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.
Articles by Northern Miner Staff
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…
Westmin extends Battle zone
More impressive assay results were released by Westmin Resources (TSE) from recent underground drilling at the company’s Myra Falls mine property near Campbell River, B.C. The most spectacular results…
Penoles leading private company
Within Mexicos private sector, Industrias Penoles is the acknowledged leader in the exploration game. Together with subsidiary Fresnillo, it contributed US$13 million of the US$20 million spent by pri…
Brazil
Brazil has come a long way in the last 20 years in terms of exploration services, engineering expertise and the manufacture of mining and plant equipment. Today, complete services are offered by contr…
Canadian investment in Mexico likely to increase
A research study conducted by management consulting firm A.T. Kearney finds that there is strong potential for increased investment by foreign mining companies in Mexico. The study, sponsored by the M…
PROJECT ROUNDUP (April 20, 1992)
A contract to develop the Bajo de la Alumbrera copper-gold porphyry deposit in northwestern Argentina has been negotiated by International Musto Explorations (VSE) with a quasi-government mining compa…