EDITORIAL PAGE (May 25, 1992)
A lot of people in the mining industry are suffering these days, but none more so than Canada’s diamond drillers. Known throughout the mining world as the best in the business, Canadian drilling compa…
News
Golden Star in Suriname deal (May 25, 1992)
A formal exploration and development agreement for the Gross Rosebel gold property in Suriname has been signed between Golden Star Resources (TSE) and Grassalco, the state-owned aluminum mining compan…
Noranda in deal with Chinese (May 25, 1992)
A unit of Noranda (TSE), Noranda Copper Smelting and Refining, recently reached an agreement with a Chinese agency involving the sale and transfer of reactor technology. The Noranda reactor is a conti…
Aber and Tyler active on diamond sample news (May 25, 1992)
Investors caught a dose of diamond fever during the week ended May 19 after BHP-Utah confirmed the existence of gem-quality stones on the Dia Met Minerals property in the Lac de Gras, N.W.T., area. Ne…
PEOPLE (May 25, 1992)
Bhupinder Herar appointed director.
Alberta conference (May 25, 1992)
A conference on energy and the environment will be held June 12 in Calgary by Canada Centre for Mineral and Energy Technology (CANMET) of the federal department of Energy, Mines and Resources. Topics …
Gulf wants balance of Asamera (May 25, 1992)
After a relatively short time as a public company, Asamera Minerals (TSE) is returning to the private realm. Asamera Inc., a wholly owned subsidiary of Gulf Canada Resources, recently announced it wil…
Seeking solutions to mining the Foord seam (May 25, 1992)
A methane explosion ripped through the Westray coal mine at Plymouth, N.S., just one week after it received the Canadian Institute of Mining, Metallurgy and Petroleum’s Ryan Safety Award. In the days …
Kingswood returns to Matheson area (May 25, 1992)
Kingswood Explorations (ASE) has resumed drilling on its 24-claim property near Matheson, Ont. The spring program will include definition drilling on the Thunder zone, which returned a 57.7-ft. interv…
Deep drilling at Vezza project (May 25, 1992)
Drilling at the Vezza project in Vezza Twp. in northwestern Quebec intersected 0.195 oz. gold per ton across a true width of 12.8 ft. at an approximate vertical depth of 2,000 ft., North American Rare…
Investment forum set for June 4 (May 25, 1992)
The second annual Canadian Institutional Investment Forum of the World Gold Council is scheduled for June 4 in Toronto. The 1-day forum will feature a number of talks on subjects such as gold demand, …
GOLD FUNDS (May 25, 1992)
BGR Central Net Value $7.88 $5.07 Price $6.25 $4.60 Discount 20.73% 9.3% Value $46,939,000 $77,391,780…