COMINCO LTD.
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,996,600 $1,815,900 Long-term debt $337,600 $318,000 Revenue $1,160,600 $915,0…
News
Vancouver Stock Exchange Base metal plays perk up trading
No one’s calling it a rally yet, but recent activity on the VSE is definitely beginning to percolate. Although a spate of profit-taking is causing some downward pressure on a few of the more active go…
Michele Gold examines Midland Nickel Corp.
Michele Gold Mines (VSE) has acquired a 6-month property examination right on the Midland Nickel Corp. 7-claim property in Pardee Twp., Ont. The nickel-platinum group metals property is near Thunder B…
Investment needed to sustain mine production
Production-sustaining investment at Canadian mine sites has declined some 40 sinc 1981 warn th federa departmen o Energ Mine an Resources. The accompanying graph shows annual production-s…
Dumagami’s new mine a winner for Agnico
With a 10-year ore supply already in sight and its spanking new 2,000- ton concentrator operating right up to expectations, the Donald J. LaRonde gold-copper-silver mine of Dumagami Mines (TSE) is loo…
Analysts’ Comments (January 30, 1989)
Record high metal prices made Falconbridge Ltd. (TSE) a prime takeover target in 1988, and if a bidding war ensues, it could give the nickel miner’s stock some upside potential, according to Toronto a…
Calpine’s Eskay Creek discovery largest B.C. find in many years
The latest drill results from the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) suggests it’s the largest single gold discovery here in many years. Although no r…
Placer Dome has 3 gold mines to open in 1989
In Canada and increasingly abroad, Placer Dome (TSE) is viewed with a certain amount of reverence — and probably with good reason. Over the years, it has managed to identify, develop, and turn a prof…
FINANCING (January 30, 1989)
VANCOUVER Crisan Res — 600,000 sold for $210,000. Fortress Res — 700,000 sold for gross $245,000. Silver Drake Res — gross proceeds rec $210,000.
Rio Algom completes Kerr-McGee purchase
Toronto-based Rio Algom (TSE) has completed a $28.5-million(US) acquisition of uranium properties owned by Kerr-McGee Corp. and all the issued and outstanding shares of Quivira Mining, a wholly- owned…
Nevada Goldfields, Minerex discussing rationalization (January 30, 1989)
Discussions have taken place between Nevada Goldfields Corp. (NASDAQ) and Minerex Resources (TSE) about a possible rationalization of their mining operations near Hawthorne, Nev. While emphasizing the…
T&H makes new gold discovery east of Casa Berardi
T&H Resources (TSE) has made a new gold discovery on property held by Northway Explorations (TSE) in Noyon Twp. east of the Casa Berardi area in northwestern Quebec. President John Pollack says a dril…