Pegasus’ quarterly output jumps
A production record of 64,200 oz. gold was set by Pegasus Gold (TSE) for the 1992 first quarter, a 56% increase over the 41,100 oz. produced during the comparable 1991 period. The Spokane-based compan…
Articles by Northern Miner Staff
Gibraltar amends Newcoast agreement
The amendment to the property interest agreement between Newcoast Silver Mines (VSE) and Gibraltar Mines (TSE) clears the way for a 19,300-ft. diamond drilling program on the Gibraltar North zone this…
INSIDER TRADING (May 11, 1992)
Wheaton River Minerals (TSE) Chairman Ian McDonald continues to be one of the junior resource industry’s most active insiders. In any given week, McDonald’s name usually appears in the Ontario Securit…
LETTERS TO THE EDITOR (May 04, 1992)
I am a longtime subscriber to The Northern Miner. I am writing to urge you to return to your original format of listing the Canadian mining shares; the new way is confusing. It would be the same as Th…
New chairman takes charge at nickel producer Inco
A changing of the guard occurred recently at Inco (TSE) with the retirement of Donald Phillips, 62, from the company’s top job. Phillips, who had been with the company for 36 years, handed the reins o…
Latin American notes
United Nations officer Wolfgang Gluschke, in a Miami conference paper on mineral investment promotion: Most countries in Latin America have undergone considerable changes in the economic, social and p…
Vior expands new Douay zone
A new zone on the Douay gold property in Quebec’s Casa Berardi region has been outlined over a strike length of 1,000 ft., a width of 500 ft. and a thickness of 15-45 ft., reports Societe d’Exploratio…
GUEST COLUMN (May 04, 1992)
I can’t recall a more scary period of government mineral policy development in British Columbia than the month of March, 1992. Early in the month, the British Columbia government changed legal counsel…
INSIDER TRADING (May 04, 1992)
TVX Gold (TSE) directors Glenn Ives and Nigel Lees recently sold a portion of their holdings in the Toronto-based gold miner. According to the Ontario Securities Commission OSC Bulletin, Ives sold 2,5…
Minnova sees major returns from Izok Lake project
Advances in trucking on winter roads and in arctic shipping make the Izok Lake copper-zinc project in the Northwest Territories viable today almost 30 years after its discovery, says David Watkins, pr…
Pegasus acquiring Libby project
At least US$100,000 will be spent this year by Pegasus Gold (TSE) to explore the Libby gold property under the terms of a recent joint venture agreement with Orvana Resources (TSE). The Montana proper…
LaRonde reserves increase by 20%
Exploration on a high-grade zone 3,600 ft. east of the LaRonde mine of Agnico-Eagle Mines (TSE) near Rouyn-Noranda, Que., has boosted total reserves on the property by 19.6%. Agnico says it has outlin…