INSIDER TRADING (March 23, 1992)
Three of Noranda’s (TSE) top executives, including Chairman Alf Powis and President David Kerr recently sold a batch of convertible preferred series C shares which they acquired in 1988. According to …
News
Boards approve merger of Star, SA
The boards of Golden Star Resources (TSE) and South American Goldfields (TSE) have agreed to a merger. Pending shareholder and regulatory approval, the two juniors will merge on the basis of one commo…
Spot prices at a glance (March 23, 1992)
Week’s Price (US) Change Gold* $340.00- $9.00 Silver* $ 4.07- $0.08 Platinum* $353.90- $9.35 Nickel** $ 3.35- $0.05 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.56+ $0.03 Courtesy of Scotiabank. I…
EDITORIAL PAGE (March 23, 1992)
Heading to Latin America for mineral exploration is all the rage these days, but investing south of the Rio Grande is no guarantee of success. In fact, apart from Chile, success stories are few and fa…
Placer to option McFinley project
McFinley Red Lake Mines (TSE) expects to solve some of its recent troubles by optioning its 30-claim Bateman Twp. gold project near Red Lake, Ont., to Placer Dome (TSE). The two companies have signed …
Eastmaque, Equinox merger gains shareholder approval
Shareholders of both Equinox Resources (TSE) and Eastmaque Gold Mines (TSE) recently approved the merger of the two companies leaving Equinox the surviving entity. The companies expect to complete the…
IMM celebrates 100th anniversary
The Institution of Mining and Metallurgy (London) recently hosted a dinner in Toronto to mark the 100th anniversary of the organization’s founding. Guest speaker was Hugh Allen, president of the IMM a…
PDAC selects Watson for Prospector award
The Prospectors and Developers Association of Canada (PDAC) will honor Mackenzie Watson for his participation in numerous mineral discoveries during the past 25 years by naming him “prospector of the …
PEOPLE (March 16, 1992)
R. Fiorini appointed president and chief executive officer.
BOOKS IN REVIEW (March 16, 1992)
The Geography of the Canadian North, by Robert Bone, Oxford University Press, Toronto. $19.95. Author Robert Bone, geography professor at the University of Saskatchewan, addresses factors pertinent to…
Autoclaving, bioleaching replacements for roasting
It’s difficult to specify how much of the world’s gold reserves are tied up in refractory ores, which do not yield their gold to cyanidation without prior treatment. But South Africa’s General Mining …
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…