Atna encouraged by results from the DR
The results from a first phase of widely spaced drilling on the San Antonio I concession in the Dominican Republic leads Atna Resources (ATN-T) to believe it might have intersected the upper edge of a…
1999
SouthernEra strikes platinum, diamond deals
Nothing if not creative in its diversification plans, SouthernEra Resources (SUF-T) has announced deals to take over a development-stage platinum project in South Africa and to explore for diamonds in…
Cominco looking for new deal at Highland
The Highland Valley copper mine in southern British Columbia will close its doors on May 15, unless the owners can negotiate significant wage and power concessions to keep the mine operating profitabl…
PEOPLE — Great Western (May 03, 1999)
Wayne Schigol appointed director.
LETTERS TO THE EDITOR — Chemists deserve QP consideration
I read with interest the letter by Ed Alvarez that appeared in your March 15-19 issue, in which he proposes that chartered chemists be considered as “Qualified Persons.”I have no problem with this con…
PEOPLE — Galleria (May 03, 1999)
Gerard Edwards appointed director.
Golden Knight shareholders OK merger with Repadre
Shareholders of Golden Knight Resources (GKR-T) have approved a proposed merger with Toronto-based royalty company Repadre Capital (RPD-T).More than 99.6% of shareholders voted in favour of Golden Kni…
Asarco options Escalones from General Minerals
General Minerals (GNM-T) has optioned the Escalones copper-gold project in central Chile to Asarco (AR-N).Subject to due diligence, the major can earn a 60% interest in the project by paying all explo…
INSIDER TRADING — BT Funds unwinds Tri Origin position
Recent insider trading reports reported in the Ontario Securities Commission’s OSC Bulletin show that Australian-based investment fund BT Funds Management sold all its shares in Tri Origin Exploration…
Teck sells $125m in convertible debentures
Teck (TEK-T) has entered into a private placement underwriting agreement with TD Securities and Griffiths McBurney & Partners allowing for the sale of $125 million in adjustable-rate, 25-year debentur…
Champion arranges financing
Champion Resources (CHL-V) will finance a due diligence program on its wholly owned Farim phosphate project in Guinea-Bissau, West Africa, by selling a 3-million-unit, non-brokered private placement t…
LATIN AMERICA — Merger proposed for Alamos, Big Sky Res.
The management of Alamos Minerals (AAS-V) and Big Sky Resources (BKY-V) have proposed a merger.The plan of arrangement calls for Alamos to acquire all the outstanding shares of Big Sky, with the latte…