News



Placer explores Shear copper-gold

The Shear property near Aspen Grove in south-central British Columbia is being explored by Placer Dome (TSE) for its potential to host porphyry copper-gold deposits. The major can acquire a 51% intere…


Texas smelter plans are withdrawn

Plans to construct a copper smelter at Texas City, Tex., with the capacity to process 182,000 tonnes per year have been withdrawn by Mitsubishi Materials. The company announced in 1989 it would go ahe…


Crown slips into the red

Higher production costs at its 30% owned Kettle River project in Washington state helped push Crown Resources (TSE) into the red for the year ended Dec. 31, 1991. The company reported a loss of US$1.0…


Sutton drilling Kabanga nickel

Diamond drilling has resumed on the Kabanga nickel project owned by Sutton Resources (VSE). Located in western Tanzania, the project is estimated to contain preliminary reserves totaling 40.5 million …




GUEST COLUMN (April 13, 1992)

This is a fortuitous time to be marking the Geological Survey of Canada’s 150th anniversary (the official anniversary of the survey is April 14, 1992.) We are in the midst of a profound process of con…


Denison, Total join forces

In efforts to make their Saskatchewan uranium projects more cost effective, Denison Mines (TSE) and Total Compagnie Miniere of France have agreed to develop the Midwest and McClean Lake properties as …


Santa Fe gives up Marigold interest

Hoping to expand reserves at the Lone Tree gold deposit near Battle Mountain, Nev., Santa Fe Pacific Gold will acquire 12 sections of land, including the adjacent Stonehouse deposit, in exchange for i…


TORONTO STOCK EXCHANGE INDICES (April 13, 1992)

Apr 7 Apr 6 Apr 3 Apr 2 Apr 1 High Low Composite”300″3336.61 3385.95 3385.54 3395.91 3411.87 4009.47 3009.91 Metals&Minerals 2841.65 2875.32 2866.13 2862.69 2870.29 3453.06 2502.63 Integrated Mines300…


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