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…
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…
Cliff Resources (TSE) of Toronto reports that it has achieved final completion of its merger arrangement with Canaustra Gold Exploration (VSE). The merger, given shareholder approval earlier this mont…
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…
Among the hardest hit during recession was the base metals sector in which a few commodities have yet to recover. And not surprisingly, its impact was totally indiscriminate, crippling both the small …
1988 has set a new record low for mining fatalities ever recorded in the United States says the Mine Safety and Health Administration (MSHA) recently. A total of 100 mine fatalities in 1988 is a decli…
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
A plan of arrangement allowing shareholders of McIntyre Mines (TSE) to exchange each of their shares for either $64 cash or around 2.52 Falconbridge Ltd. (TSE) common shares, received both shareholder…
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $2,540.4 $2,457.8 Long-term debt $907.1 $825.8 Revenue $1,465.6 $905.9 Earnings (…
A funding agreement has recently been arranged between Yorkton Securities of Toronto and Vancouver-listed Dolly Varden Minerals (VSE). Under the agreement, Yorkton will provide for the distribution to…
Glencairn Explorations (ASE) is seeking financing required to place its Feijao Cru diamond property in production. Located in Brazil, the Feijao Cru property hosts alluvial diamond bearing gravels whi…
The Hydrometallurgy Section of the Metallurgical Society of CIM is sponsoring an International Symposium on Electrometallurgical Plant Practice in Montreal, Que., on Oct 21-24, 1990 at the Le Grand Ho…
The announcement on May 17, 1988, that mining exploration would not be allowed in the newly- created park areas in Ontario resulted in the loss of millions of dollars worth of economic activity in Ont…
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