News


Special meeting of Breakwater set for April 10

Shareholders of Breakwater Resources (TSE) will be meeting April 10 to consider various matters related to the company’s proposed debt restructuring. Earlier this year, Breakwater management negotiate…


Witte to speak at CIM lunch

The chairman of Royal Oak Mines, Peggy Witte, will address the April 23 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Witte will speak on the topic of “…


PEOPLE (April 06, 1992)

Donald Perks appointed president, chief executive officer and director; U. Leyner appointed director.


Miners must fight criticism

Regarding John Sadowski’s letter (T.N.M., Mar. 16/92), it’s easy to criticize and it seems that is what everyone would rather do than put their shoulders to the wheel and help to correct the sad state…


EDITORIAL PAGE (April 06, 1992)

The opportunities for mineral exploration outside of Canada are certainly inviting, and many Canadian companies are taking advantage of other countries’ efforts to attract mining investment. It is wor…


Ontario premier vows support for mining industry

The premier of Ontario took a positive approach in replying to the concerns expressed by the Save Our North campaign at the annual convention of the Prospectors and Developers Association of Canada in…


Aurex options Chilean tailings

Through the transfer of an agreement from Hughes Lang (VSE), Aurex Resources (VSE) has acquired an option on a large tailings project in Chile about 55 km southwest of Santiago. Hughes Lang signed a l…



Spot prices at a glance (April 06, 1992)

Week’s Price (US) Change Gold* $343.75 + $2.50 Silver* $ 4.15 + $0.04 Platinum* $360.25 + $6.75 Nickel** $ 3.41 + $0.13 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.58 + $0.03 Courtesy of Scotiaba…


Galico to drill at Hurdman Twp.

Galico Resources (VSE) plans to drill five holes on Noront Resources’ (VSE) property in Hurdman Twp., Ont., before spring breakup. The program is designed to test the strike and depth potential of Nor…


NEWS ROUNDUP (April 06, 1992)

With financial support from the provincial and federal governments, Renfrew Gold Contracting is taking a bulk sample from its gold property in Nova Scotia. The ore extracted from the surface will be p…


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