PEOPLE — BEAUFIELD CONSOLIDATED RESOURCES
Leslie Redford appointed director. N5…
News
NEWS ROUNDUP — Tiomin raises $3.2 million
Toronto-based Tiomin Resources (ME) has completed negotiations to raise at least $3.2 million through a private placement of special warrants to institutional investors. The special warrants will enti…
Temporary shutdown at Sa Dena Hes mine
In order to further decrease its inventory of lead-zinc concentrates, Curragh (TSE) plans to close its Sa Dena Hes mine in the Yukon from Dec. 2 until Jan. 6, 1993. The Sa Dena Hes mine produces 12,00…
Louvicourt development continues
Development work at the Louvicourt base metal deposit near Val d’Or, Que., is right on schedule, says Aur Resources (TSE) Executive Vice-President Howard Stockford. Cost of the work program for the Lo…
GUEST COLUMN — China needs expertise for gold hunt
On our return trip to Beijing, we stopped in the city of Lanzhou on the banks of the Yellow River to meet with the top brass of the Ganzhou Provincial Gold Corp. We learned that Ganzhou province curre…
Falco announces further cuts
As a result of weak nickel prices, high inventories, increasing costs and poor market outlook, Falconbridge says it will make further production cuts. Combined with previously announced shutdowns in S…
American Bullion acquires Dot
In concert with the recent acquisition of the Dot copper-oxide property, American Bullion Minerals (VSE) has assigned Zappa Resources (VSE) an option to earn a 50% interest in the property. Zappa can …
U.S. ROUNDUP — Rea options BMR ground
A wholly owned subsidiary of Rea Gold (TSE) recently entered an agreement to earn a 50% interest in the Comstock project owned by BMR Gold (TSE). In order to earn the interest, Rea must spend a total …
EDITORIAL PAGE — Search for diamonds is a learning process
How much difference did news of the Tenby property core contamination from the Northwest Territories make to the various diamond exploration plays across Canada? Precious little, one would think, judg…
Toronto Stock Exchange Indices (December 07, 1992)
Composite”300″3273.66 3282.83 3276.53 3272.24 3260.41 4009.47 3009.91 Metals&Minerals 2753.87 2761.25 2701.95 2698.33 2613.33 3453.06 2502.63 Integrated Mines2848.41 2861.92 2787.02 2782.84 2681.70 36…
LETTERS TO THE EDITOR — Input tax credits
I am the accountant for a group of mining exploration companies and I’d like to point out a decision recently reached by a Revenue Canada auditor after a desk audit of our claim for input tax credits….
PEOPLE (December 07, 1992)
CALAIS RESOURCES — Marlowe Harvey appointed president and director; Melvin Martin, Andrew Murray and Robert Foley appointed directors. N5…