PEOPLE — HOMESTAKE MINING (August 17, 1992)
Peter Steen elected president, chief operating officer and director; M. Anderson, William Humphrey elected directors.
News
PEOPLE — YUMA GOLD (August 17, 1992)
Joseph Abbinante and Donald Neal appointed directors.
PEOPLE — INTERNATIONAL PRECIOUS METALS INSTITUTE
Francis Curren elected president; Robert Sippel elected first vice-president; Melvyn Frydrych elected second vice-president; Matthew Garfield elected treasurer.
Izok opening up the North
The challenge of further exploring and developing the Izok Lake, Hood River and Gondor massive sulphide properties in Canada’s far north appears to be off to a strong start. Faced with the reality of …
Western Troy commences work on bulk sample
Western Troy Capital (ASE) has started work on a program to take a 500-ton bulk sample from its gold prospect in Menary Twp. in northwestern Ontario. The company says it has recovered 24 oz. gold from…
Hemisphere tests lamproite pipe
Testing is under way on a 1,000-tonne bulk sample taken from the Leopold Downs lamproite pipe in western Australia by Vancouver-based Hemisphere Development (VSE). Hemisphere, which is earning a 80% i…
Cominco boosts earnings
Net earnings of $18.1 million were reported by Cominco (TSE) for its 1992 second quarter ended June 30, a substantial improvement over this year’s first-quarter loss of $4.9 million. The latest result…
O&C sells stake in Panamanian firm
Osborne & Chappel Goldfields (TSE) has reached an agreement in principle to sell its main asset, a 25% interest in Los Lilenes S.A., to Odin Mining and Investment. Odin currently owns the remaining 75…
Production decision for Sleeping Giant
Sleeping Giant mine partners Cambior (TSE) and Aurizon Mines (TSE) say they will place the Quebec gold project into production during the second quarter of 1993.
Tan Range plans Tanzanian work
A $450,000 private placement has been completed by Tan Range Exploration (ASE), which plans to begin exploration on several recently granted concessions in northern Tanzania. One concession covers the…
Victoria secures exploration funds
Subject to regulatory approval, Victoria Resource (VSE) recently negotiated a brokered private placement through Yorkton Securities. The placement includes up to two million units at 35 cents each. Th…
Toronto Stock Exchange Indices (August 17, 1992)
Aug 11 Aug 10 Aug 7 Aug 6 Aug 5 High Low Composite”300″3404.67 3408.78 3406.30 3398.65 3406.19 4009.47 3009.91 Metals&Minerals 3000.32 3009.25 3021.60 3029.48 3031.48 3453.06 2502.63 Integrated Mines3…