1994

Starmin, Ivanhoe deal closes

A previously announced arrangement involving Starmin Mining (TSE) and privately owned Ivanhoe Goldfields has closed. The agreement took effect Aug. 11; Starmin shares are trading on a 3-for-1 consolid…


New Island hits gold at Glover

Alberta-listed New Island Minerals has received encouraging gold assays from sampling on its Glover Island property in central Newfoundland. The samples were collected from an outcrop area measuring 2…


Field conference set for Sudbury

The fourth annual CIM Geological Society Field Conference will take place Sept. 19-21 in Sudbury, Ont. Titled “Exploration and mining geology of world class deposits: strategies for success,” the conf…


Mongolian data package complete

The Geophysical Exploration Technology of the University of Leeds has completed a year-long collaboration study with Mongolian Geological and Geophysical Exploration to compile aeromagnetic data for M…


Troilus contract to SNC-Lavalin

A contract for engineering and construction management of the concentrator, tailings storage and associated infrastructure at the Troilus gold project north of Chibougamau, Que., has been awarded to S…


Record price for Nymex seat (August 15, 1994)

A New York Mercantile Exchange (Nymex) seat sold recently for a record US$555,000. The futures exchange trades oil and gas and platinum and palladium contracts. Meanwhile, the Commodity Futures Tradin…





Montanore drops property option

Noranda Minerals, a U.S. subsidiary of Noranda (TSE), reports that an option held by Montanore Reserves to reacquire a 45% interest in the Montanore silver-copper project expired July 29. As a result,…


Green light for Kodiak project

Construction can now begin on the Kodiak heap-leach gold project at Golden Bear mine in northwestern British Columbia. North American Metals (VSE) received the required mine development certificate fr…


NEWS IN BRIEF (August 15, 1994)

Leader Mining Corporation (LMC:ASE) has changed its name to Leader Mining International Inc. (LMN:ASE) on a 1-new-sh-for-5-old-shs basis.


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