Money-losing mine hits Metall earnings
Higher than expected operating and restructuring costs at the Copper Range mine in northern Michigan will reduce Metall Mining’s (TSE) 1990 income by about $7 million, the company estimates. Although …
Higher than expected operating and restructuring costs at the Copper Range mine in northern Michigan will reduce Metall Mining’s (TSE) 1990 income by about $7 million, the company estimates. Although …
The Vancouver Stock Exchange composite and resource indices continued to push ahead over the period ended Feb. 12. The composite index added 13.10 points to finish at 524.59, while the resource index …
Toronto-based Minnova (TSE) has signed a formal agreement, allowing it to disapprove the well-known myth that Nova Scotia can’t support a profitable gold mining operation. Under the agreement, Minnova…
To generate rapid cash flow, Greenstone Resources (TSE) is putting its 49% owned Santa Rosa gold project in Panama on the “fast track” to production, shareholders were told at the annual meeting. Sant…
I’m not driving any BMW as yet. But my present car, whcih boasts full-time 4-wheel drive with height control, is certainly a quantum leap above my first one, to which I became quite attached. This was…
Colorado-based Canyon Resources (NASDAQ) and a unit of Phelps Dodge (NYSE) have jointly purchased a number of Montana gold properties from Western Energy, a subsidiary of Montana Power. The propetry p…
Prodded by softening interest rates and expectations of a mid-year end to the recession, the bulls went on a 2-week walkabout that sent trading volumes soaring to levels not seen since the summer of 1…
Sky high interest rates and a downturn in the Canadian forest industry were reflected in the 1990 financial results reported recently by Toronto-based Noranda(TSE). Largely because of poor markets for…
The 1990 year end results for Bond International Gold (TSE) provided the first details released by the company of its 1990 summer exploration program on the Red Mountain property near Stewart B.C. A t…
Regarding your editorial “The wasted potential of COATS” (T.N.M., Jan. 28/91), we at the Toronto Stock Exchange would like to present our perspective on the issue. The Canadian Dealer Network (CDN), t…
VANCOUVER Based on observations from drilling, partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting a general increase in sulphide content within the Black Dog horizon as drilling pro…
Numac Oil and Gas, an oil and gas producer in Western Canada that has a 15% interest in the developing Midwest uranium deposit in Saskatchewan, recently listed for trading on the Montreal Exchange.
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