1992

Recently cut loose by its parent, RTZ (NYSE) of London, Toronto-based Rio Algom (TSE) realized earnings of $8.2 million in the second quarter compared with $6.4 million for the same period of 1991. Ri…

Aug 4 Aug 3 July 31 July 30 July 29 High Low Composite”300″3426.04 N/A 3443.42 3425.63 3424.62 4009.47 3009.91 Metals&Minerals 3050.08 N/A 3076.69 3069.92 3081.65 3453.06 2502.63 Integrated Mines3211….

An exploration program is under way at the More Creek property owned by joint venture partners Adrian Resources (VSE) and Hemlo Gold Mines (TSE). The polymetallic mineralization on the More Creek prop…

A planned reverse takeover of West Pride Industries (VSE) will result in a change in the company’s principal business. West Pride reached an agreement in principle to purchase all the outstanding shar…

Increased earnings and lower output of potash was reported by Potash Corp. of Saskatchewan (TSE) during the second quarter and first half of 1992. The Saskatoon-based company produced 900,412 tonnes d…

Generally disappointing assay results were received from the drilling of five separate target areas on the gold project of Monte Carlo Gold Mines (ASE) and Auromar Development (VSE) on the Caribbean i…

While the metallurgist has accomplished technical marvels — recovering upward of 85-90% of the valuable minerals from low-grade ores — he has also created a mountain of a problem; namely, millions o…

TVX Gold (TSE) and Golden Knight Resources (TSE) have discovered two gold zones about 100 metres northeast of their jointly owned Casa Berardi Est mine in northwestern Quebec. The companies say a bore…

Six of the world’s top 10 performing (in terms of price appreciation) stock markets in 1991 were based in Latin American countries, says an International Financial Corp. report. Heading the list were …

Mexico has the oldest post-Columbian mining tradition in the Western Hemisphere, beginning with the establishment of the first iron foundry in the state of Veracruz in 1519. Historically, silver has b…

A study of a proposed garnet quarrying and processing operation near the Apex recreation area 32 km west of Penticton, B.C., was recently completed, although no decision was made on the project’s futu…

Although it was staked 65 years ago, the Lightning gold zone in northeastern Ontario was only discovered in 1984. Now, after a protracted session of haggling over ownership interests, the property’s s…