LAST BUT NOT LEAST — Nora raises $150,000
Montreal-based Nora Explorations (ME) has completed a $150,000 private placement. The funds will be used to explore the company’s alluvial gold and diamond Kade concession in Ghana, West Africa, as we…
News
LAST BUT NOT LEAST — CMJ starts Prospector’s Page
Beginning this summer, prospectors will have the opportunity to promote their properties on a special “Prospector’s Page” in Canadian Mining Journal (CMJ). The CMJ will publish 120-word descriptions o…
Int’l Platinum shares halted, independent consultant hired
Toronto-listed International Platinum (IPC) has hired the U.S. geological and engineering firm of Behre Dolbear & Company as its independent technical consultant. Behre Dolbears’ initial assignment is…
JUNIOR MINING SPECIAL — Cambior expands operations both at
Total gold production of Cambior (TSE) is expected to increase by about 10% this year to nearly 580,000 oz. The Montreal-based company is counting on a full year of production from its 65% owned Omai …
JUNIOR MINING SPECIAL — Companies target gold and
Olympic Dam-type deposits in northeastern Yukon and hardrock gold targets in the Klondike are keeping several exploration companies busy this season. Joint-venture partners Westmin Resources (TSE), Ne…
LAST BUT NOT LEAST — Princeton sells rest of Teranov
TSE-listed Princeton Mining has sold the remaining half interest in Teranov Mining to Cliff Resources (TSE). Black Hills Minerals of Australia holds the other 50% interest in Teranov, which operates a…
Gold Funds (May 30, 1994)
BGR Central Net Value $17.37 $6.92 Price $15.75 $7.375 Premium 6.6% Discount 9.35% Value $141,156,000 $133,482,338…
Stroud buys two Ontario gold projects
Toronto-based Stroud Resources (TSE) has assumed total ownership of the Hislop Twp. and Leckie gold projects in northeastern Ontario. The junior bought a 20% net profits interest in the Hislop deposit…
NEWS IN BRIEF (May 30, 1994)
Primo Gold (PRI:VSE) has changed its name to Primo Resources (PRI:VSE) on a share-for-share basis.
Cambior options Golden Star play
An agreement with Golden Star Resources (TSE) gives Cambior (TSE) the right to earn a half interest in the Yaou-Dorlin gold project in French Guiana. The project covers two prospects (Yaou and Dorlin)…
Correction (May 30, 1994)
The correct spelling of a company referred to in the March 7 and May 16 editions is International Homestead Resources (VSE), not International Holmstead. The Northern Miner regrets any inconvenience t…
STOCK MARKETS — TSE listless despite gold, base metals
Last week’s gains in base metals prices continued, but these were outshone by gains made by precious metals. Commodity prices, however, had little effect on the Toronto Exchange Stock composite 300 in…