1992

An agreement to acquire a group of claims in the Sierra Valenzuela copper district in northern Chile has been signed by 50-50 joint venture partners Minera Rayrock (TSE) and Compania Hecla Minera Limi…

Junior Golden Tag Resources (VSE) has increased its interest in the Verneuil Twp. gold property southeast of Matagami, Que., from 50% to 60%. The company has also staked an additional five claims to b…

Frustrated with a lethargic gold price and the difficult task of maintaining reserves, some of Canada’s largest gold producers are turning to base metals for future growth. Placer Dome has made no sec…

I agree with concern over the proposed labor laws in your editorial “Driving Directors Away” (T.N.M., Aug. 24/92). The ridiculous situation can leave a responsible individual, who is spending time and…

David Miller and John Brock appointed directors.

Despite some delays and setbacks, St. George Metals (VSE) recently poured its initial dore from pilot plant facilities at the Dean mine in the Battle Mountain district of Nevada. The Houston-based com…

Parts distributor Mining and Allied Supplies (Canada) says it has filed for an initial public offering of up to six million units consisting of one common share and one common share purchase warrant. …

Plans are afoot to reactivate Lyndex Explorations (CDN). Subject to regulatory approvals, the company plans to offer by way of a private placement 400,000 treasury shares on a flow-through basis at 15…

Toronto-based Deak Resources (TSE) recently signed two deals designed to secure future feed for its Kerr mill at Virginiatown, Ont. In Quebec, the gold miner has negotiated an option-royalty agreement…

There is an opportunity for Canada’s Constitution “fixers” to make the proposed new Senate truly representative of the country’s regions. But if they stop at simply giving provinces equal representati…

The Little Giant gold-copper property in Arizona has been purchased by Goldstake Explorations (TSE). The purchase price was US$200,000 in cash, and a 2% gross production royalty with a minimum royalty…

The mineral potential of Utah is being given serious attention by Centurion Mines (NASDAQ), now the state’s largest holder of precious metals properties. The most recent acquisition was a 25% undivide…