News

CDNX breaks 3,000 mark in brisk trading

Vancouver — Canada’s junior exchange broke the 3,000 mark during the week ended April 24, as all indices posted gains. The Canadian Venture Exchange composite index tacked on 50.17 points, or 1.7%, t…



Base metal miners start year in the black

The April 18-24 report period saw Canada’s biggest base metal producers issue a string of relatively healthy first-quarter earnings reports.Inco announced it had earned US$85 million or US42 a share …


Radius seeks Guatemalan gold

Vancouver — Radius Explorations (RDU-V) is about to begin a first phase of reverse-circulation drilling at the Tambor gold project in Guatemala.The 20-hole, 2,500-metre program will focus on the Brid…



Banner year for Sullivan

MAY 1951Sullivan Consolidated registered its best year since 1943, after taking into account the added revenue from the East Sullivan gold mine in Bourlamaque Twp., near Val d’Or, Que.Total profit in …





Boliden posts another loss

Boliden (BOL-T) lost US$21.5 million on revenues of US$311.7 million in the three months ended March 31, marking th…


Eldorado slips into the red

Vancouver — Lower gold production and higher costs pushed Eldorado Gold (ELD-T) into the red during the first quar…



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