Despite reductions in operating costs, Westmin Resources (TSE) reported a net loss of $5.85 million in the 1991 second quarter after preferred dividends, and a net loss of $11.03 million in the 1991 f…
A new reserve figure has been calculated by Canchrome Mines (ME) for its Reed-Belanger chromite property 10 km south of Thetford Mines, Que. The new figure, 5.5 million tonnes grading 6.63% Cr2O3, is …
Reports from the bush don’t seem to have awakened the market from its summer lull. News about Wye Resources’ encounter of a mineralized zone on the Gorham property, five miles north of Thunder Bay, On…
The latest results for gold and silver producer Asamera Minerals (TSE) show a turn for the better with net income of US$4.23 million for the 1991 second quarter ended June 30. This compares with a los…
Utah-based Centurion Mines (NASDAQ) recently acquired a disseminated gold-copper project, 175 miles northwest of Spokane, Wash., and 30 miles south of the Canadian border. Partially tested by 118 dril…
A drop in the price of copper as well as lower investment income pushed earnings down for Gibraltar Mines (TSE) during the first half of 1991. The company reported earnings of $2 million on revenues o…
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
Active in the Kirkland Lake, Ont., and Matagami, Que., areas, Kingswood Explorations traded a hefty 814,400 shares for the week ended Aug. 13, slipping a penny to 20 cents. The company’s gold property…
Vancouver-based Granges (TSE) recently dropped its option to earn a 60% interest in Cross Lake Minerals’ (VSE) Currie Bowman base metal property near Timmins, Ont. Cross Lake says one of the four hole…
In a bid to consolidate some of the holdings within his Toronto mining group, Patrick Sheridan is proposing to split Madeleine Mines’ (TSE) platinum and gold assets into two separate concerns. Pending…
Week’ Price (US) Change Gold* $356.50 + $ 0.65 Silver* $ 3.95 — $ 0.02 Platinum* $348.25 — $ 6.25 Nickel** $ 3.72 + $ 0.01 Lead** $ 0.25 $ 0.00 Copper{ $ 1.01 + $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy …
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