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…
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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…
PEOPLE — PEAT RESOURCES
Gordon Bongard, former senior vice-president of Nesbitt Thompson Deacon Inc. and past governor of The Toronto Stock Exchange, appointed director. N5…
Spot prices at a glance (September 21, 1992)
Week’s Price (US) Change Gold* $346.20 + $3.10 Silver* $ 3.84 + $0.09 Platinum* $363.00 + $0.60 Nickel** $ 3.16 + $0.04 Lead** $ 0.28 – $0.01 Copper $ 1.09 – $0.02 Zinc $ 0.62 – $0.01 Courtesy of Scot…
Flag announces share offering
Flag Resources (ASE) is selling 200,000 shares of affiliate Golden Briar Mines (ME) to the public through the Montreal Exchange at a price of 7 cents per share. Proceeds from the offering will be used…
Goldbrook, Castlewood option additional ground near
Goldbrook Explorations (TSE) and joint venture partner Castlewood Metals and Explorations (CDN) have optioned an additional 19 claims in the Onaman River area, 50 miles north of Beardmore, Ont. The ne…
Aurizon adopts `poison pill’ plan
Future producer Aurizon Mines (TSE) has adopted a Shareholder Rights Protection Plan designed to discourage unfair takeover attempts. The plan, similar to other “poison pills” adopted by Canadian publ…
NEWS ROUNDUP — More gold identified at Porgera mine
Placer Dome (TSE) says the geological resource at the Porgera mine in Papua New Guinea has been increased to 130.4 million tons grading 0.14 oz. gold per ton at a cutoff grade of 0.04 oz. gold, 2.7 mi…
Sutton drilling in Tanzania returns nickel-cobalt values
Drilling on the Block 2 deposit at the Kabanga nickel-cobalt prospect owned by Sutton Resources (VSE) returned a number of wide, near-surface intersections confirming the project’s bulk-tonnage potent…
NEWS ROUNDUP — Canarc alters merger plans
Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…
LETTERS TO THE EDITOR — `Classic overkill’ of junior
As a promoter of several junior mining companies in Ontario, I have invested my capital and have succeeded in financing exploration programs through Ontario prospectus offerings. The Ontario Securitie…
EDITORIAL PAGE — Time to move on
This, our political leaders would have us believe, is the best they can do. The Charlottetown Accord — successor to the failed Meech Lake Accord — is the latest attempt to “renew” the Canadian Const…