News

ALUMINUM: MW U.S. market US51.25-52.25 cents per lb. (Apr. 22, 1993). ANTIMONY: MW New York dealer US78-82 cents per lb. (Mar. 11, 1993). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (June 11, 199…

A strong performance recently by the yellow metal has prompted at least two gold-producers to announce new financing. Cash-strapped MinVen Gold (TSE), which has been burdened by heavy debt and low gol…

The Alberta Stock Exchange has requested that Focal Resources (ASE) retain a Canadian laboratory to fire-assay core from ongoing drilling on a metallic mineral lease in northeastern Alberta. The compa…

Take a single paper match and cut a piece from the end just a little shorter in length than the match is wide. This fragment then represents the amount of gold the Pamour mine has in one ton of ore. A…

Few mining executives have faced such complex and demanding challenges as those taken on recently by Margaret (Peggy) Witte, the hands-on chairman, president, and chief executive of Royal Oak Mines. W…

Royal Oak Mines acquired the Hope Brook mine in southwestern Newfoundland last year and by July 1, 1992, had begun commerical production. Total output for the year was 50,693 oz. The mine is running n…

The Northern Miner Magazine was born in 1986. From the beginning it was an outstanding success. Both readers and advertisers were drawn to the publication because of its lively mix of featurish-type, …

The aptly named Giant mine in Yellowknife, N.W.T., was bleeding red ink when Royal Oak Mines acquired Giant and other assets of the Pamour group late in 1990. By the time negotiations began with Local…

Seawest Res. — 1,500,000 shs. @37 cents per sh.

A system developed by Falconbridge involving permanent cathode technology and automated stripping for electro-refining copper (the patented KIDD PROCESS) has been acquired by Kennecott Utah Copper Cor…

Harry Bristman appointed president and director; Frederick Ilott and Norman Holton appointed directors.

Hugh Mogensen appointed director.