Porgera ups Placer Dome output
A new quarterly record for gold production was set by Placer Dome (TSE), which turned out a total of 505,000 oz. for its most recent quarter ended June 30. But the company’s latest operating results s…
News
Maps planned for 8 townships
Three geological mapping projects will be conducted to identify mineral potential in an area in northwestern Ontario extending across eight townships from Kashabowie to Murillo, Ontario’s Ministry of …
QPA convention set for Val d’Or
Theme of this year’s Quebec Prospectors Association convention, scheduled for Sept. 16-18 in Val d’Or, Que., is “Exploring in Quebec?”, with the focus on evaluating the future of mining exploration in…
PEOPLE — GREAT NORTHWEST RESOURCES
Kirkkiat Jalichan, Rakash Saxena, Brian Blake and Robert Smiley appointed directors.
Toronto Stock Exchange Indices (August 17, 1992)
Aug 11 Aug 10 Aug 7 Aug 6 Aug 5 High Low Composite”300″3404.67 3408.78 3406.30 3398.65 3406.19 4009.47 3009.91 Metals&Minerals 3000.32 3009.25 3021.60 3029.48 3031.48 3453.06 2502.63 Integrated Mines3…
Victoria secures exploration funds
Subject to regulatory approval, Victoria Resource (VSE) recently negotiated a brokered private placement through Yorkton Securities. The placement includes up to two million units at 35 cents each. Th…
Tan Range plans Tanzanian work
A $450,000 private placement has been completed by Tan Range Exploration (ASE), which plans to begin exploration on several recently granted concessions in northern Tanzania. One concession covers the…
Production decision for Sleeping Giant
Sleeping Giant mine partners Cambior (TSE) and Aurizon Mines (TSE) say they will place the Quebec gold project into production during the second quarter of 1993.
O&C sells stake in Panamanian firm
Osborne & Chappel Goldfields (TSE) has reached an agreement in principle to sell its main asset, a 25% interest in Los Lilenes S.A., to Odin Mining and Investment. Odin currently owns the remaining 75…
Metall affiliate awards mine contract
The first major contract at Turkey’s largest mine development project has been awarded by Metall Mining (TSE) affiliate Cayeli Bakir Isletmeleri A.S. A consortium comprised of Lurgi Metallurgie GmbH o…
NEWS ROUNDUP — Teck’s mines report profits
With all mining divisions operating profitably, Teck (TSE) reported net earnings of $12 million for this year’s second quarter ended June 30, up from $9 million in the previous quarter and similar to …
Mikwam drill results released
Drill results from Trader Resources’ (TSE) 50% owned Mikwam property in northwestern Quebec’s Casa Berardi area have not been able to match results from the first hole which included a 14.1-ft. sectio…