Writedown adds to Belmoral loss
A third-quarter net loss of $16 million (41 cents share) was reported by Belmoral Mines (TSE) on revenue of $3.5 million, the loss including a writedown of $15.7 million. For the same three months in …
A third-quarter net loss of $16 million (41 cents share) was reported by Belmoral Mines (TSE) on revenue of $3.5 million, the loss including a writedown of $15.7 million. For the same three months in …
We write to express, in some small degree, our collective anger, frustration and dismay at the appalling manner in which the mining assets of Westfield were recently appropriated by Northgate in a dea…
The Oracle Ridge copper-silver project near Tucson, Ariz., is slated to become the first producer for Vancouver- based South Atlantic Ventures (VSE). Before making its positive production decision, th…
Northfield Minerals (ASE) and its 37% owned affiliate Rockford Minerals (TSE) are preparing to take another look at their Larder Lake, Ont., gold project now that they are about to become the property…
Vista Mines (TSE) has declared bankruptcy. The company will be sharing the fate of its predecessor, which failed in 1984 after building a small 125-ton-per-day mill known as the Rio gold mine near Cre…
Some of the operating problems experienced by Sonora Gold (TSE) at its Jamestown gold mine in California appear to have been overcome, as evidenced in the company’s recent third-quarter report. Produc…
Cominco Resources International (TSE) and parent company Cominco Ltd. (TSE) have signed a definitive agreement with ENAMI, a Chilean company, for the development of the Quebrada Blanca copper deposit …
A tailings treatment project of Giant Yellowknife Mines (TSE) identified (N.M., Dec 4/89) as being in Timmins, Ont., and operating at a breakeven level during the first nine months of 1989 was incorre…
An advanced gold project in northern Tanzania, East Africa, has caught the eye of Placer Dome (Kahama), a wholly owned subsidiary of Placer Dome (TSE). The Placer Dome subsidiary recently signed an ag…
Gold bullion prices went on a rollercoaster ride this week but managed to stay above the psychologically important $400(US) mark. Today’s second fix today, Dec 6, was $402.85 in London. The bout of vo…
Zinc and lead production is scheduled to begin in January, 1990, from the Gays River project owned by Westminer Canada, the 100% owned affiliate of Western Mining, an Australian mining company. The st…
Joint venture partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) are planning a $600,000 exploration program this winter on their Scott Lake zinc-copper property near Chibougamau, Que…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.