1992

Plans are afoot to reactivate Lyndex Explorations (CDN). Subject to regulatory approvals, the company plans to offer by way of a private placement 400,000 treasury shares on a flow-through basis at 15…

ALUMINUM: MW U.S. market US59.25-59.90 cents per lb. (Aug. 20, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 199…

Kingswood Resources (ASE) has signed an agreement with Nemiscau Mines, a subsidiary of Inco (TSE), to earn a 100% interest in a 6-claim property 120 miles north of Matagami, Que. Surrounded by Kingswo…

Toronto-based Deak Resources (TSE) recently signed two deals designed to secure future feed for its Kerr mill at Virginiatown, Ont. In Quebec, the gold miner has negotiated an option-royalty agreement…

Charges by a Montreal accounting professor that Audrey Resources (TSE) inflated earnings statements to entice investors have been denied by Audrey President Guy Hebert. The Montreal Gazette, a Southam…

There is an opportunity for Canada’s Constitution “fixers” to make the proposed new Senate truly representative of the country’s regions. But if they stop at simply giving provinces equal representati…

The Little Giant gold-copper property in Arizona has been purchased by Goldstake Explorations (TSE). The purchase price was US$200,000 in cash, and a 2% gross production royalty with a minimum royalty…

The mineral potential of Utah is being given serious attention by Centurion Mines (NASDAQ), now the state’s largest holder of precious metals properties. The most recent acquisition was a 25% undivide…

Following the example of its neighbors in eastern Europe, Bulgaria is moving to a market economy. Its state-owned mining research and technology company, Niproruda, is in the process of being privatiz…

The recent restructuring of Breakwater Resources (TSE) has contributed to an improved bottom line, as have cost control measures and improved metal prices. The company owns 49% of a gold mine in Washi…

In a bid to raise financing for its heavy mineral sand deposit in Quebec, Tiomin Resources has proposed an amalgamation with publicly traded New Pascalis Mines (ME). New Pascalis, 43% owned by Falconb…

Additional funding was recently secured by Kookaburra Gold (VSE) for feasibility work on the Longshot Ridge copper-oxide project in Nevada. Kookaburra’s principal shareholder, Australia-based Xenolith…