The article “Madsen puts hope in `Mr. Chibougamau'” (T.N.M., Oct. 26/92) appears to give credit where credit is due. That is often the case when a single source is quoted. In the article, Ram Kanwar i…
A Toronto-based mutual fund recently agreed to purchase a $450,000 unit offering from Orvana Minerals (TSE). The placement totals one million units priced at 45 cents per unit, with each unit comprise…
Scheduled for Nov. 18 at Ottawa’s Westin Hotel is the Mineral Outlook ’92 conference, sponsored by Energy, Mines and Resources Canada (EMR). The focus is on access to markets and to the lands, with sp…
British Columbia’s mining industry is expressing concerns about Bill 84, the new labor relations code introduced in the provincial legislature in late October. Tom Waterland, president of the Mining A…
Mining executive of Inco Ltd. for more than two decades, W.R.O. (Roy) Aitken died Nov. 5 after a brief illness. He was 60. Aitken was appointed assistant to the chairman and chief executive officer la…
Drilling is under way on the Lewis Ponds property in southeastern Australia, reports Tri Origin Exploration (TSE). The 1,000-metre program will consist of widely spaced stepout holes around hole TLPD-…
Semi-monthly reports as of Oct. 31, showed 38,169,498 shares of 570 issues compared with 32,416,745 shares of 572 issues on Oct. 15. Larger individual positions included: Amer. Barrick 244,200; BP Can…
A junior based in the Ottawa area, Kinbauri Gold, hopes that a damage lawsuit with International African Mining Gold (IAMGOLD) of Markham, Ont., can be resolved in the near future so that it can begin…
The Battle zone is being extended by Westmin Resources’ (TSE) ongoing drill program at the Myra Falls mine property near Campbell River, B.C. Two recent holes extended the zone a significant distance …
Under an agreement-in-principle with Noranda (TSE), Major General Resources (VSE) has been granted the option to earn a 50% interest in six properties in northwestern Ontario. The properties, accessib…
The president of Horne Fault Mines (CDN), Gordon Leliever, recently took a healthy profit on his investment in the junior when he exercised 701,780 options at 10 cents then sold 1.03 million at 20 cen…
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Oct. 29, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…
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