News

NEWS ROUNDUP — CSA revenues and expenses decline

Earnings and revenues for CSA Management (TSE) declined last year as a result of a non-recurring gain of $1.4 million on the sale of an investment in securities realized during 1992. CSA reported a ne…



Eden Roc hits gold in five zones

Encouraging drill results, coupled with an imminent influx of $17.6 million cash, bode well for Eden Roc Minerals (TSE). On its 68%-owned, 320-sq.-mile concession in Ivory Coast, the company has inter…


Agnico-Eagle increases earnings

Higher gold prices, together with higher grades at the LaRonde mine in Quebec, enabled Agnico-Eagle Mines (TSE) to earn more money in 1993 than in the previous year. Revenue from the Val d’Or area min…


COMMENTARY — Tungsten and the Chinese market

China is affluent in tungsten resources and its operational costs are lower than those of most tungsten producers in the world. Although the demand for tungsten in the world market is not strong, if C…


Goldcorp approached 100,000 oz. in `93

Total attributable gold production for Goldcorp (TSE) approached 100,000 oz. in 1993, compared with 92,798 oz. in the previous year. Goldcorp is the major shareholder of Dickenson Mines (TSE) and Whar…



IGR options ground in Ghana

Junior International Gold Reserve (CDN) has optioned a 27-sq.-mile concession in western Ghana. The ground, near Tarkwa, is underlain by a conglomeritic unit which hosts the Iduapriem and the Teberebi…



Black Swan gets Liberty Bell

Junior Black Swan Gold Mines (TSE) can acquire a past-producing gold mine in Alaska from a private U.S. company, in return for issuing 20 million treasury shares. The Liberty Bell mine started up in t…


Cyprus, Holmstead in joint venture

Junior International Holmstead Resources (VSE) will join with Cyprus Canada to explore the former’s Rand gold property. The property comprises nine contiguous claims in the southeastern part of Kirkla…


Toronto Stock Exchange Indices (March 07, 1994)

— 1994 — Mar 1 Feb 28 Feb 25 Feb 24 Feb 23 High Low Composite”300″ 4390.43 4423.84 4364.23 4329.12 4368.35 4601.09 4286.54 Metals&Minerals 3584.95 3661.93 3618.73 3555.22 3569.71 3855.09 3495.59 Int…


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