In the article “NDP killing mining” (T.N.M., Nov. 16/92), M.R. Brown points out that the New Democratic Party is hurting mining in Ontario and British Columbia. However, he did credit Ontario with pro…
The fifth hole of a 5-hole drilling program at the Moss Lake project in northwestern Ontario cut a 62.3-ft. section grading 0.054 oz. gold per ton, Central Crude (TSE) reports. The program was designe…
Toronto-based Tri Origin Exploration (TSE) has raised at least $550,000 through a private placement of 440,000 units at $1.25 per unit, the company reports. Each unit consists of one common share and …
Increased sales of produced copper at higher prices enabled Cyprus Minerals (NYSE) to report a 36% increase in net earnings for its 1992 third quarter from the comparable period a year earlier. The Co…
An option agreement entitling Fischer-Watt Gold (NASDAQ) to purchase the interest of Compania Minerales de Copan S.A. de C.V. in a gold-mining property in Honduras has been amended, Milner Consolidate…
Exploration by American Barrick Resources (TSE) along the northern Carlin Trend in Nevada continues to expand the company’s gold reserves at a phenomenal rate. Brian Meikle, Barrick’s senior vice-pres…
Leslie Redford appointed director. N5…
Toronto-based Tiomin Resources (ME) has completed negotiations to raise at least $3.2 million through a private placement of special warrants to institutional investors. The special warrants will enti…
In order to further decrease its inventory of lead-zinc concentrates, Curragh (TSE) plans to close its Sa Dena Hes mine in the Yukon from Dec. 2 until Jan. 6, 1993. The Sa Dena Hes mine produces 12,00…
Development work at the Louvicourt base metal deposit near Val d’Or, Que., is right on schedule, says Aur Resources (TSE) Executive Vice-President Howard Stockford. Cost of the work program for the Lo…
On our return trip to Beijing, we stopped in the city of Lanzhou on the banks of the Yellow River to meet with the top brass of the Ganzhou Provincial Gold Corp. We learned that Ganzhou province curre…
As a result of weak nickel prices, high inventories, increasing costs and poor market outlook, Falconbridge says it will make further production cuts. Combined with previously announced shutdowns in S…
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