-Pratt appointed chairman and director; C. Cole appointed president; William Meek appointed vice-president and director; W. Webb appointed vice-president (US) and director; William Graf…
PEOPLE — PANARIM RESOURCES (February 21, 1994)
William Radvak appointed president and director; Rachel Alter appointed director.