First feed at Omai gold mine
First feed for the mill at the new open-pit Omai gold mine in Guyana was received Dec. 15, owners Cambior (TSE) and Golden Star Resources (TSE) report. Tonnage milled will be increased progressively a…
News
METALS MARKETS — Metals markets in unsettled state
World trade in metals continues to be disorderly. Potential mining properties are being placed on hold because of declining markets and onerous government approval regulations. Returns on existing pro…
San Andreas focuses on reserves
With a 1,200-ton-per-day mill almost ready to turn over and two million tons of ore reserves, San Andreas Resources (VSE) could have a mine operating at the Prairie Creek mine project in the Northwest…
PEOPLE — WINTERS GOLD HEDLEY
Praveen Varshney appointed president and director; Hari Varshney and Raj Chowdhry appointed directors.
PEOPLE — SIERRA MADRE RESOURCES
Praveen Varshney appointed president.
PEOPLE — NERCO (December 28, 1992)
Gerard Drummond elected chief executive officer; William Glasgow elected senior vice-president; Lawrence Heiner elected president and chief executive officer.
PEOPLE — SARABAT GOLD (December 28, 1992)
Randy Turner appointed director.
PEOPLE — SIERRA MADRE
Hari Varshney, Praveen Varshney and Raj Chowdhry appointed directors.
PEOPLE — ANNEX EXPLORATION
Lawrence Barr appointed director.
PEOPLE — LONGOLD RESOURCES (December 28, 1992)
Anthony Cohen appointed president and director; Diane Travnik appointed director.
Allegheny plans work program
Exploration is scheduled to begin on Allegheny Mines’ (ASE) 47-claim Atiko-Sapawe Gold Mines property, 20 miles east of Atikokan, Ont., in 1993. Working with a new structural interpretation of the pro…
Starmin financing
Starmin Mining (TSE) announced completion of a private placement, subject to regulatory and other approval, to an Alberta subscriber consisting of a minimum of 326,078 units and a maximum of 652,174 u…