Exall promotes plans for Mexico
Former Chutine Resources (VSE) president Peter Holmes and Exall Resources (TSE) President Stephen Roman have joined forces to tackle projects in Mexico and Guyana. “I saw Stephen Roman at the PDAC (Pr…
News
LETTERS TO THE EDITOR — Ile Bizard open for exploration
We have received numerous phone calls after you published erraneous information about Ile Bizard, just outside of Montreal (T.N.M., Oct. 5/92). Please be advised that Quebec’s Ministry of Energy and R…
NEWS ROUNDUP — Viceroy boosts working capital
The exercise of warrants attached to a public offering in the summer of 1991 netted Viceroy Resource (TSE) more than $4.5 million and increased the company’s working capital to over $14 million. The c…
METALS MARKETS — Metals threatened by subsidies
Reacting to growing unemployment and falling confidence, consumers worldwide are cutting all unessential spending, including metals. Ignoring their consumers and voters, governments, with huge deficit…
Mexico’s minerals post a large trade surplus
Despite the difficulties faced by mining in general, Mexico in 1991 was among the 11 top producers in the world’s mining and metallurgical industry in 19 minerals. In 1991, the mining and metallurgica…
NEWS ROUNDUP — Minefinders options Carolina prospect
An option agreement to acquire a 100% leasehold interest in the Sawyer mine property in Randolph Cty., N.C., from Carolina Mines has been entered into by Minefinders (VSE). A multi-year schedule of pa…
Profit-taking at United Reef
Herman Becker-Fluegel and Michael Coulter, two officers of United Reef Petroleums (TSE), sold a large block of their holdings in the diamond explorer in September, according to the Ontario Securities …
Musto plans 1993 completion of Bajo feasibility study
By the second quarter of 1993, International Musto Explorations (TSE) expects to complete a feasibility study which it hopes will bring the technical and economic potential of the Bajo de la Alumbrera…
TORONTO STOCK EXCHANGE INDICES (November 02, 1992)
Oct.27 Oct.26 Oct.23 Oct.22 Oct.21 High Low Composite”300″3286.44 3275.99 3246.76 3258.77 3252.63 4009.47 3009.91 Metals&Minerals 2676.37 2729.47 2679.05 2695.52 2652.20 3453.06 2502.63 Integrated Min…
Spanish lead-zinc mine closes
Exploracion Minera Internacional Espana S.A. (Exminesa), a Spanish mining company 48% owned by Cominco (TSE), has announced the closure and sale of all capital assets at its Rubiales lead-zinc mine in…
Temisca plans field work on four gold properties
Four gold properties, totalling 59 claims, have been optioned by Temisca Resources (ME) in Courville Twp., near Senneterre, Que. To earn an 80% interest in the Pershing Manitou, Rolartic, Eastville, a…
Pezim group drops Copper Canyon
Murray Pezim’s Fairhaven Resources (VSE) recently terminated its option to earn interests in two copper-gold properties in the Galore Creek area of British Columbia. Fairhaven, formerly Consolidated R…