NEWS ROUNDUP — Placer gets $37,000 Hydro rebate
Ontario Hydro recently presented Donald Brisbois, manager of Placer Dome’s (TSE) Dona Lake mine, an incentive cheque for over $37,000. Under a Savings by Design Program offered by Hydro, the Dona Lake…
News
General Mining buys Cheni stake
Mining giant General Mining, Metals and Minerals recently agreed to purchase 3.2 million shares of Cheni Gold Mines (TSE) held by BRGM (Bureau de Recherches Geologiques et Minieres) of France. The pur…
GUEST COLUMN — Enshrining native self rule in Canada’s
New constitutional provisions enshrining aboriginal self-government have prompted expressions of grave concern from some associated with Canada’s resource industries. Ostensibly this concern is rooted…
LETTERS TO THE EDITOR — CIM journal
In his letter to the editor (T.N.M., July 20/92), W.G. Wahl suggests that the journal Exploration and Mining Geology, launched by the Geological Society of the Canadian Institute of Mining, Metallurgy…
Mazarin confident that market for asbestos about to improve
The new controlling shareholder of Asbestos Corp. (TSE) is projecting rising sales and prices for asbestos. Societe d’Exploration Miniere Mazarin (ME) says that for Quebec producers of asbestos, the m…
Dia Met expands diamond exploration hunt to Alberta
Western markets continued a slow slide during the week ended Oct. 20, with the Vancouver Stock Exchange composite index slipping 5.45 points to close at 551.65 and the resource index finishing down 7….
Toronto Stock Exchange Indices (October 26, 1992)
Oct.20 Oct.19 Oct.16 Oct.15 Oct.14 High Low Composite”300″3241.84 3225.48 3207.70 3196.14 3195.39 4009.47 3009.91 Metals&Minerals 2630.44 2643.05 2641.53 2603.82 2608.64 3453.06 2502.63 Integrated Min…
TSE Short Positions (October 26, 1992)
Semi-monthly reports as of October 15, showed 32,416,745 shares of 572 issues compared with 28,399,927 shares of 560 issues on September 30. Larger individual positions included: Aber Res. 58,600; Ame…
Spot prices at a glance (October 26, 1992)
Week’s Price (US) Change Gold* $343.50 + $0.20 Silver* $ 3.81 + $0.10 Platinum* $357.25 + $2.25 Nickel** $ 2.75 – $0.09 Lead** $ 0.24 – $0.01 Copper $ 1.03 + $0.01 Zinc $ 0.51 – $0.03 Courtesy of Scot…
LATIN AMERICA ROUNDUP — Drilling planned for Santa Rosa
Based on results from the initial phase of exploration, International Mahogany (TSE) and Mahogany parent North Lily Mining (NASDAQ) plan a follow-up drilling program to further define and expand coppe…
Beaufield consolidates shares
Toronto-based junior Beaufield Resources (TSE) has consolidated its common shares on a 10-for-1 basis and changed its name to Beaufield Consolidated Resources. The new company has been granted a listi…
LATIN AMERICA ROUNDUP — Cambior takes on Mexican project
A recently signed definitive agreement gives Cambior (TSE) the right to earn a 50% interest in the Suaqui Verde copper project in northern Mexico owned by Azco Mining (TSE). The property hosts a large…