Barytex plans reorganization
A proposed combination with private company Romanex Resources would result in a change in control for Barytex Resources. The reorganization calls for Sutton Resources (VSE) to subscribe for 1.75 milli…
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Altai raising working capital
Two private placements, worth a combined $300,000, have been negotiated by Altai Resources (TSE) with American investors. One placement involves 428,572 units at 35 cents per unit and the other 375,00…
Kennecott,Centurion in joint venture
A preliminary agreement enables Kennecott to earn a 51% interest in several properties of Centurion Mines (NASDAQ). Most are in the vicinity of the Silver City townsite and Sunbeam mine, south of Eure…
Canadian systems on exhibit at trade show in Germany
Canada will be well represented at next month’s Geotechnica trade show for geosciences and technology in Cologne, Germany. The country will, in fact, be the second-largest foreign exhibitor, with more…
Activities report available
The annual Report of Activities (1992 edition) is available at mining recorders’ offices across Ontario. Featuring 107 pages of maps, charts and articles, the Report contains a record of mining, devel…
Praxair wins safety awards
A gas supplier to Canadian mines, Praxair Canada of Mississauga, Ont., has won two major safety awards from the Compressed Gas Association of Arlington, Va. The Leonard Parker Pool Safety Award honors…
Hecla sets safety record
A safety record has been set by Hecla Mining. The company’s Republic gold mine in northeast Washington state experienced no lost-time accidents in all of 1992. In fact, the last accident resulting in …
PEOPLE — CONS KELD’OR
Bruce Thorndycraft and Kim Farran appointed directors. N5…
Formation drill program under way at Black Pine
Drilling is under way at the Black Pine property, 17 miles southwest of Salmon, Idaho. Formation Capital (VSE), the owner, plans to drill 12 holes for a total of about 5,000 ft. A large, stratabound, …
Noranda continues to test Kliyul play
Exploration of the Kliyul property, 200 km northeast of Smithers, B.C., will continue, Vital Pacific Resources (VSE) reports. Noranda Exploration is performing the work for associated company Hemlo Go…
Change in thinking needed: Wilson
Canadian geophysicist John Tuzo has called for a scientific revolution in the earth sciences. In a speech in Toronto, Wilson, who is one of the early proponents of continental drift and plate tectonic…
Pegasus boosts Zapopan interest
The exercise of a put option will result in Pegasus Gold (TSE) owning 60.5% of Australian-based Zapopan. Ventures Trident Limited Partnership holds a put option requiring Pegasus to buy its Zapopan co…