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Mineral industry must be aggressive agenda-setter

Participants at a recent seminar hosted by the Centre for Resource Studies in Toronto were told the Canadian mining industry must become an agenda-setter rather than an agenda item if it wants to main…


Lyndex raises exploration funds

Lyndex Exploration (CDN), which has raised $200,000 via a private placement of 1,000,000 treasury shares on a flow-through basis, is embarking on an exploration program in Ontario’s Timmins Kidd Creek…


Rhonda, Aaron secretive about plans

Joint venture partners Rhonda Mining (ASE) and Aaron Oil (ASE) may or may not have started to drill-test a diamond target this month on their Fort a la Corne property near Prince Albert, Sask. Peter G…


MINER BRIEFS — Transpacific debt

Transpacific Resources (TSE) says it is carrying out a restructuring under which its approximate $6-million debt will be converted to equity. The company has plans to commercialize its patented techno…


MINER BRIEFS — Aluminum smelter

Joint venture partners SNC-Lavalin of Montreal and Johannesburg-based Engineering Management Services say they will join with Alusaf Ltd. to construct the world’s largest aluminum smelter ever built a…


MINER BRIEFS — Peat transaction

Peat “T” Inc. of Edmonton says it has agreed to purchase the working assets of North Star Peat, an Edmonton-based company which harvests, processes and markets peat, by the end of 1993. Peat “T” says …


NEWS IN BRIEF (November 23, 1992)

Greyhawk Resources Ltd. (GHK:VSE) has changed its name to GHK Resources Ltd. (GKS:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Pacific Corp. Trust.


Cyclone samples Somerset claims

The first four samples taken from outcropping kimberlites on Cyclone Capital’s (VSE) Somerset Island claims in the Northwest Territories have been crushed, concentrated and will be sent to John Gurney…



Price plunge may trigger more Inco cuts

If the nickel market continues to deteriorate, further production cuts could be in store at Inco’s (TSE) operations, says Chairman Michael Sopko. “We cannot carry the rest of the industry,” he told an…


Curragh schedules production shutdowns

Zinc producers need to follow the lead of Curragh (TSE) and cut production if they want to prevent further erosion of the zinc price, says Julian Baldry, an analyst with Nesbitt Thomson. Curragh says …


NEWS ROUNDUP — Metall to sell Teck shares

Metall Mining (TSE) has announced a secondary offering of five million class B subordinate voting shares of Teck (TSE). The offering will net Metall about $93.8 million which will be used to help fina…


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