Glen Auden options two gold properties
Vancouver-listed Seawest Resources can earn a half participating interest in the Moody Twp. gold prospect of Glen Auden Resources (CDN). The 89-claim property is near Timmins, Ont. To earn the interes…
News
Vengold shareholders await results
The annual meeting of Venezuelan Goldfields (TSE) was a low-key affair, with little news conveyed about the junior’s properties in Venezuela’s Kilometre 88 district. So far, 20 holes have been drilled…
NEWS ROUNDUP — Ecudor, Dianor to explore property
Montreal-listed partners Societe Miniere Ecudor and Ressources Dianor report that exploration will begin soon on their Adanac gold property near Rouyn-Noranda, Que. Geophysical surveys by 30%-owner Di…
JUNIOR MINING SPECIAL — Espalau extends mine life at Dona
When sold last summer, Placer Dome’s (TSE) Dona Lake mine, near this northern Ontario town, appeared to be nearing the end of its productive life. But now, some 10 months later, mining operations are …
JUNIOR MINING SPECIAL — Expansion in works at Dome, Detour
Despite the lingering recession and lacklustre gold prices, the Dome and Detour Lake mines of Placer Dome (TSE) are buzzing with excitement. At Dome, that optimism has spread throughout Timmins, as re…
JUNIOR MINING SPECIAL — Weatherhaven chief combines business
When it comes to venturing into forbidding, faraway lands, James Allen has few equals. For the past 14 years, the bluejean-clad president of Burnaby, B.C.-based Weatherhaven Resources has been churnin…
PEOPLE — GINCHO INT’L VENTURES
Mousseau Tremblay, Andrew Malim and Norman Baldwin appointed directors.
PEOPLE — CONS. McKINNEY RES.
Glen Naka and Richard Evans appointed directors.
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…