1988

Honduran Mine Boosts Earnings for American Pacific

Even though gold projects continue to dominate the mining scene, they are no longer the only game in town as evidenced by base metal producers waving healthy financial statements from operations once …


Metal Prices PRODUCER PRICES (November 07, 1988)

ALUMINUM: MW U.S. Market $1.055-$1.095 per lb. (Oct 20, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $5.90-$6.00 per lb. (Oct 20, 1988). CADMIUM: New Y…


Hope Brook Gold’s quarterly results

After selling 41,850 oz gold from its mine in southwestern Newfoundland, Hope Brook Gold (TSE) reported net income of $2.8 million or 10 per share during the first nine months of 1988. Revenues for t…


FINANCING (November 07, 1988)

ONTARIO Montval Res — final rec iss offer 430,000 @ $1.30 per sh to net $279,000. Rave Res Inc — final rec offer 250,000 @ $1.50 per sh to gross $206,250. Turbo Res — final rec iss offer 80,000,000…


COATS Trading Features (November 07, 1988)

Several issues showed some life on the COATS system this week. Exxeter Resources saw increased volume with over half a million shares traded in the 45 -78 range. The company announced it has acquired…


Study finds new uses for Ontario industrial minerals

Some of Ontario’s industrial minerals could find new uses as substitutes for foreign-produced materials in the manufacture of china tableware, a recent study has concluded. The study, entitled Fine Ch…


Flintrock results disappointing

Results from a gold exploration program being performed by Flintrock Mines (VSE) have been disappointing, the company says. Work on the company’s 12- claim property near Kirkland Lake, Ont., failed to…


Cannon gold boosts Asamera bottom line

Forward selling of gold produced from the Cannon mine in Wenatchee, Wash., has given Calgary- based Asamera Minerals (TSE) a financial boost. The company recently reported that net income for the firs…



Innovations (November 01, 1988)

When Caterpillar Inc. set out nearly 20 years ago to redesign the track-type tractor, it knew that it was tampering with success. The Cat D9, the biggest Caterpillar tractor on the market at the time,…


Annual Lead Review (November 01, 1988)

Lead surprised just about everyone when it averaged 27 (US) per lb on the London Metals Exchange during 1987, an increase over 18 in 1986. It was a turnaround year for the metal, the price of which ha…



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