1992

Freewest gears for number of winter drill programs

Despite continuing low share prices, Freewest Resources (TSE) has much to be optimistic about, President Mackenzie Watson announced at the company’s recent annual meeting. “Things, exploration-wise, a…


METALS MARKETS — Russian nickel sales spur market

Fast-moving news continues to sway nickel markets. Russian exports of official and unofficial nickel are the dominant influence. Unofficial Russian nickel metal and scrap, selling at substantial disco…


New discoveries at Pitt Island

A generation ago, Texasgulf was at the forefront of massive sulphide exploration in Canada. Now, some of the company’s old prospects are beginning to surface with new players applying the latest in ex…


Asarco upgrades Ray reserves

The first calculation of reserves since acquisition of the Ray copper mine in 1986 in Arizona have been completed says Richard de J. Osborne, chairman of Asarco (NYSE). The new figure is in excess of …


Minerex boosts gold output

Gold producer Minerex Resources (TSE) is turning out more of the yellow metal at a lower cash cost this year than it did a year ago. The Vancouver-based company produced 8,390 oz. gold during its 1992…


EDITORIAL PAGE — Paying for the privilege

It’s standard practice for those interested in doing exploration in unfamiliar political jurisdictions to do some preliminary research into the area. Who owns the mineral resources? Who gives out pros…


OBITUARY — W.L. Brown

William Lester (Bill) Brown, a keen field geologist who rose to become general manager of Noranda Exploration and a vice-president of Noranda Mines, died recently in Toronto. He was 81. Born in Brantf…


NEWS IN BRIEF (August 24, 1992)

Stoney Creek Mines Ltd. (STK:VSE) has changed its name to Cyn-Tech Ventures Ltd. with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.


Cominco Res. pursues copper interests

Copper is featured more prominently than gold in the current list of projects being actively explored or developed by Cominco Resources International (TSE) around the world. And more projects could be…



NEWS ROUNDUP — Larche buys Moneta stake

A control block of stock owned by Trans-Dominion Energy Corp. of Calgary has been acquired by John Larche of Timmins, Moneta Porcupine (TSE) announced. Martin Hall and Thomas Vukovich resigned from th…



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