George Miller new chairman for Hall of Fame
The Canadian Mining Hall of Fame has a new chairman. George Miller, president of the Mining Association of Canada, replaces Maurice Brown, who has chaired the Hall’s board of directors since the Hall’…
News
Hemlo in charge at Central Crude
Exercising its ownership position in Central Crude (TSE), Hemlo Gold Mines (TSE) moved to gain control of the board of directors at the junior’s annual meeting in Toronto and operation of the company….
TORONTO STOCK EXCHANGE INDICES (May 18, 1992)
May 12 May 11 May 8 May 7 May 6 High Low Composite”300″3427.89 3427.23 3374.43 3362.90 3361.30 4009.47 3009.91 Metals&Minerals 3089.15 3069.33 2995.50 2985.60 2967.75 3453.06 2502.63 Integrated Mines3…
Spot prices at a glance (May 18, 1992)
Week’s Price (US) Change Gold* $334.75 – $2.00 Silver* $ 4.08 + $0.01 Platinum* $352.80 + $0.15 Nickel** $ 3.31 – $0.04 Lead** $ 0.24 $0.00 Copper $ 1.00 + $0.01 Zinc $ 0.61 – $0.02 Courtesy of Scotia…
CDDA to mark 50th anniversary in New Orleans
Practically everyone knows everyone in the Canadian drilling industry, and that was clearly evident at the 49th annual convention of the Canadian Diamond Drilling Association (CDDA) staged here recent…
Cored slim holes drilled as part of Hawaiian project
No two holes are drilled exactly alike and careful planning is the key to any hole completion, say Noble Larsen and Percy Wicklund in a paper titled “Drilling the Hawaiian scientific observation holes…
Amax exercises Piedmont option
With the payment of US$1.75 million plus one million common shares of Amax Gold (NYSE), Amax recently exercised its option to earn a 62.5% interest in the Haile property from owner Piedmont Mining (NA…
KWG drilling Horne Fault claims
A $600,000 drill program funded by KWG Resources (ME) began recently on Horne Fault Mines’ (TSE) Lavoie Lake copper property in northwestern Ontario. KWG has the option to earn a 60% stake in a 96-uni…
Comaplex settles with Swiss bank
After a 4-year hiatus, shares of Comaplex Resources (TSE) are expected to resume trading following a settlement agreement between the Calgary-based company, its major shareholder, and staff of the Ont…
Long round concept benefits productivity, Dynatec Mining
During the sinking of the Craig shaft at Sudbury, Ont., Dynatec Mining says it developed the ability to drill and blast extremely long rounds. The concept was based on the use of a single large diamet…
Beaufield acquires claims near Benoit
In return for $13,000 and 500,000 shares, Beaufield Resources (TSE) has acquired a 75% interest in three claim groups in Wilson, Verneuil and Ralleau twps., east of Quevillon, Que. Totalling 117 claim…
Merger proceeds smoothly between Homestake, Corona
The proposed merger between Homestake Mining (NYSE) and International Corona (TSE) is moving steadily toward completion, Corona President Peter Steen told shareholders at the company’s recent (and pos…