Curragh charged with Faro violations
Base metal producer Curragh (TSE) is facing charges under the Occupational Health and Safety Act after officials from the Yukon Workers’ Compensation Board paid a routine visit to the company’s Faro z…
1992
Forum to focus on the environment
It’s a mouthful — The Second International Conference on Environmental Is sues and Management of Waste in Energy and Mineral Production — but with the heightened concerns over acid mine generation, …
METAL PRICES — FREE MARKET (July 20, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds ster ling per tonne) Date July 14 July 13 July 10 July 9 July 8 Copper 1310-1311 1301-1302 1294-1295 1332-133…
Royal Oak financing raises $12 million
Gross proceeds of $12 million were reported by Royal Oak Mines (TSE) from the recent sale of 7.27 million special warrants at $1.65 each. The special warrants were sold by First Marathon and ScotiaMcL…
Inco withdraws
Nickel-producer Inco (TSE) says it has withdrawn from negotiations concern ing its possible purchase (72% interest) in the Queensland Nickel joint ven ture in Australia. Inco was talking with a consor…
NEWS IN BRIEF (July 20, 1992)
Lord River Gold Mines Ltd. (LRD:VSE) has changed its name to Aquamin Resources. Inc. (AQN:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.
Jamestone options Bushveld prospects
A jointly owned subsidiary of International Platinum (TSE) and Swansea Gold Mines (CDN) has acquired options to buy three platinum group metal (pgm) projects in the Rustenburg area of South Africa. Th…
Reclamation specialist favored
A Vancouver-based company has been selected as the preferred bidder by Rio Algom (TSE) to decommission its former Quirke and Panel uranium mines near Elliot Lake, Ont. Regarded as one of the largest d…
PRODUCER PRICES (July 20, 1992)
ALUMINUM: MW U.S. market US59-61 cents per lb. (Jul. 1, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CADMIUM: …
Open pit expansion considered — High gold values in
Results from initial bulk sampling of the Siwash North gold deposit in southern British Columbia has property owner Fairfield Minerals (TSE) considering an expansion of its open pit program to 5,000 t…
PEOPLE — POLESTAR EXPLORATION
Alistair McLennan appointed president.
PEOPLE — PACIFIC SUN (July 20, 1992)
Suzanne Wood appointed director/secretary.