PEOPLE — CONS. McKINNEY RES.
Glen Naka and Richard Evans appointed directors.
News
Global Stone buys Chemstone Corp.
Industrial minerals and aggregates producer Global Stone (TSE) has reached an agreement with Meriwether Capital to acquire all the issued and outstanding shares of Chemstone Corporation. In addition t…
NEWS ROUNDUP — Repadre closes Nicaraguan deal
Toronto-based Repadre Capital (TSE) is buying a 5% net smelter return royalty and a 6% net profit interest in the Limon-India gold operation in Nicaragua. It will receive the royalties in return for p…
JUNIOR MINING SPECIAL — Record gold, silver output boosts
New gold and silver production records were set by Echo Bay Mines (TSE) in 1993 and the Denver-based company is expecting similar output this year. Gold output increased to 873,890 oz. last year, up 1…
JUNIOR MINING SPECIAL — Musselwhite a hotbed of activity
Perched on the southern shore of Opapimiskan Lake in the remote bush of northwestern Ontario is a project that Placer Dome (TSE) believes will be Canada’s next bullion producer. Musselwhite, a joint v…
Cusac brings Table Mountain to life
Ever since the Cassiar asbestos mine closed more than two years ago, this British Columbian town has been a shadow of its former self — until recently, that is when Cusac Industries (TSE) began breat…
JUNIOR MINING SPECIAL — TVX expands reserves and develops
Toronto-based TVX Gold (TSE) is optimistic about the coming year now that Inco (TSE), has sold the public its 61.8% stake in the company. The sale prompted TVX Chairman Eike Batista to assemble a new …
Rewards outweigh risks in Ivory Coast, bordering nations
Two recent developments in Africa — the election of Nelson Mandela as the new leader of South Africa and the decision by the government of Ghana to sell a considerable chunk of the Ashanti mine — ar…
Tri Origin hits new mineralized zone
Toronto-based Tri Origin Exploration (TSE) has discovered a new zone at its Lewis Ponds polymetallic project in New South Wales, Australia. The mineralized structure exists below a major fault structu…
Valerie plans Cone drilling
A drilling program is expected to get under way in mid-June on the Cone Hill property southwest of Williams Lake, B.C. Valerie Gold Resources (VSE) plans an initial 10,000 ft. of drilling, including e…
Elenita drilling winds down in Chile
Reverse circulation drilling has been completed on the Elenita oxide copper project near Antofagasta, Chile. Princeton Mining (TSE) drilled 3,000 metres, including 23 holes, designed to test a series …
Eden Roc exploration expands reserves
Long before West Africa caught the attention of mineral explorers and investors, Eden Roc Minerals (TSE) began searching for gold in the cocoa plantations and tropical jungles of Ivory Coast. Their se…