1992

Western markets gained some ground during the period ended Aug. 25. The Vancouver Stock Exchange composite index added 7.2 points to finish at the 577 level, and the resource index posted a 10.9-point…

Already active on a copper project in the Yukon, Western Copper Holdings (VSE) recently optioned a California copper project with a preliminary reserve estimate of 12.5 million tons grading 0.55% copp…

BGR Central Net Value $8.07 $4.86 Price $6.88 $4.50 Discount 14.81% 7.40% Value $47,965,000 $75,709,350…

Growing gold producer Cambior (TSE) has made another move into the base metal side of the mining industry by agreeing to acquire a control position in Audrey Resources (TSE) of Rouyn-Noranda, Que., fo…

The natural resource sector — mining, forestry, energy, farming, fishing and trapping — has fuelled the Canadian economy from day one. These industries and the communities dependent on them have gra…

Lower costs and increased production pushed Agnico-Eagle Mines (TSE) well into the black during the first six months of the year. The gold miner reported a profit of $2.2 million (8 cents per share) c…

The Pine Cove gold property at Baie Verte in Newfoundland is 100% owned by Varna Gold (ASE). An earlier story (T.N.M., Aug. 17/92) referred to plans by NovaGold Resources (TSE) for the property; NovaG…

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug. 25 Aug. 24 Aug. 21 Aug. 20 Aug. 19 Copper 1275-1276 1271-1272 1318-1319 1308-13…

To finance its share of a $12-million underground exploration program at the Holloway gold project near Matheson, Ont., Teddy Bear Valley Mines (CDN) has raised $1.23 million through a private placeme…

Cameco (TSE) of Saskatoon, Sask., has staked a claim to 6,000 sq. km in Alberta, the same size area as was staked by De Beers subsidiary, Monopros, in 1990. The area staked is in what is known as the …

With an improved political climate in Manitoba, mining activity in that province is beginning to return to areas that have been inactive for some time, says A.E. Storey, president of Storimin Explorat…

Joint venture partners Aber Resources (TSE) and Kennecott Canada have pulled a 71-metre intersection grading 6.9% copper from the western extension of the AB zone on the High Lake project in the North…