Dayton works to reverse falling profits
Higher costs and lower production have driven Dayton Mining (DAY-T) deeper into the red.For the three months ended June 30, the company lost $3.9 million (or 13 cents per share) on revenue of $8.9 mil…
Higher costs and lower production have driven Dayton Mining (DAY-T) deeper into the red.For the three months ended June 30, the company lost $3.9 million (or 13 cents per share) on revenue of $8.9 mil…
The Armenian minerals sector is getting a boost by way of a new diamond processing partnership and a cash injection for the copper industry from the Chinese government.The Diamond Company of Armenia w…
After a rocky report period (Sept. 9-15), the Dow Jones industrial average ended fractionally higher. The average dived during the first half of the period, losing several hundred points, only to reco…
It would help if you could tell me what has happened to the following companies: Greater Laurier Uranium Mines (formerly Mont Laurier Uranium Mines), Newfields Minerals (which, at one point, was to be…
With the Bakyrchik gold project on hold pending optimization studies and restructuring of an agreement with the government of Kazakstan, Indochina Goldfields (ING-T) is focusing on improving the econo…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 15Sept. 14Sept. 11Sept…
Wednesday September 16, 1998Price (US)Week’s ChangeGold*$289.15+$5.00Silver*$ 4.95…
Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …
Despite robust prices for platinum group metals, profits have remained elusive at the Lac des les mine near Thunder Bay, Ont., Canada’s only primary platinum group metals producer.In the first six mo…
Sometime in 1922, I got word that the Consolidated Coal Company in Fairmouth, W.Va., had a big shaft job up for tender.This company was said to be an interest of oil baron John D. Rockefeller and was …
Small business and big government don’t always see eye to eye, and the greater the disparity, the greater the chances that might will overpower right. But that was not the case earlier this year, when…
In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …
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