News


Inco boosts size of debenture issue

The size of a U.S. dollar debenture offering has been increased by Inco (TSE) to US$200 million from US$150 million (T.N.M., June 15/92) because of strong investor demand, the company says. The debent…


GUEST COLUMN (June 29, 1992)

Meaning “Our Land” in Inuktitut, Nunavut is the new Inuit territory to be formed from the Northwest Territories’ eastern Arctic portion. The creation of Nunavut no later than April 1, 1999, is expecte…


INSIDER TRADING (June 29, 1992)

Freewest Resources (TSE) director Robert Buttars profited recently by exercising stock options and then selling the shares at a substantial premium to the exercise price. According to the Ontario Secu…


Musto seeks funds for Argentine project

In order to raise funding for a feasibility study on the Bajo de la Alumbrera copper-gold property in Argentina, International Musto Exploration (VSE) recently filed a preliminary prospectus for a com…


STOCK MARKETS (June 29, 1992)

Tyler Resources stood out as a winner among softening diamond stocks during the week ended June 23 as the issue moved to a new high of 34 cents on The Toronto Stock Exchange before slipping slightly t…




LETTERS TO THE EDITOR (June 29, 1992)

Our magazine applauds your addressing the topic of gold dumping. (T.N.M., May 11/92). The dumping of government gold stock by the Canadian central bank, however, is not being executed to reduce federa…


EDITORIAL PAGE (June 29, 1992)

After years of cutbacks in search of improved productivity, only the best of the best are left among the ranks of mining professionals — or at least that’s the optimistic view. Others say those left …



Kookaburra buys

Following the purchase of a 15% net profits interest in the Longshot Ridge property from CoCa Mines, Kookaburra Gold (VSE) now owns a 100% undivided interest in the property. Kookaburra purchased CoCa…


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