Violence marks 4-month strike at Giant mine
The 4-month-old strike at Royal Oak Mines’ (TSE) giant gold mine has been violent as it continued operation, using scabs. Prior to the Sept. 18 blast which killed nine miners, other explosions at the …
News
NEWS ROUNDUP — KWG drops option on Thierry
After completing due diligence studies on the Thierry copper-nickel mine in Northwestern Ontario, KWG Resources (ME) has decided not to option the property from owner Etruscan Enterprises (VSE). The d…
GUEST COLUMN — Diamond drillers need support
The Canadian diamond drilling industry has installed itself as a world leader, but this position is being threatened by the country’s economic malaise and government policies. Statistical drilling dat…
BOOKS IN REVIEW — Facts and figures about copper
Review of Current and Potential Copper Producers. Revised 1992 edition in four volumes. Published by Pincock, Allen & Holt, Inc. 274 Union Boulevard, Suite 200, Lakewood, Colo. 80228. US$12,000. Last …
STOCK MARKETS — Royal Oak trades heavily in wake of Giant
Vancouver-based Royal Oak Mines took the top trading spot on The Toronto Stock Exchange during the week ended Sept. 22, dropping 10 cents to $1.96 on a volume of 4.4 million shares. The gold producer …
Goldstack finds new zones in Utah
Two new mineralized zones, the Klewit zone and the Centennial prospect, have been found adjacent to Goldstack Resources’ (VSE) Yellowhammer copper-gold property in Gold Hill, Utah. The Klewit zone, ab…
NEWS ROUNDUP — Trillion launches Zimbabwe program
A 10,000-metre drill program is under way on the 50% owned Jena Mines property in Zimbabwe, reports Trillion Resources (ASE). Using two rigs, Trillion is testing the Lioness zone, about one kilometre …
NEWS IN BRIEF (September 28, 1992)
The International Iron and Steel Institute, based in Brussels, will hold its 26th annual conference in Tokyo, Oct. 5-7.
San Andreas hits zinc-lead values
With assay results from four recent holes, San Andreas Resources (VSE) is reporting the discovery of “Pine-Point-style mineralization” at its Prairie Creek mine property 300 miles west of Yellowknife,…
TORONTO STOCK EXCHANGE INDICES (September 28, 1992)
Sept.22 Sept.21 Sept.18 Sept.17 Sept.16 High Low Composite”300″3402.82 3419.98 3444.95 3446.05 3553.82 4009.47 3009.91 Metals&Minerals 2900.21 2934.56 2917.65 2956.21 2944.58 3453.06 2502.63 Integrate…
INSIDER TARDING — Canhorn sells into United Reef rally
Toronto-based Canhorn Mining (TSE) sold 1.1 million shares of its affiliate, United Reef Petroleums (TSE), for 16-23 cents each at the beginning of September, a few days too early to fully capitalize …
Oasis, Orient issue flow-through shares
Consolidated Oasis Resources (ME) and Orient Resources (ME) have concluded a financing agreement with Oasis/Orient (1992) Mining Exploration partnership and Soquem. Under the agreement, the partnershi…