Higher base metal prices brightened the financial picture considerably for Westmin Resources (TSE) during the first nine months of 1988. The company reported net earnings of $16,066,000 or 9 per commo…
The novel shareholder protection rights program adopted by Pegasus Gold Corp. (TSE) is designed to prevent “creeping takeovers and other coercive acquisition tactics,” the company says. The plan has b…
With operations at its Telbel shaft now back to normal and its 32%- owned Dumagami Mines (TSE) subsidiary coming on strongly, Agnico- Eagle Mines’ (TSE) Paul Penna is breathing much easier these days….
With gold prices off slightly, investors were turning their attention to copper this week. Following an announcement that a high grade copper showing has been found at the Rambler property near Baie V…
A 3-compartment, rectangular shaft should be completed on Acadia Mineral Ventures’ (TSE) Mooseland property in Nova Scotia by mid-summer, 1989, according to Grant Bye, project manager. Speaking at the…
Noranda Inc. (TSE) is taking out a 100-ton surface bulk sample from five test areas on the No 6 and No 8 zones in the Mishibishu Lake area. Located 30 miles west of Wawa, Ont., the property is being e…
Investors continued to beat on gold equities, dumping shares of companies in all catagories. The index responded to a $4 decline in the price of bullion, which opened at $422.60 on the second London f…
Volume leader this week on COATS was Atlantic Goldfields. The issue saw volume increase to well over 300,000 shares with active trading in the 50 -57 range, a low for the past few weeks. In October, …
Freeport-McMoran Gold (NYSE) reports net income for the 3-month period ended Sept 30, of $6.58 million(US) or 16 per share on revenue of $27.3 million. For the same quarter a year earlier the company…
Queenstake Resources (TSE) of Vancouver reports net earnings for the 3-month period ended Sept 30, of $398,687 or 4 per share on revenue of $4.8 million. For the same quarter a year earlier the compa…
Amer Chromium — Savanna Res bought 500,027 (private) @ 10 to hold 10,410,726. Belmoral — A. Brown sold 16,500 (Oct) @ $1.69-1.85 to hold 1,005,931. F. Brown sold 17,000 (Oct) @ $1.67-1.80 to hold 84…
With an unwanted suitor waiting in the wings and continuing uncertainty in the market place, late January may not be the best time to launch a gold company. But Falconbridge Ltd. (TSE) will go ahead a…
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.