A 9,800-sq.-km area near Cobalt, Ont., may be reopened for staking if the Ontario government and Teme-Augama Anishnabai band agree to lift a 20-year-old land caution on the mineral-rich ground. Follow…
North American Gold was the top trader on the Alberta Stock Exchange for the week ended Aug. 20 with 286,300 shares changing hands. It closed down 38 cents at $3.75, representing more than $1 million …
Despite reductions in operating costs, Westmin Resources (TSE) reported a net loss of $5.85 million in the 1991 second quarter after preferred dividends, and a net loss of $11.03 million in the 1991 f…
A new reserve figure has been calculated by Canchrome Mines (ME) for its Reed-Belanger chromite property 10 km south of Thetford Mines, Que. The new figure, 5.5 million tonnes grading 6.63% Cr2O3, is …
Reports from the bush don’t seem to have awakened the market from its summer lull. News about Wye Resources’ encounter of a mineralized zone on the Gorham property, five miles north of Thunder Bay, On…
The latest results for gold and silver producer Asamera Minerals (TSE) show a turn for the better with net income of US$4.23 million for the 1991 second quarter ended June 30. This compares with a los…
Utah-based Centurion Mines (NASDAQ) recently acquired a disseminated gold-copper project, 175 miles northwest of Spokane, Wash., and 30 miles south of the Canadian border. Partially tested by 118 dril…
A drop in the price of copper as well as lower investment income pushed earnings down for Gibraltar Mines (TSE) during the first half of 1991. The company reported earnings of $2 million on revenues o…
North America’s largest gold producer, Newmont Gold (NYSE), reported pouring its 10 millionth oz. Aug. 1 from its mines on the Carlin Trend in northeastern Nevada. Newmont brought its first Carlin Tre…
Toronto-based Parlake Resources has changed its name to Concord Capital Corp. (TSE) to more accurately reflect its status as a holding and investment company rather than as a resource-based concern.
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
American Barrick Resources (TSE) may have dropped its plan to merge with Newmont Mining (NYSE) of Denver, but executives within the Toronto company continue to make money in the stock market. Accordin…
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