1992

Midas acquiring all of McKendry

Agreements with a private company and the venture capital arm of a chartered bank to acquire the 50% interest in Mc-Kendry Quarries Ltd. it does not already own have been reached, Midas Minerals (TSE)…




NEWS ROUNDUP — Cambior acquires control of Audrey

Shareholders of Audrey Resources (TSE) approved recently the sale of 20 million common shares to Cambior (TSE) at 65 cents per share (T.N.M., Aug. 31/92), giving the latter control of Audrey. Audrey’s…



Golden Ring drops project in Jamaica

An exploration foray into Jamaica was not as productive as expected for Golden Ring Resources (VSE), which recently decided to terminate its option to acquire an interest in the Bellas Gate copper-gol…



Spot prices at a glance (October 12, 1992)

Week’s Price (US) Change Gold* $349.50 + $0.50 Silver* $ 3.75 – $0.02 Platinum* $359.00 – $8.50 Nickel** $ 3.01 – $0.02 Lead** $ 0.25 – $0.02 Copper $ 1.03 – $0.03 Zinc $ 0.54 – $0.04 Courtesy of Scot…



Jarvis secures funds for facility

Incentive term loans from two Ontario government agencies totalling $1 million have been made available to Jarvis Resources (VSE) to establish a marble cutting and polishing facility near Sudbury, Ont…


Mazarin projecting profitable year

The president of Societe d’Exploration Miniere Mazarin (ME), Regis Labeaume, is predicting a profit of $5 million for the fiscal year ending March 31, 1993. Based on the current 27.7 million outstandi…



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