Higher earnings for CoCa Mines
Net income of US$1.9 million (17 cents per share) on revenue of US$28.3 was reported by CoCa Mines (TSE) for 1989, compared with net income of US$184,500 (2 cents per share) on revenue of US$13.6 mill…
Net income of US$1.9 million (17 cents per share) on revenue of US$28.3 was reported by CoCa Mines (TSE) for 1989, compared with net income of US$184,500 (2 cents per share) on revenue of US$13.6 mill…
Sweeping economic reforms and anti-inflation measures initiated last month by Brazil’s new president, Fernando Collor de Mello, have sent that country’s capital markets into a tailspin and caused a se…
In a move that increases its interest from 33.33% to 51%, Battle Mountain Gold (NYSE) has gained control of the Bolivian gold mining company, Empresa Minera Inti Raymi. Battle Mountain had an option t…
TEXT: The American Mining Congress (AMC) criticizes the proposed convention on the regulation of Antarctic mineral resources activities, noting that it discourages private companies to search for ore…
Quebec Sturgeon River Mines (TSE) says it has completed an $850,000 private placement of 10% convertible debentures. The company says interest on the debentures, due March 1, 1996, is payable semi-ann…
A May production startup is expected at the new CYANCO joint venture sodium cyanide plant being built in Nevada. Majority owner of CYANCO is Mining Services International of Salt Lake City. The US$11….
Week’s Price (US) Change Gold* $374.25 + $0.95 Silver* $5.01 + $0.01 Platinum* $475.70 + $1.50 Nickel** $4.09 — $0.18 Lead** $0.41 — $0.01 Copper- $1.26 + $0.11 Zinc $0.78 + $0.03 Courtesy of Scotia…
Stock market activity took on a decidedly western theme during the week ended April 3, as share prices of a number of Vancouver companies felt the effects of acquisition rumors and other events. It wa…
A short-lived illegal work stoppage threatening operations at Highland Valley Copper near Logan Lake, B.C., appears to be over although the union and management have yet to resolve several contentious…
For the year ended Oct. 31, Colony Pacific Explorations (VSE) reported a net loss of $669,000 on revenues of $124,000. This compares with the previous year’s loss of $197,000 on revenues of $140,000. …
Over the past few months, Major General Resources (VSE) has been increasing its stake in gold properties across the country. In Newfoundland, Major General Resources (VSE) has recently exercised an op…
Following a major corporate restructuring and asset sale last November, Citadel Gold Mines (TSE) plans to conduct a small exploration program this year on its claims around the Surluga gold deposit at…
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