Etruscan to test Hackett property
A $500,000 private placement by Etruscan Enterprises (VSE) will be used to explore its Hackett River property, 160 km northeast of Lac de Gras, N.W.T. The placement consists of 320,513 shares at a pri…
News
EDITORIAL PAGE — Well-deserved honor
It came as absolutely no surprise that Dia Met Minerals’ Charles Fipke was crowned Prospector of the Year at the annual convention of the Prospectors and Developers Association of Canada. He was the h…
Safety program tested at Cluff Lake
Workers at Cogema Canada’s Cluff Lake uranium mine in northern Saskatchewan are the first in Canada to use a training program in radiation protection. Designed at the Canadian Institute for Radiation …
Judge finds in Seabright’s favor
A Nova Scotian court has strongly rejected the $65-million claim of Westminer Canada Holdings and Westminer Canada against Seabright Resources. Instead, the former Seabright directors were awarded $10…
METAL PRICES — FREE MARKET (April 05, 1993)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 30 Mar. 29 Mar. 26 Mar. 25 Mar. 24 Copper 1434-1435 1434-1436 1441-1443 1474-14…
Reading our stock trading tables (April 05, 1993)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
St Andrew posts record production
Revenues and gold production for St Andrew Goldfields (TSE) reached record levels in 1992. The Stock Twp. mine, east of Timmins, Ont., produced 36,301 oz. from 191,152 tons grading 0.198 oz. gold per …
Drilling planned for Beatty-Hislop
Noranda Exploration has recommended further drilling at a property near Matheson, Ont., reports Glimmer Resources (VSE). Norex is exploring the property, in Beatty and Hislop Twps., on behalf of Hemlo…
LATIN AMERICA ROUNDUP — Aronos acquires Sonora ground
Having staked 200 hectares near Rayon, Sonora (135 km northeast of Hermosillo, Mexico), Aronos Multinational (CDN) will stake an additional 300 hectares to expand its placer gold area. The property ha…
Geomaque, Noranda in property deal
A letter of intent has been signed, allowing Noranda Exploration to earn half of a gold/base-metal property in Bourlamaque Twp. east of Val d’Or, Que., Geomaque Explorations (CDN) reports. Noranda mus…
Correction (April 05, 1993)
A 48% interest in the Petaquilla property in Panama was incorrectly reported (“Panama boasts mining potential,” T.N.M., Mar. 15/93) as belonging to Minnova (TSE). Minnova’s ownership is through a 50/5…
LATIN AMERICA ROUNDUP — Minefinders options Mexican
An option agreement has been concluded with a Mexican businessman to explore and develop the Dolores gold property in Chihuahua, Mexico, Minefinders (VSE) reports. Minefinders may assume total ownersh…