1998


Cumberland finances work

Junior Cumberland Resources (CBD-T) has closed a non-brokered private placement of 1.5 million units priced at $1.70 each for net proceeds of $2.4 million.Resource Capital Fund subscribed to 1 million…


Inter-Rock remains in the red

Inter-Rock Gold (IRO-T) continues to operate in the red, having lost $388,000 in the three months ended Sept. 30, compared with $369,000 in the similar period of 1997.Losses in the first nine months o…



SETTING NEW STANDARDS — Questions & Answers

Q1.We realize that the final report will not be ready until sometime early next year. However, could you comment on the general response to the report and its key recommendations? Will these comments…


Black Hawk keeps head above water

Although Black Hawk Mining (BHK-T) reported a loss of US$300,000 on sales of US$8.7 million for the third quarter, the company posted a profit of US$700,000 for the nine months ended Sept. 30.The quar…


William Resources posts quarterly loss

Lower production translated into a third-quarter loss for William Resources (WIM-T).For the three months ended Sept. 30, the company lost $4.2 million (or 7 cents per share) on revenue of $17.9 millio…




Atna loses court challenge

The Supreme Court of British Columbia has dismissed a legal challenge by Atna Resources (ATN-T) against the proposed sale of Boliden’s (BOL-T) 60% interest in the Wolverine project to Expatriate Resou…


Minroc aims to revive Cassiar project

With the results of an independent engineering study in hand, Minroc Mines (MN-T) is arranging financing to bring its chrysotile asbestos fibre project into commercial production by the second quarter…



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