Creative thinking needed, Vior president says
A photo of Albert Einstein with the expression “imagination is more important than knowledge” lies next to the desk of Claude St-Jacques, president of Quebec City-based Societe d’Exploration Miniere V…
News
Copper price to hold in ’92
The price of copper is expected to hold firm, in the range of US90 cents-$1.10 per lb. in 1992, predicts the chairman of Phelps Dodge (NYSE). Douglas Yearley, speaking at an American Copper Council me…
Pure Gold optioning claims
An option to acquire 56 claims surrounding the old No. 5 and Empress mine workings at the Britiannia Mines property in British Columbia has been negotiated with the property owner, Pure Gold Resources…
Geoscience project setting up shop in Whitehorse
A geoscience project employing at least 17 people is setting up shop in Whitehorse under a 5-year Mineral Development Agreement (MDA) between the Yukon and federal governments. Acting MDA co-ordinator…
Juniors investigate Guyana’s potential
Canadian exploration companies are showing renewed interest in Guyana after the local government’s recent decision to sell nationalized industries back to the private sector in a bid to stimulate econ…
NEWS IN BRIEF (March 30, 1992)
American Highland Mining Corp. (AHM:VSE) has changed its name to Cryocon Containers Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Pacific Corporate Trust…
Vancouver Stock Exchange (March 30, 1992)
Both the composite and resource indices of the VSE gained ground during the period ended March 25. The composite index added 8.73 points to finish at 653.72, while the resource index gained just over …
INSIDER TRADING (March 30, 1992)
Stafford Kelley, president of Vancouver-based Habsburg Resources (VSE), was both a buyer and a seller recently as drill crews boosted reserves at the company’s Dome Mountain gold mine in British Colum…
Cassiar assets attract interest
At least three mining companies have shelled out $100,000 each to investigate the possibility of buying the assets of Cassiar Mining, a former subsidiary of Princeton Mining (TSE) which until recently…
Pezim keen on Jamaican play, reflects on Corona’s history
While it might seem Murray Pezim is more involved in football than mining these days, Canada’s best-known promoter is still keeping his hand in the game with a number of his junior companies, includin…
Caledonia to buy Czech mining house
A subsidiary of Toronto-based Caledonia Mining (TSE) has signed a letter of intent to purchase a 97% interest in Kamenolomy Strkopleskovne (KS), a Czechoslovakian industrial minerals mining company. C…
Sherritt Gordon reports profit
Despite the recession and weak commodity prices, Toronto-based nickel refiner and fertilizer producer Sherritt Gordon (TSE) stemmed the flow of red ink in 1991 to report a profit. For the year ended D…