1992

Old style preferred

The new stock market format is terrible. The market age with each exchange was always great reading; everything is lost in the new format.


New stamp marks GSC birthday

Marking the 150th anniversary of the Geological Survey of Canada (GSC), Canada Post is issuing a series of commemorative stamps depicting this country’s leading minerals. Five in all, they will featur…


Penoles leading private company

Within Mexicos private sector, Industrias Penoles is the acknowledged leader in the exploration game. Together with subsidiary Fresnillo, it contributed US$13 million of the US$20 million spent by pri…


Brazil

Brazil has come a long way in the last 20 years in terms of exploration services, engineering expertise and the manufacture of mining and plant equipment. Today, complete services are offered by contr…


Canadian investment in Mexico likely to increase

A research study conducted by management consulting firm A.T. Kearney finds that there is strong potential for increased investment by foreign mining companies in Mexico. The study, sponsored by the M…


Copper smelter `bottleneck’ likely to continue

Arizona-based Magma Copper (NYSE) plans to increase its smelter capacity by up to 20% to take advantage of a growing worldwide “smelter bottleneck,” vice-president Bradford Mills told the Toronto Soci…


PROJECT ROUNDUP (April 20, 1992)

A contract to develop the Bajo de la Alumbrera copper-gold porphyry deposit in northwestern Argentina has been negotiated by International Musto Explorations (VSE) with a quasi-government mining compa…


Chile an obvious exploration target

The most most striking aspect of Chile, the worlds leading producer of copper, is its geographical shape. A mere 200 km wide (on average), it extends for more than 5,000 km along the coastline directl…


Argentine economic reform under way

Fundamental changes in thinking about economic policy are evident in Argentina, says Domingo Cavallo, the countrys minister of the economy. Taking a historical perspective, he notes in a report he co-…


Dowa to joint venture Tizapa project

Dowa Mining is set to develop its first commercial mining project outside Japan after a $32 million bid for the Tizapa polymetallic project in Mexico was accepted by the Mexican government. A world le…



TORONTO STOCK EXCHANGE INDICES (April 20, 1992)

Composite”300″ 3412.64 3389.83 3376.64 3349.03 3318.10 4009.47 3009.91 Metals&Minerals2928.66 2945.76 2879.15 2864.47 2828.26 3453.06 2502.63 Integrated Mines 3101.03 3123.91 3044.40 3029.95 2986.76 3…


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