Madeleine settles legal problems
Almost six months after taking over the reins at Madeleine Mines (TSE), representatives of Oklahoma-based Kaiser-Francis Oil have resolved all remaining charges pending against the Toronto company. Ma…
News
86-year-old Jack Kentish continues with nickel venture
Almost 56 years after he began prospecting in the Val d’Or, Que., region, John Kentish was recently awarded the 1991 PDAC Distinguished Service Award for his many accomplishments in the mining industr…
Placer explores Shear copper-gold
The Shear property near Aspen Grove in south-central British Columbia is being explored by Placer Dome (TSE) for its potential to host porphyry copper-gold deposits. The major can acquire a 51% intere…
Ontario to stress minerals’ role
Provincial mining officials will remind the public of the important role that minerals play in everyday life when Ontario’s third annual Mining Week gets under way June 1. As part of a program titled …
War Eagle is encouraged by drilling at La Blanca
Recent drilling on the La Blanca property in the state of Chihuahua in Mexico has owner War Eagle Mining (VSE) optimistic ongoing work will prove up a large silver-gold deposit. Based on eight drill h…
United Pacific posts gain
Claiming top spot as the most active issue on Canadian exchanges for the week ended April 7 was United Pacific Gold (VSE). During this period, the Vancouver-based junior mining company posted a gain o…
NEWS IN BRIEF (April 13, 1992)
Luxor Resources Ltd. (LRL:VSE) has changed its name to Luxor Industrial Corp. (LRL:VSE) with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Montreal Trust.
GUEST COLUMN (April 13, 1992)
This is a fortuitous time to be marking the Geological Survey of Canada’s 150th anniversary (the official anniversary of the survey is April 14, 1992.) We are in the midst of a profound process of con…
PEOPLE (April 13, 1992)
Donald Shwery appointed president; David Edwards ap- pointed director.
Teck invests in Chilean venture
Armed with funds from a recent private placement, Arauco is planning to accelerate exploration programs on the more developed properties which it has acquired in southern Chile. Funding for this work …
Sale of interest in Cominco, Afton lifts Metall income
Proceeds of $18 million from the sale of its interest in Cominco (TSE) and Afton Mining boosted Metall Mining’s (TSE) earnings to $15.2 million (35 cents per share) in 1991 from $2.9 million in 1990. …
Cheni to lease Mets gold deposit
A recent agreement with two junior companies sets the stage for Cheni Gold Mines (TSE) to begin a feasibility study and development plan to mine and mill the Mets gold deposit in the Toodoggone distri…