Cambior in deal with Golden Star
Montreal-based Cambior (TSE) can earn a half interest in Golden Star Resources’ (TSE) Gross Rosebel gold property in Suriname. The property, 80 km south of Paramaribo on the coast, comprises 170 sq. k…
News
LAST BUT NOT LEAST — Imperial shares up for grabs
Five European shareholders of Imperial Metals (TSE) have filed notices of their intention to sell up to a total of 20 million shares of the company. The holding represents 38% of Imperial’s 52 million…
LAST BUT NOT LEAST — TVI finances Philippine exploration
To finance further exploration in the Philippines, TVI Copper (ASE) hopes to raise $6.4 million from two separate private placements. In the first financing, 4.5 million shares will be issued at $1.10…
LAST BUT NOT LEAST — San Andreas sues Ramrod
TSE-listed San Andreas Resources and some of its shareholders have filed a lawsuit against Consolidated Ramrod Gold (TSE). The litigation concerns an agreement in March whereby Ramrod was to acquire a…
EDITORIAL PAGE — Under siege
We’ve mentioned in the past that there once was a time when few professional investors would touch any mining stock with projects south of the Rio Grande in Mexico. Now, we read that some money manage…
Stewart area an anomaly of activity in idle B.C.
While exploration and development are declining in many parts of British Columbia, the region surrounding the historic mining town of Stewart, B.C., is anything but quiet. The mineral-rich district is…
Gaspe workers sign contract
Unionized workers at the Gaspe Mines division of Noranda Minerals voted recently to accept a new 3-year contract after going on strike for two weeks. The 440 union members voted 58% in favor. The work…
American Res. begins drilling Argentine project
The international exploration division of BHP Minerals has started drilling the Agua Rica copper-gold project, owned by American Resource (NASDAQ) and situated in northern Argentina. The program follo…
NEWS IN BRIEF (June 20, 1994)
Golden Trio Minerals (GIO:VSE) has changed its name to PCS Wireless on a 1-new-for-2-old-share basis.
ODDS’N’SODS — Russian tailings offer investment
Western companies have recently expressed interest in Russia’s mineral resources and mining industry — interest which is justified in view of the tremendous resource capabilities of that country. Jus…
PEOPLE — AKIKO GOLD (June 20, 1994)
Roland Ridler appointed director.
LAST BUT NOT LEAST — Claimstaker eyes Blackdome mine
Junior Claimstaker Resources (VSE) is planning a diamond drill program for the Blackdome gold mine, a former producer near Clinton, B.C. The company has agreed to acquire the mine, together with a 200…