1992

A 5,000-ft. drilling program will be undertaken by Hemlo Gold Mines (TSE) on the Omega property east of Kirkland Lake, Ont., Greater Lenora Resources (TSE) reports. Hemlo Gold may earn a 60% interest …

Charges by a Montreal accounting professor that Audrey Resources (TSE) inflated earnings statements to entice investors have been denied by Audrey President Guy Hebert. The Montreal Gazette, a Southam…

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 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…

Following the example of its neighbors in eastern Europe, Bulgaria is moving to a market economy. Its state-owned mining research and technology company, Niproruda, is in the process of being privatiz…

The recent restructuring of Breakwater Resources (TSE) has contributed to an improved bottom line, as have cost control measures and improved metal prices. The company owns 49% of a gold mine in Washi…

Despite a sluggish gold price, the TSE’s gold and silver index edged up by almost 300 points during the week ended Sept. 1 as the market took heed of optimistic forecasts for the yellow metal. Investo…

Proceeds of about $135 million will be realized by Cominco (TSE) from the recent sale of its 46.3% interest in Aberfoyle to Australian and international institutions. Aberfoyle owns the Hellyer zinc-l…

In a bid to raise financing for its heavy mineral sand deposit in Quebec, Tiomin Resources has proposed an amalgamation with publicly traded New Pascalis Mines (ME). New Pascalis, 43% owned by Falconb…

Additional funding was recently secured by Kookaburra Gold (VSE) for feasibility work on the Longshot Ridge copper-oxide project in Nevada. Kookaburra’s principal shareholder, Australia-based Xenolith…

An agreement with Consolidated Shoshoni Gold (VSE) to acquire a 50% interest in Shoshoni’s Transmitter Hill gold property in Utah has been entered into by Goldstack Resources (VSE). The property is ad…

A new orebody known as the Nacional zone was defined during a recent exploration and development program carried out by Breakwater Resources (TSE) at its El Mochito mine in Honduras. The new zone, whi…