News

NEWS ROUNDUP — Kookaburra in Peruvian option

A letter of intent gives Kookaburra Gold (VSE) the right to earn a 60% interest in the San Jose copper prospect in the Atacama desert region of southern Peru. Kookaburra can earn the interest from Pan…


Mineral tenure dispute surfaces in Venezuela

At least one Canadian mining company could be affected by the outcome of a petition, filed in the Supreme Court of Venezuela, which challenges the authority of a state holding company to assign minera…


Prime proposes Stikine merger

After negotiating for more than a year, Homestake Canada and Placer Dome (TSE) have reached a stalemate on a proposal to convert Placer’s 44% interest in Stikine Resources to a direct interest in the …



GOLD FUNDS (July 12, 1993)

Gold Funds as of July 6 BGR Central Net Value $13.48 $6.01 Price $11.50 $6.250 Discount 14.66% 4.0% Value $75,483,000 $113,120,625…



Davidson Tisdale

Toronto-listed Davidson Tisdale can buy a 50% interest in the Davidson Tisdale and Beaumont properties near Timmins, Ont. Davidson, which already owns half the properties, can buy the additional inter…


Abior, Soquem in option deal

Montreal-listed Explorations Abior can earn a 50% interest in an 18-claim diamond property in the Desmaraisville area of northwestern Quebec, near Le Tac Twp. The deal is part of an option agreement w…



NEWS ROUNDUP — Cambior buying all of Grevet

The jointly owned Grevet zinc project southeast of Matagami, Que., will soon have one proprietor. Toronto-listed Cambior has reached an agreement (subject to regulatory approval) with Serem-Quebec to …


EDITORIAL PAGE — Mild relief for juniors

It took the Prospectors and Developers Association of Canada one and one-half years of quiet, behind-the-scenes diplomacy and just plain jawboning, but the effort was worth it. The Ontario government,…


NEWS ROUNDUP — Cominco options western lead-zinc

Base metal miner Cominco (TSE) has optioned the Swan and Rap lead-zinc properties in the Omineca region of northeastern British Columbia from Stratabound Minerals (ASE). Cominco can earn an initial 51…


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