Earnings Reports (February 20, 1989)

For the year ended Dec 31, the company reports net earnings of $108.1 million or $1.03 per share. For the same period a year earlier, the company reported net earnings of $85.8 or 83 cents per share.

Gold sales during the quarter were the highest quarterly sales in the company’s history — 309,800 oz compared with 152,000 oz during the fourth quarter of 1987.

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