EDITORIAL PAGE; LETTERS TO THE EDITOR
I was well aware of William Fyfe’s view on the earth’s ecosystems (T.N.M., Jan. 27/92) when I made my remarks about “political environmentalists.” I agree that overpopulation is the root cause of all …
News
Vancouver Stock Exchange — Takeover talk benefits Prime Res.
Gold’s performance went from disappointing to depressing as it slipped below the US$340-per-oz. level amid rumors of European selling and talk of its demise as the preferred haven against political an…
Montreal Exchange — More Orient drilling
Daily trading volumes were relatively strong during the week ended March 17, ranging between 5.2 million and 8.3 million shares, but both the market portfolio and mining and minerals index stumbled. T…
Melinga plans work program for two northern prospects
A first-phase exploration program scheduled to begin in early April is being planned by Melinga Resources (VSE) for the Griffin Lake property and Kognak River property in the District of Keewatin, N.W…
Cream Silver options Doromin property
A recently signed option agreement between Cream Silver Mines (VSE) and Doromin Resources (VSE) gives Cream Silver the right to earn an 80% interest in Doromin’s George property in the northwest Mores…
GOLD FUNDS (March 16, 1992)
BGR Central Net Value $8.22 $5.16 Price $7.50 $4.600 Discount 8.75% 10.9% Value $48,937,000 $77,391,780…
FINANCING (March 16, 1992)
Melinga Resources Ltd – 1,700,000 units consisting of 1 sh and 1 series A purch wt offered @ $1.04 per unit. Gold Giant Minerals Inc – 700,000 shs offered @ 35 cents per sh. Arizona Star Resource Corp…
Wheaton warrants
The recent exercising of 698,550 warrants at 60 cents each at the end of February netted Wheaton River Minerals (TSE) $419,130, the company reports.
Correction (March 16, 1992)
Contrary to what was reported in (T.N.M., March 2/92), Lyon Lake Mines (ME) will hold only 900,000 shares of Mosquito Consolidated Gold Mines (VSE) after selling its 52% interest in the Mosquito Creek…
Goldteck holdings
Discussions are under way with Teck (TSE) to sell to Teck the Canadian mining properties of Goldteck Mines (TSE), the latter reported. Goldteck also reported that it understands that Teck, Greater Tem…
PEOPLE (March 16, 1992)
R. Fiorini appointed president and chief executive officer.
NEWS IN BRIEF (March 16, 1992)
International Baron Resources Ltd. (IBQ:VSE) has changed its name to Azco Mining Inc. (AZC:VSE) with a consolidation of capital on a 1-new-for-6-old-share basis. The transfer agent is Central Guaranty…