Earnings Reports (January 16, 1989)
U.S. Gold Corp. of Denver, Colo., reports net income for the 3-month period ended Sept 30 of $352,000 (US) or 1 per share on revenue of $1.9 million. For the same period a year earlier the company re…
U.S. Gold Corp. of Denver, Colo., reports net income for the 3-month period ended Sept 30 of $352,000 (US) or 1 per share on revenue of $1.9 million. For the same period a year earlier the company re…
La Fosse Platinum (TSE) has made an offer to purchase up to a 60% interest in Louvicourt Gold Mines (COATS). La Fosse is offering one of its shares for every four common shares of Louvicourt. The offe…
Pierre Beauchemin was a towering figure on the mining horizons of the province of Quebec. He was the founder of one of this country’s leading mining organizations, the Sullivan Group of companies. Of …
With assay results in for the first ten holes of a major delineation drill program, United Lincoln Resources Inc. (VSE) is reporting an increase in gold grades at the open, southern end of the MBX dis…
A couple of former executives in LAC Minerals’ (TSE) exploration wing have agreed to lend their expertise to a new mining group. When the assets of Alberta-listed companies Perrex Resources (ASE), Alb…
Photo by George Onuska Bill James, right, president of Falconbridge Ltd. and the keynote speaker at the recent inaugural dinner for the Canadian Mining Hall of Fame, points out to fellow head-table gu…
This country’s mine-finders and mine-makers are recognized internationally as the best — everywhere but right here at home. For the average Canadian, we suggest, remains quite unaware of the very sig…
A lawyer by profession, James Y. Murdoch, who became first president of the fledgling Noranda Mines in 1922, at the age of 32, was one of the greatest builders Canada ever produced, not just a mine-…
After persuading E.B. Eddy Forest Products to extend the deadline for an option agreement at the old Jerome mine near Swayze, Ont., Toronto-based Jerome Gold Mines (ASE) has raised $500,500 to finance…
Full ownership of the Golden Zone property in Alaska has reverted to Golden Zone Resources (VSE) after an option agreement with United Pacific Gold (VSE) was recently terminated. Grant Hagestad, chair…
A $3-million share purchase agreement with VSM Exploration involving six million flow-through shares will give Placer Dome (TSE) controlling interest in the exploration company. Placer has agreed to p…
Malcolm Slack and his crew have entered the nickel business. The well-known Canadian mining man and his team expect to have the high grade Redstone nickel deposit near Timmins, Ont., in production by …
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