Heenan undergoes restructuring
After a rather drastic restructuring, Heenan Senlac Resources is making something of a comeback. Its shares were suspended from trading on The Toronto Stock Exchange in April, 1990, for failure to mee…
News
SEG, KWG continue Granada work
Joint venture partners SEG Exploration (ME) and KWG Resources (ME) are proceeding with the collection of a bulk sample from their Granada gold property near Val d’Or, Que. The 20,000-ton sample will b…
EDITORIAL PAGE — Squeezing securities dealers
Securities dealers, those orphan stockbrokers in Ontario that aren’t members of either The Toronto Stock Exchange or the Investment Dealers Association (IDA), have few friends these days. The Ontario …
MINER DETAILS — Mining an off-the-wall enterprise
The mining industry and its personalities have on occasion made interesting fodder for books that generally fall into two categories, the trash-for-cash expose or those so glowing they transform even …
PRODUCER PRICES (October 05, 1992)
ALUMINUM: MW U.S. market US58.25-58.75 cents per lb. (Sept. 10, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 19…
Noranda pulls out of eastern U.S.
Toronto-based Noranda Minerals has effectively curtailed exploration activities in the eastern half of the U.S. by putting the brakes on projects in Wisconsin and closing its small North Carolina offi…
Mines ministers seek consensus on industry’s future
A trio of mines ministers will spearhead plans to pull together mining, governments and other interest groups to create an action plan for the troubled industry, the Yukon’s mines minister said during…
Watson honored at QPA meeting
Mackenzie Watson, president of Freewest Resources, was named Prospector of the Year at the 400-strong Quebec Prospectors Association (QPA) convention and annual meeting held recently in Val d’Or, Que….
Maritime activities
Newfoundland and New Brunswick will review their mining activities next month and in November. From Oct. 29 to Nov. 4, Newfoundland will host its Mining Week. Margaret Witte, president of Vancouver-ba…
BOOKS IN REVIEW — Twin annuals
Mining Annual Review 1992 and Metals & Minerals Annual Review 1992. Published by Mining Journal Books, 60 Worship St., London, England EC2A 2HD. US$110 (surface mail) or US$145 (airmail) for both volu…
BOOKS IN REVIEW — Aussie deposits
Register of Australian Mining 1992-93. Edited by Ross Louthean. Published by Resource Information Unit. Suites 8-10, 100 Hay St. Subiaco, Western Australia 6008. A$269 (within Australia), A$293 (overs…
Peru miner pays US$4 million dividend
Southern Peru Copper, a subsidiary of Asarco (NYSE), has paid a US$4-million dividend for the second quarter. Southern Peru, jointly owned by Asarco (52.3%), the Marmon Group (20.7%), Phelps Dodge Ove…