1992

Agreements with a private company and the venture capital arm of a chartered bank to acquire the 50% interest in Mc-Kendry Quarries Ltd. it does not already own have been reached, Midas Minerals (TSE)…

Apparently little affected by constitutional matters, the dollar or interest rates, the Vancouver Stock Exchange drifted lower during the week ended Oct. 6, with the composite index losing 6.99 points…

BGR Central Net Value $8.45 $5.18 Price $7.00 $5.00 Discount 17.17% 3.5% Value $49,547,000 $84,121,500…

Shareholders of Audrey Resources (TSE) approved recently the sale of 20 million common shares to Cambior (TSE) at 65 cents per share (T.N.M., Aug. 31/92), giving the latter control of Audrey. Audrey’s…

More than 200 geologists from all over the world gathered in Sudbury, Ont., Oct. 3-5, to compare the world’s two largest nickel mining districts. The Noril’sk region in northern Siberia, Russia, rival…

An exploration foray into Jamaica was not as productive as expected for Golden Ring Resources (VSE), which recently decided to terminate its option to acquire an interest in the Bellas Gate copper-gol…

In response to floundering nickel markets worldwide, Inco (TSE) is slashing production, curtailing capital expenditures and introducing other cost-cutting measures. Shortly after denying rumors of cut…

Week’s Price (US) Change Gold* $349.50 + $0.50 Silver* $ 3.75 – $0.02 Platinum* $359.00 – $8.50 Nickel** $ 3.01 – $0.02 Lead** $ 0.25 – $0.02 Copper $ 1.03 – $0.03 Zinc $ 0.54 – $0.04 Courtesy of Scot…

Gold and diamond stocks managed to hold their own amid the volatility that gripped North American financial markets during the week ended Oct. 6. Spurred on by major buyers looking for a safe investme…

Incentive term loans from two Ontario government agencies totalling $1 million have been made available to Jarvis Resources (VSE) to establish a marble cutting and polishing facility near Sudbury, Ont…

The president of Societe d’Exploration Miniere Mazarin (ME), Regis Labeaume, is predicting a profit of $5 million for the fiscal year ending March 31, 1993. Based on the current 27.7 million outstandi…

Getting in and out of the mining business is becoming much more costly, thanks to securities demanded for abandonment, a Vancouver lawyer said at a recent environmental law conference here. Lynne Hues…