MSV to purchase Westminer assets
An agreement in principle has been reached between MSV Resources (ME) and Westminer Canada whereby MSV will purchase certain assets of Westminer, including the Copper Rand and Portage mines and the co…
News
New gold market
The International Gold Trade. By Tony Warwick-Ching. Published by Woodhead Publishing, Abington Hall, Abington, Cambridge, England CB1 6AH. US$150 (plus US$20 for postage and packaging). New markets a…
PEOPLE — AZCO MINING/SANCHEZ MINING — David Beling
John Sadowski appointed vice-president, exploration.
PEOPLE — SUNSTATE RESOURCES (February 15, 1993)
Jack Johnston appointed director.
PEOPLE — SILVER EAGLE RESOURCES
Jon Broderick appointed director and president.
GOLD FUNDS (February 15, 1993)
BGR Central Net Value $8.27 $4.99 Price $6.00 $4.40 Discount 27.47% 11.8% Value $46,342,000 $74,026,920.
FINANCING (February 15, 1993)
Eaglecrest Expl. Ltd. — 1,500,000 shs. @ 28 cents per sh. Wayside Gold Mines Ltd. — 200,000 units. @ 95 cents per unit. Brigadier Res. Ltd. — 215,000 units. @ 95 cents per unit.
Mine waste pilot program
A graduate program on mine waste issues is now available at Montana Tech in Butte, Mont. The program is designed to train students to identify and test technologies for mineral waste cleanup.
Pilot project completed at Cigar Lake project
A test phase of mining has been completed by Cigar Lake Mining at its Cigar Lake uranium deposit in northern Saskatchewan. The pilot project demonstrated that the high-grade orebody can be safely mine…
WGM to market Russian expertise
Toronto-based consulting firm Watts, Griffis and McOuat (WGM) has reached a joint venture agreement with Almazy Rossia-Sakha of Russia to provide exclusive diamond exploration and mining services to t…
Granges settles Oxford suit
A suit dating back to 1989 over a 9.167% interest in the Trout Lake polymetallic mine in Manitoba is now settled. Granges (TSE) acquired the interest from Outokumpu on March 22, 1989, prompting Oxford…
More drilling planned for Sulphurets properties
Exploration programs totalling $1.6 million were approved for the 1993 field season on two Sulphurets properties in northwestern British Columbia. About $1.1 million will be spent on the Bruceside pro…