Altai expands project search
Toronto-based Altai Resources (TSE) is expanding its search for international projects. The junior already has prospects in Canada, the U.S., Guyana, Peru and Ghana — and at the recent annual meeting…
News
Monarch raises funds for Venezuelan gold prospects
United Kingdom-based Monarch Resources has agreed to sell 7.4 million ordinary (common) shares at $4.50 per share to raise roughly $33.4 million. Proceeds from the offering (which is not available to …
Rhand-Oxford deal quashed
An agreement between Rhand Industries (ASE) and Oxford Investment over the sale of a 70% interest in Atlantis Diamonds has been canceled by mutual agreement. “Unforeseen delays and the inability of Ox…
COMMENTARY — Japan’s zinc-lead Toyoha mine a study of
Up on the island of Hokkaido, almost in the northern-most point of Japan, the Toyoha mine is in full swing. The zinc and lead mining operation is a study of extremes, especially during winter months a…
LETTERS TO THE EDITOR — Mineral processing deserves more
Covering a sizable range of issues from exploration to mining to markets, staff at The Northern Miner certainly grind out a trusty source for the ranks of the industry. Its depressing, though, that th…
PEOPLE — AMBERGATE (June 20, 1994)
Hugh Mogensen appointed director.
PEOPLE — ANTILLES RES. (June 20, 1994)
Mel Zajac appointed director.
CaribGold Resources announces encouraging Cuban drill
Toronto-listed CaribGold Resources has drilled nine holes on the Descanso-Melonera project in west-central Cuba. Three holes were drilled at Descanso, four at Melonera and two at Oropesa, a new area w…
Metall Mining gives Troilus the go-ahead
After deciding earlier this year to shelve the Izok Lake base metal project in the Northwest Territories, Metall Mining (TSE) has given the go-ahead for development of a gold project in northwestern Q…
Firesteel plans drill program
Exploration will begin in mid-July on the Zo lead-zinc-gold-silver property in the Tulsequah region of northwestern British Columbia. The property, owned by Firesteel Resources (ASE), has not been dri…
Minorca financing Terneras work
Vancouver-listed Minorca Resources is issuing 380,000 common shares in a private placement at 79 cents per share. The junior will use the $300,200 in proceeds to complete a feasibility study of its Te…
LAST BUT NOT LEAST — Eurus gets payment extension
Junior Eurus Resource (VSE) has been granted a 4-week extension to pay US$1.6 million owed to Crystallex International. The payment is one of a series Eurus is required to make to maintain its option …