News


Gold funds as of May 9

BGR Goldcorp Central MVP Capital1 Net value $11.59 % 7.25 % 6.26% 0.66 Price $ 9.125% 4.400% 5.50% 0.42 Discount $21.27% 39.3 % 12.1% …


Teck earnings rise

Net earnings for Teck Corp. (TSE) rose to $25.4 million or 31 cents per share in the first quarter of 1989 from $14.5 million or 18 cents in the same period last year. Revenues rose to $78 million fr…


FINANCING (May 15, 1989)

VANCOUVER Fairbanks Gold — gross proceeds rec $5,700,000. Benz Gold Res — opt exerc on 47,500 @ 55 cents per sh. Stow Res — opt exerc on 150,000 @ 45 cents per sh. Fair Harbour Mining — min 800,…


Cambior earnings (May 15, 1989)

Net earnings for the first quarter increased by 32%, to $4.8 million (20 cents per share) from $3.6 million (15 cents per share) the year before, Cambior Inc. (TSE) reports. Revenue for the quarter …


Metal Prices FUTURES PRICES (May 15, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May127.00 124.90 125.60 — 5.65 Jun124.30 123.50 123.70 — 8.00 Jul123.40 120.40 12…



Kerr ups Minnova stake

Kerr Addison Mines (TSE) has been given the go ahead by regulatory authorities to purchase an additional 400,000 shares of Minnova (TSE). The purchase will maintain Kerr’s interest in Minnova above 50…


Arctic Gold drill results

Arctic Gold and Platinum has completed a 12-hole, 5,700-ft diamond drill program on its property at Big Athapapuskow Lake near Flin Flon, Man. The samples have been sent for assaying. Arctic is a priv…


Radisson to buy Duquesne

Radisson Mining Resources (ME) has purchased 1.4 million shares of Duquesne Gold Mines, a private company. Duquesne holds a 75% interest in the Duquesne gold property in Quebec. Radisson must pay $4.2…



Asarco earns $68.6 million (US) in first quarter

A partnership is being formed by Montana Resources and Asarco Inc. to own the former’s Montana copper-mining business. Asarco will purchase a 49.9% interest in the partnership, with Montana Resource…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close