OBITUARY (February 03, 1992)
Charles Salter, former vice-chairman of the Ontario Securities Commission (OSC) who took an active interest in junior mining companies, died recently. He was 62. A lawyer by profession, Salter special…
News
5 (February 03, 1992)
With reference to “Crude will take Eagle River to production with or without’ Hemlo” (T.N.M., May 20/91), the solution for Central Crude for the financing of the Eagle River gold deposit in northern O…
PEOPLE (February 03, 1992)
Luciana George appointed director.
PROFILE (February 03, 1992)
Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…
Course examines environmental issues
A 2-day course on exploration and environmental issues is being offered by the British Columbia & Yukon Chamber of Mines, with course content assembled by Norecol Environmental Consultants. The short …
Newmont, Barrick in joint effort
An agreement in principle has been reached between gold producers Newmont Gold (NYSE) and American Barrick Resources (TSE) for joint co-operation in the development of their common areas in the northe…
Anglesey meets roadblock in bid to finance Parys
The Parys mine project in North Wales may not go into commercial production next year as the United Kingdom’s biggest ever base metal mine. The operation was to have produced zinc, lead, and copper co…
Vangold drills Iron Colt vein
Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…
Robex plans drill program for Baie Bateman property
A flow-through financing worth $350,000 will allow Ressources Robex (ME) to proceed with a drilling program and ore-reserve re-evaluation at the Baie Bateman property in the Chibougamau area of Quebec…
NO HEADLINE (February 03, 1992)
Geotech Capital Corp. (GEO:VSE) has changed its name to Vector Venture Corp. (VVG:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis.
FUTURES PRICES (February 03, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 98.70 96.30 98.60 + 2.05 Mar 99.30 96.75 98.90 + 1.95 Apr 97.10 97.10 98.85 …. SILVER (in US cents per oz.)…
Toronto Stock Exchange (February 03, 1992)
Shares of Agnico-Eagle Mines and affiliate Goldex Mines reacted to drill results from an area north of the LaRonde mine in Quebec during the week ended Jan. 28. News that Agnico had cut a 9.5-ft. inte…