Euro-Nevada Mining
Toronto-based Euro-Nevada Mining (TSE) recently added some royalty interests in the Harker-Holloway gold camp in northern Ontario to a portfolio of royalty assets that already encompasses the Eskay Cr…
News
U.S. REPORT Atlas earnings slip
The drop in quarterly earnings was the result of lower gold prices, higher production costs because of the processing of refractory ores and lower than anticipated recovery rates. The year-earlier qua…
Black Cliff options properties in Chile
An option to earn a 75% interest in three Chilean copper-gold properties has been obtained by Black Cliff Mines (TSE) from a private Chilean company. The first property, Los Navarros, comprises 1,615 …
News In Brief Solo Int’l
Solo Int’l Resources Ltd. (SOZ:VSE) has changed its name to Regent Ventures Ltd. (REV:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. Pacific Corporate Trust Co. is the transfer…
EDITORIAL Building for the future
Bank of Nova Scotia Chairman and CEO C.E. Ritchie addressing shareholders on the basic challenge facing Canada – competitiveness: The wealth of our nation is linked to natural resources. But, with som…
Venezuela lures Jordex Resources
Vancouver-based Jordex Resources (VSE) recently formed a Venezuelan joint venture company called Cofemina whose main objective will be to acquire base and precious metal properties in that South Ameri…
Thios,Eurus target Black Dog horizon
Assay results have been released by partners Thios Resources (VSE) and Eurus Resource (VSE) from 13 of 18 holes drilled on the Rock & Roll property in the Iskut River district of northwestern British …
U.S. REPORT Coeur d’Alene continues gold development program
The gross proceeds of US$50.2 million realized by Coeur d’Alene Mines (NYSE) through the sale of two million of its shares last October will be used primarily to develop the Kensington and Fachinal go…
Amax profit down from 1989 due to weak aluminum price
New York metals giant Amax (NYSE) succeeded in weathering both the recession and weak aluminum prices to post a substantial profit during fiscal 1990, albeit a smaller one than in 1989. For the year e…
PEOPLE MENDOCINO RESOURCES
Thomas Callaghan appointed president succeeding Brian Gilmer who resigned; David Pinkman appointed secretary-treasurer and director.
Lower base metal prices slash profit at HudBay
Lower copper, nickel and zinc prices added up to a fourth-quarter loss for Hudson Bay Mining & Smelting (TSE) and its parent Inspiration Resources (TSE). HudBay reported a loss of $2.3 million on reve…
Liberian earnings (March 04, 1991)
Net earnings of US$8.01 per share have been reported by Liberian Iron Ore (TSE) for the year ended Dec. 31. A special dividend of US$11.38 per share has also been declared payable to shareholders of r…