1990

Gold and silver miner Cheni Gold Mines (TSE) reported net earnings for the year ended Dec. 31 of $4 million, or 36 cents per share, on revenues of $26.7 million. Since 1989 marks the first year of pro…

Trading activity related to resource issues turned positive for the week ended March 6, with the mining and mineral index gaining 93.5 points. The general market portfolio index also shone, closing wi…

At an age when most of their contemporaries are living off their pensions, Todson Becker, 80, and partner Howard Banting, 72, are still doing deals and making a living from the exploration business. F…

Future production at the Amelia mine in Mexico may be stalled due to financing difficulties reported by the mines’ major controller, Terra Mines (TSE). Payments required by the mineral rights purchase…

A Wall Street bankruptcy could slow financing for a Nova Scotia coal project. Drexel Burnham Lambert was in the process of floating a junk bond issue for Curragh Resources of Toronto when it filed for…

Year-end estimated exploration and predevelopment expenditures in northern Saskatchewan in 1989 were $71 million, compared with $105 million in 1988. While expenditures on uranium rose, those on gold …

Societe Miniere Louvem (TSE) says that under an arrangement approved before Christmas, it will pay out a 0.935 cents dividend to preferred shareholders of record on Feb. 26. The arrangement between ma…

Earnings for the year ended Dec. 31 were up over the previous year for Teck (TSE). Net earnings for the period were $106 million on revenues of $414 million versus the previous year’s earnings of $105…

Extensive wollastonite mineralization has recently been identified in the Tonopah district of Nevada. According to Sikaman Gold Resources (TSE), the wollastonite mineralization meets industrial standa…

As investment counsellors, we have been arguing successfully that segments of the mining industry offer attractive investment opportunities. The argument can be divided into two phases. The first is t…

Active across Canada, Hecla Mining Co. of Canada continues to seek out attractive mineral properties for exploration and development. In Quebec-Labrador, Hecla Canada is working out the final arrangem…

Toronto-based Euro-Nevada Mining (TSE) reported a net profit of $665,000 or 6 cents per share for the nine months ended Dec 31, compared with $583,000 or 6 cents per share during the same period last …