1989


Cominco earnings still on upswing

The latest financial results for Cominco Ltd. (TSE) show a substantial increase in earnings over 1988 levels, primarily due to higher prices for zinc, copper and fertilizers. The company reported cons…



Restraint urged for molybdenum producers

An assortment of metals has drawn the recent attention of Roskill Information Services of London, including molybdenum, niobium, tantalum, rhenium, rare metals and rare earths. Molybdenum producers in…



Hope Brook needs better gold price to show a profit

Having solved a number of operating glitches at its Chetwynd, Nfld. gold mine, Hope Brook Gold (TSE) is currently grappling with a new problem that is obviously beyond its control. As a result of lowe…



Ego option deal

Toronto-based Ego Resources (TSE) has optioned a 17-claim gold- silver property near Brislane Lake, N.W.T., from Initiative Explorations (COATS). The agreement gives Ego the right to earn a 100% undiv…


Asarco directors adopt rights plan

The board of directors of base- metals producer Asarco Inc. (NYSE) has adopted a shareholder rights plan in which preferred stock purchase rights will be declared as a dividend at the rate of one righ…



Montreal Exchange (August 14, 1989)

Mining issues active Mining issues again fueled investment activity, with the mining and minerals index on the week jumping more than 154 pts during fairly heavy trading. Volume reached 11.9 million s…


Eastmaque takes on partner for American Girl mine

Although its Kirkland Lake tailings operation will remain wholly- owned, Eastmaque Gold Mines (TSE) has taken on a joint venture partner for its American Girl gold mine located in southeastern Califor…


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