Melinga drilling in Honduras
A contract to drill 150 holes, 30-50 metres each in length, in northwestern Honduras was recently entered into with a Guatemalan company, Melinga Resources (VSE) reports. The program is concentrating …
Articles by Northern Miner Staff
Bolivia less reliant on tin mining
Bolivia has a long mining tradition. The country produces gold, tin, zinc, silver, antimony, lithium and lead. For decades, tin mining has been the mainstay of the Bolivian economy. Recently, internat…
Emergency rule declared in Peru
The South American nation of Peru, a major silver producer, was under a state of emergency rule after a decade of democratization as this Latin American issue went to press. The countrys military and …
TSE Short Positions (April 20, 1992)
Semi-monthly reports as of March 31, showed 24,177,660 shares of 587 issues compared with 25,891,494 shares of 599 issues on March 15. Larger individual positions included: Amax Gold 143,750, up 125,9…
Single permit final hurdle to restarting Hope Brook
A Newfoundland gold mine with a troubled past has been given a new lease on life after being closed last year because of environmental problems. Officials at Royal Oak Mines (TSE) confirmed recently t…
NEWS IN BRIEF (April 20, 1992)
HLX Resources Ltd. (HL:VSE) has changed its name to Emperor Gold Corp. (EMR:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis.
TORONTO STOCK EXCHANGE INDICES (April 20, 1992)
Composite”300″ 3412.64 3389.83 3376.64 3349.03 3318.10 4009.47 3009.91 Metals&Minerals2928.66 2945.76 2879.15 2864.47 2828.26 3453.06 2502.63 Integrated Mines 3101.03 3123.91 3044.40 3029.95 2986.76 3…
LETTERS TO THE EDITOR (April 20, 1992)
Canada possesses a vast mineral wealth; unfortunately, only a small percentage of this total wealth will ever be realized under the current mining framework. Among other factors, this situation is due…
Martel enumerates Ontario’s mineral assistance programs
Ontario boasts some of the most successful and well received mineral assistance programs in Canada, says the province’s mines minister, Shelley Martel. The minister, responding to opposition comments …
More studies for Windy Craggy
The British Columbia government will soon release a detailed document outlining its “study requirements” for the Windy Craggy copper project owned by Geddes Resources (TSE). Geddes is proposing to dev…
Mcleod buying Falconbridge’s 56% stake in Falconbridge Gold
Having apparently given up on any short term rally in the price of gold, Toronto-based Falconbridge Ltd. has agreed to sell its 56.4% stake in Falconbridge Gold (TSE), to a private company controlled …
Metal Prices (April 20, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 14 Apr 13 Apr 10 Apr 9 Apr 8 Copper 1241-1242 1245-1246 1252-1253 1270-1271 1264…