This season Fairfield Minerals (TSE) plans to spend about $1.1 million to further explore its prospective 160-sq.-mile landholding in the Okanagan district of southern British Columbia. The bulk of th…
Record gold production, earnings and cash flow were reported by American Barrick Resources (TSE) for the first quarter of 1990. Net income increased to US$13.1 million (10 cents per share) on a fully …
The balance sheet of Sherritt Gordon (TSE) tumbled into the red during the first quarter of the year. The metal refiner and fertilizer producer recorded a net loss of almost $2 million for the 3-month…
San Francisco-based Homestake Mining (NYSE) reports increased first-quarter net income of $13.2 million, or 13 cents per share, almost double last year’s first-quarter earnings of $7.1 million, or 7 c…
Robert Clarke, former president of DRX (NASDAQ), has filed a lawsuit seeking to invalidate the election of a slate of directors at the company’s recent shareholder meeting in Delaware,. DRX is a preci…
After reporting reduced annual earnings of $73.1 million in 1989, Rio Algom (TSE) is preparing for what could well turn out to be another lacklustre year in its profit picture. The company was hit har…
After a week long free fall caused by sky high interest rates and falling profits, the Toronto market finally recovered a small amount of lost ground today, April 25. But investors who are obviously t…
John (Jack) McAdam, a prospector and mine developer active in the Canadian mining industry since the early 1950s, died suddenly April 19. He was 64. .”Everyone feels it’s like a loss in the family,” s…
Securities firm Burns Fry of Toronto has been retained by MinVen Gold (TSE) to help in the sale of the latter’s one-third interest in the Golden Reward gold mine in South Dakota. MinVen announced in M…
Three separate joint venture agreements have been completed by Hardrock Extension (TSE), Geraldton Longlac Gold (COATS) and Ferau Resources (COATS). In the first agreement, Hardrock’s 17.5% interest i…
In its first major exploration project outside North America, Cambior (TSE) is negotiating an agreement involving gold property in Indonesia. Cambior, based in Val d’Or, Que., says it has reached an u…
Despite record zinc recoveries from Brunswick Mining and Smelting (TSE) No. 12 mine near Bathurst, N.B., lower zinc prices have slashed the company’s first quarter earnings by 60% from last year’s fig…
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