News

Proposal would limit arsenical dust exposure

Arsenic’s toxic nature had been known for centuries but it wasn’t until mid-Victorian times that its virulence came to be universally recognized. The mineral somehow found its way into the working man…


Montreal Exchange (January 27, 1992)

Resource issues were in favor the week ended Jan. 21, when the mining and minerals index jumped by more than 44 points. The general market portfolio index headed the other way, closing down by almost …


NEWS ROUNDUP; NEWS ROUNDUP

Financially beleaguered Breakwater Resources (TSE) and Banque Indosuez are seeking to restructure the terms and conditions of the Swiss franc bonds issued by Breakwater in 1987. Banque Indosuez is act…



FINANCING (January 27, 1992)

GHZ Resource Corp – 600,000 shs offered @ 20 cents per sh. Rome Resources Ltd – 600,000 shs offered @ 37 cents per sh.


TORONTO STOCK EXCHANGE INDICES (January 27, 1992)

Composite 300 3620.44 3655.67 3658.29 3665.96 3656.72 4009.47 3009.91 Metals & Minerals3111.62 3200.40 3235.89 3238.87 3131.15 3453.06 2502.63 Integrated Mines 3346.43 3446.52 3485.56 3492.33 3363.62 …


Western Mining in major search for ore reserves

Exploration near its producing properties has the highest priority in fiscal 1991-92 for large Australian mining company Western Mining Corporation Holdings. “Half of the exploration expenditure this …



Perrons put Clenor into new company

The Perron brothers from Kirkland Lake, Ont., say they plan to fund exploration of the Clenor property near Temagami, Ont., through Gwen Resources (ASE). Gwen President Alex Perron says he plans to ta…


Earth scientist William Fyfe wins Canada Gold Medal

Earth scientist William Fyfe, 64, professor of geology at the University of Western Ontario in London, recently received the Canada Gold Medal. The award is given annually by the Natural Sciences and …


Chile to dominate copper production

Chile could account for 32% of the world’s total copper production by the year 2000, according to a study by the Center for Copper Studies (CESCO) which was published here recently. CESCO predicted th…


Minnova options Stow’s LeMare

A minimum of $340,000 will be spent this year by Minnova (TSE) to explore the LeMare property on Vancouver Island, 20 miles west of the BHP-Utah Island Copper mine. The property is owned 100% by Stow …


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