1992



Windy, Cochise complete MacLeod program

Toronto-based juniors Windy Mountain Explorations (ASE) and Cochise Resources (ASE) have recently completed a joint exploration program on their MacLeod Lake polymetallic project and the adjacent East…


Dia Met estimates diamond `resource’

A report accompanying an application by Dia Met Minerals (TSE) for listing on The Toronto Stock Exchange reveals that an estimated 80 million tons grading 63 carats per 100 tons have been outlined wit…


CIM luncheon, MNDM symposium

Guest speaker at the Dec. 7 luncheon hosted by the Canadian Institute of Mining, Metallurgy and Petroleum’s Toronto Branch will be Lars-Eric Johansson. Currently senior vice-president and chief financ…


NEWS ROUNDUP — Hemlo forgives Windarra loan

Toronto-based Hemlo Gold Mines (TSE) has agreed to forgive most of a $8.9-million loan made to Windarra Minerals (TSE) in 1988. The junior will repay Hemlo $1 million. Windarra used the loan to financ…


NEWS ROUNDUP — Bruneau reactivation proposed

Shareholders of Bruneau Mining (ME) will be asked to approve a new reactivation plan for the company at a joint annual and special meeting on Dec. 30. Under the plan, Canamax Resources (TSE) and its s…


NEWS ROUNDUP — Cancelled dividend hurts Redstone

Cancellation of a previously declared dividend by Falconbridge Dominica C. por A. (Falcondo), a subsidiary of Falconbridge, has resulted in decreased net earnings for Redstone Resources (TSE). Redston…





CMP buying Plexus shares

Through various private agreements, CMP Resources (ME) plans to acquire three million shares of Plexus Resources (TSE) and become the single largest shareholder of Plexus with a 25.45% interest. CMP r…


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