News

Net earnings of $18.1 million were reported by Cominco (TSE) for its 1992 second quarter ended June 30, a substantial improvement over this year’s first-quarter loss of $4.9 million. The latest result…

Testing is under way on a 1,000-tonne bulk sample taken from the Leopold Downs lamproite pipe in western Australia by Vancouver-based Hemisphere Development (VSE). Hemisphere, which is earning a 80% i…

Western Troy Capital (ASE) has started work on a program to take a 500-ton bulk sample from its gold prospect in Menary Twp. in northwestern Ontario. The company says it has recovered 24 oz. gold from…

In a bid to move its Saskatchewan gold deposits closer to production, Golden Rule Resources (TSE) has agreed to purchase the Jolu mine and mill assets near La Ronge, Sask., for $786,000. Owned by a 70…

Drilling on the Casino copper-gold project in southern Yukon returned a number of wide intersections for owners Casino Silver Mines (VSE) and Big Creek Resources (VSE). Big Creek is earning a 50% work…

Ron Orr and Fred Scholz appointed directors.

Hugh Mogensen appointed director.

When it comes to passing judgment on companies’ management, shareholders have a habit of voting with their feet. If they don’t like the way things are done, they walk away. They don’t have much choice…

Art Reitmeyer, Robert Ingram, Roy Gardner and Nestor Stadnyk appointed directors.

C. Edington and Robert Young appointed directors.

More than US$440,000 has been spent by a unit of Kennecott during the past 18 months on exploration of the lead-zinc-silver Parranda Manto project at Chihuahua, Mex., Kalahari Resources (VSE) reports….

Well known mining engineer Richard (Dick) Murphy, long associated with the Newmont mining organization, has died at the age of 86 following a lengthy illness. A 1927 graduate of Harvard University and…