Tajikistan to double gold production
According to Georgi Koshlakov, chairman of Tajikistan’s State Economic Committee, national gold production in 1991 was closer to 72,500 oz., and is expected to double over the next few years. The auth…
1992
LATIN AMERICA — Free-trade agreements in the works
Separate free-trade deals are in the works by Mexico with a pair of South American countries and five Central American nations. Mexico, Venezuela and Colombia hope to have an agreement signed by year-…
LETTERS TO THE EDITOR — Gerard defends labor leaders
Your editorial “Self-serving labor leaders” (T.N.M., June 15/92) is quite out of character for The Northern Miner. It is such a gratuitous, hysterical, falsehood-laden personal attack on myself and th…
Noranda, Inco on top-10 list of mining firms
Canadian mining giants Noranda (TSE) and Inco (TSE) were among the top 10 mineral producers in the western world in 1990, according to Who Owns Who In Mining 1992, published recently by London-based R…
FINANCING (July 13, 1992)
International Brace Res Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 54 cents per unit..TDRT Res. Ltd. – 1,000,000 shs offered @ 16 cents per sh.Swannell Minerals Corp. – 2,250,000 shs …
LETTERS TO THE EDITOR — Validating Flag’s claims
Flag Resources reported (T.N.M., June 15/92) that analyses from the first 1,500 ft. of core from its hole indicated enrichment in elements found in Sudbury ores. Flag specifically referred to the nick…
Falconbridge set to resume drilling at White Star property
Falconbridge will resume drilling on White Star Copper Mines’ (CDN) 160-claim B property near Timmins, Ont., by mid-July, said Vice-President of Exploration Michael Knuckey. As part of a regional sear…
Ontex financing for court appeal (July 13, 1992)
Directors of Toronto junior Ontex Resources (ASE) have given the green light to a $300,000 private placement financing consisting of 600,000 common shares priced at 50 cents each. Subject to regulator…
Teddy Bear shuffle is ruled `improper and invalid’ by court
A judge for the Ontario Court of Justice has ruled that the 1984 transfer of at least 1.23 million shares of Teddy Bear Valley Mines (CDN) from the Teddy Bear Valley Syndicate to former chairman Ross …
Audrey wins a reprieve on US$12.1 million of debt
Still seeking a way to finance development of new reserves at its Mobrun polymetallic mine near Rouyn-Noranda, Que., Audrey Resources (TSE) has won another reprieve on debts owed to Elders Finance Inc…
Dia Met’s diamond pipe may be one of several — (Part three
Kimberlite pipes are uncommon but they rarely occur singly. If one is discovered, there will almost certainly be others in the vicinity. The pipes form patternless clusters seemingly devoid of any geo…
KWG to pay $1.3 million for Thierry copper-nickel mine
An option agreement to acquire a 100% interest in the former Thierry copper-nickel mine and mill complex at Pickle Lake, Ont., has been entered into by KWG Resources (ME) with Etruscan Enterprises (VS…