NEWS ROUNDUP (May 11, 1992)
Recent drilling on the Higgins property in New Hampshire has outlined a low-grade sulphide deposit at least 700 ft. in length and 600 ft. in true width, says Morgain Minerals (VSE). Holes 92-5 to 92-1…
Recent drilling on the Higgins property in New Hampshire has outlined a low-grade sulphide deposit at least 700 ft. in length and 600 ft. in true width, says Morgain Minerals (VSE). Holes 92-5 to 92-1…
Integrated Australian metal producer M.I.M. Holdings is slashing costs and introducing new technology in a bid to cope with the slump in metal prices, says Chief Executive Officer Norman Fussell. In a…
William Coughlan, the executive director of the Mines Accident Prevention Association of Ontario (MAPAO) died recently at the age of 59 after a short battle with cancer. A dedicated proponent of healt…
A new management team led by Arimetco International (TSE) Chairman Roy Shipes has taken control of Breakwater Resources (TSE), after shareholders of Breakwater approved a debt restructuring plan. Ship…
After 94 years, the Canadian Institute of Mining, Metallurgy and Petroleum is still capable of putting on a remarkable convention and annual meeting for its 12,000 members, but the institute has to gr…
British Columbia’s mining industry and the New Democratic Party traditionally mix like oil and water. The two solitudes clashed when Dave Barrett took power in 1972, and it’s beginning to look like it…
I would like to thank you for maintaining an excellent flow of exploration news during a prolonged period of upheaval. However, I feel your newspaper could be further improved by more careful editing …
The net loss of $91 million reported by Princeton Mining (TSE) for 1991 reflects a $60-million writedown in subsidiary Cassiar Mining, an asbestos mining company now in receivership. The 1991 results …
Developing new mines will be an important cornerstone for growth in the 1990s, shareholders of Teck (TSE) were told at the company’s recent annual meeting. President Norman Keevil provided details of …
ZINC: Producers report reasonably steady sales as consumers continue to buy on a month-to-month basis. In spite of London Metal Exchange (LME) inventories increasing in April from 221,575 to 239,325 t…
Western markets leveled off during the period ended May 5, with the Vancouver Stock Exchange composite index finishing up 5.74 points to the 620 level and the resource index slipping just under three …
Gateway Uranium Mines (CDN) has issued 750,000 common shares to its creditors in order to settle a $450,000 debt. Gateway also reports that Vance White and Peter Vamos have resigned from the company’s…
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