N.A. Rare Metals to join Sunstate
North American Rare Metals (ME) is set to amalgamate with Sunstate Cablesystems. Prior to doing so, North American will create a wholly owned subsidiary into which it will transfer all its assets. All…
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LAST BUT NOT LEAST — Joint venture to buy Cassiar assets
Three companies have exercised an option to acquire the relevant assets and properties of Cassiar Mining. Cliff Resources (TSE) holds 30% in the joint venture, with an overriding 3.3% royalty on gross…
THE DIAMOND PAGE — Rhonda estimates diamond grade from small
Following drilling at its Snowden, Sask., joint-venture project, Rhonda Mining (ASE) reports that Hole 93-2 contained a 1.17-metre, bedded tuff unit averaging 52 carats per 100 tonnes, with a 0.5-mm c…
PEOPLE — TEXAS STAR RESOURCES
Robert Allen appointed vice-president, exploration.
PEOPLE — INT’L LARDER MINERALS (February 14, 1994)
John Cowans and Donald McKinlay appointed directors.
PEOPLE — NEWMONT GOLD (February 14, 1994)
Michael Moran elected vice-president, engineering services.
U.S. MINING REPORT — Nevada’s Carlin Trend supports numerous
One would be hard-pressed to name a richer North American gold mining complex than the Carlin Trend in Nevada. The Goldstrike property of American Barrick Resources (TSE) contains about 22.5 million o…
LAST BUT NOT LEAST — Keno compiles reserve data
Consulting firm Watts, Griffis & McOuat is poring over exploration and reserve figures for the Galena Hill silver-lead mine in the Yukon in preparation for underground drilling, to begin in May. Owner…
LAST BUT NOT LEAST — Golden Star affiliate in French Guiana
New York-listed Asarco has signed an option agreement with Guyanor Resources S.A., a wholly owned subsidiary of Golden Star Resources (TSE). Asarco will earn a half interest in Golden Star’s St. Elie …
Metallica options Frida concession
An option agreement has been signed, affecting the Frida gold concession in southeastern Venezuela. Over a 30-month period, Metallica Resources (CDN) can buy all the shares of vendor Minera Sabine for…
NEWS ROUNDUP — Madsen suing ministry
In an unusual reversal of roles, a mining company has announced its intention to sue the government of Ontario. Madsen Gold (TSE) has served the required 60-day notice of its intention to take legal a…
U.S. MINING REPORT — Exploration revival on Battle-Eureka
The southern portion of the Battle Mountain-Eureka Trend in eastern Nevada has heated up since Homestake Mining (NYSE) announced an impressive gold discovery there late last year. Since the discovery …