Placer earnings soar on Placer Pacific sale
Selling part of an Australian subsidiary boosted Placer Development’s net earnings to $113.7 million for the period ended Sept 30. The sale of a 21.4% interest in Placer Pacific, which represented a n…
Selling part of an Australian subsidiary boosted Placer Development’s net earnings to $113.7 million for the period ended Sept 30. The sale of a 21.4% interest in Placer Pacific, which represented a n…
Production at Abcourt Mines’ Abcourt-Barvue silver-zinc mine in northwestern Quebec is planned to increase gradually to 700 tons per day in January, 1987, the company says. The mine averaged 471 tons …
Just a few days ago, the Mining Association of Canada met with Fin ance Minister Michael Wilson to set out the mining industry’s views and concerns regarding tax reform in this country, and its possib…
What has been dubbed by the industry as a “dog and pony” show is probably what led to a round of heightened trading activ ity in the shares of Seabright Resources on the Montreal and Toronto stock exc…
A longtime mining and construction executive, Stan McClay, has died at age 77. A native of Vancouver, Mr McClay began his career in the mid- ’20s at Copper Mountain near Princeton, B.C., and during th…
for-share basis.
share-for-share basis.
A common share offering, with an international flavor, has been announced by Edmonton-based Echo Bay Mines, the proceeds of which will go to help finance its acquisition of Tennaco’s North American go…
There’s a new breed of mining company emerging on the Canadian mining scene. Characterized by aggressive, acquisition-minded management, they’re challenging established giants of the industry for lead…
Although Pine Point Mines posted a healthy $5.2-million profit in the third quarter, the picture for nine months was less than satisfactory. A loss of $4.6 million was reported, compared to a profit …
In a brilliant coup which startled this country’s financial district s, one of Canada’s top developers, Robert Campeau, single- handedly gained control of Allied Stores Corp., a huge U.S. store chain….
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