Despite extreme volatility in the oil markets, weak gold prices and a US$4.2-million fourth-quarter loss, Toronto-based Horsham (TSE) had another profitable year. Horsham, which controls gold producer…
The British Columbia & Yukon Chamber of Mines, founded in Vancouver in 1912, recently held its 79th annual general meeting at the Eighth Annual Cordilleran Geology and Exploration Roundup. A record nu…
Toronto-based gold producer Wharf Resources (TSE) reported a loss of US$5.8 million (33 cents per share) for the year ended Dec. 31, 1990, after the company wrote off its US$11.5-million investment in…
Bedo Kalpakian appointed president succeeding Setrak Kalpakian who passed away; Jacob Kalpakian appointed vice2Dpresident and director.
The Canadian International Development Agency (CIDA) says it will purchase $4.6 million worth of potash fertilizer from Saskatoon-based Canpotex for delivery to China. Canpotex handles offshore sales …
Both the Vancouver Stock Exchange composite and resource indices staged rebounds over the week ended Feb. 26. The composite index added more than 10 points to finish at the 534 level while the resourc…
A budget aimed at reducing the federal deficit to $6.5 billion in 1996 from $30.5 billion this year and putting a cap on inflation had nothing in store for the Canadian mining industry. Requests for t…
A substantial increase in gold production last year enabled Hecla Mining (NYSE) to report 1990 earnings of US$5.1 million, or US19 cents per share, compared with a loss of US$22.4 million in 1989. Hec…
Apparently fed up with waiting for his company’s share price to move upward, St. Genevieve Resources (TSE) Chairman Pierre Gauthier has retained Merrill Lynch Canada to find a buyer for the Montreal-b…
The phase-one final feasibility study on the Andacollo Gold project in Chile was recently completed by consultants Bechtel Corp. The study indicates the open pit heap leach project, which is owned by …
During the month of January, Eastmaque Gold (TSE) reported gold production of 5,050 oz. from its 50% share of the American Girl Mining joint venture and its Kirkland Lake dredging operations. The Kirk…
A joint venture operation has been announced by Assayers Corp. and Technical Services Laboratories. Since the beginning of the year, the joint venture has operated under the name Assayers Group. Both …
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