Cambior boosts earnings, output
Increased revenue, earnings and gold production were reported by Cambior (TSE) for the third quarter and first nine months of 1990. The company attributed the rise in net earnings mainly to increased …
News
U.S. REPORT Kerr Addison closes grip on RFC board, plans Pend
Kerr Addison Mines (TSE) is moving to take a tighter grip on 44% owned RFC Resource Finance (TSE) before continuing with exploration on RFC’s wholly owned Pend Oreille zinc project in Washington. With…
U.S. mining’s Hall of Fame conducted in grand style
Our U.S. neighbors have a reputation for doing things up in a rather big way. This would have to include their National Mining Hall of Fame and Museum, already a quantum leap ahead of our Canadian Min…
Adonos, Lyon Lake commence drilling
Drilling is under way at the Beta Vargas gold property in Costa Rica, Adonos Resources (VSE) and Lyon Lake Mines (ME) report. A 21-hole drilling program is planned to confirm and possibly upgrade a pr…
Placer Dome pursues Courville, takes option on shares of Cache
Interested in the Courville gold project northeast of Val d’Or, Que., Placer Dome (TSE) has agreed to become a major shareholder in Cache Explorations (ME). Cache is earning an interest in the propert…
Dickenson boosts gold output but earnings continue to slip
Increased revenue but lower earnings during the third quarter and the first nine months of 1990 were reported by Dickenson Mines (TSE). The company attributed the improved revenue level to higher gold…
Market slump bring bargains for buyers
Recession woes may have people tightening their belts and investors wary of the stock markets, but economists at the International Bank Credit Analyst say mid-1991 will “see a bottom in world equity m…
Explorationists downplay report on Canadian exploration activity
The president of the Prospectors and Developers Association of Canada (PDAC) is downplaying a recent federal government report on the state of mineral exploration in Canada. Robert Ginn says the explo…
Nevada flexes regulatory muscle with hefty fine
Echo Bay Mines (TSE) was recently forced to pay one of the stiffest fines ever levied against a mining company in the State of Nevada. After more than 1,000 birds were killed while drinking from the t…
Toronto Stock Exchange Indices (November 19, 1990)
Nov. 13 Nov. 12 Nov. 9 Nov. 8 Nov. 7 HIGH LOW Composite “300” 3135.08 3119.97 3077.42 3060.55 3071.14 4009.47 3009.91 Metals & Minerals 2593.85 2587.88 2523.81 2492.87 2502.63 3453.06 2502.63 Integrat…
NovaGold options more lead-zinc claims
Following its success on the Sewell Brook lead-zinc property in New Brunswick, NovaGold Resources (TSE) has optioned another 27 claims, 25 km east of its recent discovery. NovaGold says the Sears Lake…
U.S. REPORT Newmont Australia in BHP takeover
An affiliate of Newmont Mining (NYSE), Newmont Australia, recently acquired control of BHP Gold Mines from BHP’s parent, Broken Hill Pty. Co. of Australia, in a stock swap. Newmont Australia purchased…