Investors with shares in a wide range of industry groups were given reason to celebrate during the week ended Feb. 9 as The Toronto Stock Exchange’s 300 composite index surged by 70 points on heavy vo…
Action on western markets showed little sign of abating during the period ended Feb. 9, with the Vancouver Stock Exchange resource index gaining more than 37 points to finish at 785.12, an 8% increase…
An after-tax charge of US$122.1 million pushed Asarco (NYSE) into a loss position for the year ended Dec. 31, 1992. The company reported a net loss for the year of US$83.1 million, or about US$2.01 pe…
BGR Central Net Value $8.27 $4.99 Price $6.00 $4.40 Discount 27.47% 11.8% Value $46,342,000 $74,026,920.
In response to depressed gold prices and increasing costs, Falconbridge Gold (TSE) announced it is planning cutbacks at both its Hoyle Pond and Bell Creek operations near Timmins, Ont. At the Hoyle Po…
A suit dating back to 1989 over a 9.167% interest in the Trout Lake polymetallic mine in Manitoba is now settled. Granges (TSE) acquired the interest from Outokumpu on March 22, 1989, prompting Oxford…
Exploration programs totalling $1.6 million were approved for the 1993 field season on two Sulphurets properties in northwestern British Columbia. About $1.1 million will be spent on the Bruceside pro…
Canadian mining companies are involved in the search for diamonds both at home and abroad: N.W.T. — Aaron Oil (ASE) has terminated discussions with Monopros related to exploration on Aaron’s claims n…
The recent completion of a preliminary technical and economic study on the Chaucha copper project in Ecuador has Kookaburra Resources (VSE) confident in the project’s potential and eager to proceed wi…
It’s not uncommon these days to hear speakers, who like to philosophize and theorize about life’s many different activities, refer to the mining industry in Canada as “mature.” Something along the lin…
For the seventh consecutive year, American Barrick Resources (TSE) has posted record production and earnings. The company produced more than 1.3 million oz. gold in 1992 compared with 789,846 oz. in 1…
Full ownership of Tantalum Mining Corp. of Canada (also known as Tanco) has been acquired by Cabot Corp. of Boston. Cabot, which owned a 37.5% interest in the Manitoba tantalum and lithium producer, a…
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