MINER DETAILS — B.C. government plays hardball
Mining is being given a red-carpet welcome in Manitoba. To drive home the point, officials from the province came to Vancouver to talk about a new package of incentives designed to attract investment …
News
MINING IN MEXICO — PROJECT ROUNDUP — Hillsborough in
Toronto-based Hillsborough Resources (TSE) recently signed a joint venture agreement with Industrias Luismin S.A. de C.V. of Mexico City to provide mine engineering and contracting services in Mexico….
NEWS ROUNDUP — Westminer options Chibougamau properties
An agreement has been signed between Westminer Canada and Cache Explorations (ME), allowing Westminer to acquire up to a 90% interest in Cache’s Fenton and Guercheville Twp. gold properties near Chibo…
Sweden selling mineral rights in effort to increase activity
Sweden will put its state-owned mineral rights on the international block following a resolution that all exploration ventures managed by the government should be discontinued. Until recently, the Sta…
Goldstream profit boosts Bethlehem
Now in its second year of operation, the Goldstream underground copper-zinc mine near Revelstoke, B.C., helped 50% owner Bethlehem Resources (TSE) report net earnings of $860,000 for the second quarte…
Ontario fines Deak $50,000 for Larder Lake cyanide spill
Toronto-based Deak Resources (TSE) has been fined $50,000 after reluctantly pleading guilty to a charge of “discharging effluent into Larder Lake that may impair the quality of the lake.” The Ontario …
Taseko boosts reserves, but Fish Lake still on the block
A continuing drill program at the Fish Lake property southwest of Williams Lake, B.C., has boosted a preliminary estimate of reserves to 1.19 billion tons grading 0.23% copper and 0.012 oz. gold based…
Orcana drilling Arizona property
A drilling program is under way at the Castle Copper property in Arizona’s Yavapai Cty. about 50 miles northwest of Phoenix, Orcana Resources (VSE) reports. The company describes the deposit as having…
STOCK MARKETS — Taseko stock price reacts to news about Fish
The price of gold fell more than $6 to the US$344-per-oz. level during our report period ended Oct. 13. This decline, coupled with media coverage of a recent article in The Observer (a respected Londo…
Minnova plans more work for Gataga
A field program was recently completed by Minnova (TSE) on the Gataga properties adjacent to the Stronsay project in the Kechika Trough barite-lead-zinc-silver district of northeastern British Columbi…
TORONTO STOCK EXCHANGE INDICES (October 19, 1992)
Oct.13 Oct.12 Oct.9 Oct.8 Oct.7 High Low Composite”300″3214.85 N/A 3218.49 3215.36 3229.49 4009.47 3009.91 Metals&Minerals 2643.36 N/A 2650.40 2637.92 2683.71 3453.06 2502.63 Integrated Mines2718.39 N…
GOLD FUNDS (October 19, 1992)
BGR Central Net Value $8.40 $5.20 Price $7.00 $5.00 Discount 16.64% 3.8% Value $49,227,000 $84,121,500…