Earnings improve for Battle Mountain
Despite a downturn in the price of gold, Battle Mountain Gold (BMG-N) cut its losses considerably in the first quarter on the strength of lower operating costs.The company reported a net loss of US$3….
News
PRODUCER AND DEALER PRICES (May 04, 1998)
Aluminium: LME settlements US$1,449, alloy US$1,305 per tonne (Apr. 28/98).Antimony: Representative mid-market US$1,550 per tonne (Apr. 28/98).Bismuth: Representative mid-market US$4.00 per lb. (Apr. …
MINING MARKETS AND INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts see exploration upside for Western Copper
Mining analysts Glenn Brown and Richard Gray of Canaccord Capital see more upside for Western Copper Holdings (WTC-T), a Vancouver-based junior which holds a 45% interest in San Nicolas, a classic Kur…
Companies (April 27, 1998)
Abacus MineralsAlta GoldAmax GoldAnglo AmericanArian ResourcesAtapa MineralsAurado ExplorationBattle Mountain GoldBema GoldBice VenturesBlue Ribbon ResBreakwater ResBroken Hill ProprietaryCamecoCampho…
MINING MARKETS AND INVESTMENT NEWS — Royal insiders exercise options
Senior management exercised options for Royal Gold (RGLD-Q) during January.According to filings with the U.S. Securities and Exchange Commission, President Peter Babin and Chairman Stanley Dempsey eac…
Drilling continues at Taylor property
Ongoing drilling at the Taylor gold property in the Matheson area of northeastern Ontario has returned favorable results for owner St Andrew Goldfields (SAS-T).Twelve of 14 infill holes drilled at the…
Partners strike gold in Greece
A group headed by Australia’s Normandy Mining (NDY-T) has made a promising gold discovery at Perama Hill, 15 km northwest of Alexandroupolis in northeastern Greece.The discovery was made by Thracean G…
Miramar Mining posts big loss
Miramar Mining (MAE-T) saw its losses double from 1996 to 1997.The company posted a loss of $63.8 million (or $1.12 per share) in 1997, compared with a loss of $29.1 million (51cents per share) in the…
NEW LISTINGS — Atapa upgrades to Montreal listing
Junior Atapa Minerals has begun trading on the Montreal stock exchange under the ticker symbol AML.The listing was the final requirement for Atapa to receive the remaining $1.56 million in net proceed…
B.C. miners applaud government initiatives
A series of initiatives introduced by the British Columbia government are designed to bolster that province’s sagging mining industry by attracting investment and creating jobs.The initiatives, which …
LETTER TO THE EDITOR — Ontario land-use policies remain unchanged
As a long-time resident of Ontario, I am very much aware of, and tremendously appreciative of, the Progressive Conservative government’s success in reducing red tape and taxes. Furthermore, I will con…
MINING MARKETS AND INVESTMENT NEWS — Sunshine’s silver projects get nod
Last year, silver prices averaged US$4.91 per oz. So far this year, the metal has hovered around US$6.35 per oz., reflecting a combination of supply deficits and substantial purchases by U.S. financie…