CoCa earnings drop
Sharply lower earnings have been reported by CoCa Mines for the 6-month period ended June 30. Net income was $317,400(US) or 4 cents per share compared to a $1.7 million profit or 22 cents last year. …
News
Pacific Trans gets closer to Ketza finance solution
Pacific Trans-Ocean Resources (TSE) has taken the first step toward satisfying its financial commitments at the Ketza River joint venture near Ross River, NWT., the company said recently. Pacific Tran…
Metals Prices FUTURES PRICES (September 15, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep 109.00 107.10 108.90 + 6.70 Dec 104.00 102.00 103.90 + 4.70 Mar 97.25 95.70 …
Rockford producing gold
The first revenues from gold production have been received by Rockford Minerals (TSE). The production is coming from the Barber Larder open pit near Larder Lake, Ont. Ore is being trucked to the Kerr …
Westmin, Tanqueray busy at Little Stull
Based on encouraging drill results, a follow-up 13,000-ft drill program has been ordered for the Little Stull Lake gold property shared by Westmin Resources (TSE) (53.33%), Tanqueray Resources (ASE) (…
New 4,500-ton mill opened at Barrick’s Goldstrike bet
Toronto-based American Barrick Resources (TSE) has taken a significant step towards expanding gold production at the Goldstrike mine at Carlin, Nev. In a bid to increase its gold output from 40,144 oz…
Glen Auden, Dragon stake large tract in Beardmore camp
Glen Auden Resources (TSE) and Golden Dragon Resources (VSE) have staked 415 claims in Eva and Kitto twps, near Beardmore, Ont. The claims, which are adjacent to the former producing Leitch gold mine,…
Marshall Minerals’ Sangold offers encouraging results
Preliminary assay results from Marshall Minerals’ (ASE) Sangold property west of Timmins, Ont. have produced some encouraging results. They include a 38.5-ft intersection which assayed at 0.30 oz gold…
City Resources Launches Exploration Subsidiary
By late September, City Resources (Canada) (TSE) expects to have in hand the final feasibility study for its Graham Island gold project in British Columbia. In the meantime, the Australian-backed mini…
Results from Hemlo prospect are inconclusive: Interlake
On behalf of Noranda Inc. (TSE), affiliate Hemlo Gold Mines (TSE) is continuing to look for a deep extension of the Page Williams ore zone on the International Interlake property at Hemlo, Ont. Under …
Barrick’s Goldstrike mine Crown jewel in company
Not quite two years ago the Goldstrike Mine was a relatively small heap leach producer and a moderately successful one at that. But this was before Toronto-based American Barrick Resources (TSE) got i…
Interquest sees end to financing dispute
A dispute between Interquest Resources Corp. (TSE) and Trader Resource Corp. (TSE), now before the courts, could be settled before the end of September says Interquest Chairman William Koyle. The disp…