News

Inuit approve land settlement

A $580-million land claim settlement with the federal government covering the eastern portion of the Northwest Territories was recently approved in a referendum by Inuit voters. About 80% of those eli…




TORONTO STOCK EXCHANGE INDICES (November 23, 1992)

Nov. 17 Nov. 16 Nov. 13 Nov. 12 Nov. 11 High Low Composite”300″3218.52 3236.39 3269.33 3283.78 3286.39 4009.47 3009.91 Metals&Minerals 2529.21 2553.42 2589.46 2624.54 2661.24 3453.06 2502.63 Integrate…



Echo Bay fails TSE 35 test

Shares of Echo Bay Mines (TSE) may be dropped from The Toronto Stock Exchange’s 35 index if the company fails to meet certain criteria by year-end, the exchange reports. The index consists of the 35 m…



NEWS ROUNDUP — Beauchamps plans drilling program

Surface work, including linecutting and trenching has been completed at the Veneuil Twp. gold property in northwestern Quebec, Beauchamps Exploration (VSE) reports. The company says a new zone 1.5 mil…


Morgain options Mexican deposit

Toronto-based Morgain Minerals (VSE) has been granted an option to acquire a 100% interest in the Cuatro Hermanos property, a copper-molybdenum prospect southeast of Hermosillo in Sonora, Mexico. Unde…



U.S. ROUNDUP — CanTung takes plant writedown

The 56% owned subsidiary of Amax (NYSE), Canada Tungsten Mining (TSE), has announced a writedown of its ammonium paratungstate plant at Fort Madison, Iowa. The long-term leasehold value of the plant h…



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