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…
Articles by Northern Miner Staff
Base metals boom to last through to mid 1989
While the price of gold has been languishing in the $400(US) per oz range, base metals have been on a tear, in particular zinc and copper, and not forgetting nickel which had an unforgettable year in …
Prime Resources to trade in February
Shareholders of Delaware Resources Corp. (VSE) and Colossus Resource Equities (VSE) recently voted in favor of a business transaction that effectively merged the assets of two companies into a single …
PLACER DOME INC.
For 9 month-period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,020.0 $584.2 Long-term debt $136.8 $96.1 Revenue $591.0 $603.1 Earnings …
CAMECO
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,500 N.A. Long-term debt $737 N.A. Revenue $500 N.A. Earnings (loss) $7…
Mineable reserves up 50% at Neptune’s Colomac bet
Neptune Resources’ (TSE) huge Colomac gold project has just got bigger. Results of a 45,000-ft infill drilling program has enabled the company to announce a 50%-reserve increase at the Northwest Terri…
RIO ALGOM LIMITED
For 9-month period ended Sept 30, 1988. In thousands of dollars, except per-share figures. 1988 1987 Assets $2,100.0 $2,000.0 Long-term debt $252.0 $270.0 Revenue $1,450.0 $1,110.0 Earning…
Editorial Investing in mining’s future
Canada faces a crisis in its ability to maintain a robust metal mining industry, and the cause of the crisis may be more deeply rooted than many are aware. Canadian Mining Association President Norm…
METALL MINING
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 (6 months ended Sept 30) Assets $483.0 $450.0 Long-term debt $18.8 $18.8 Revenue N.A…
Nevada Goldfields Aurora mill could be utilized by Freeport
An underground drilling program is under way at the southeastern end of Nevada Goldfields’ (NASDAQ) Kingston mine property near Austin, Nev., and initial results from the work are encouraging, says Al…
Montreal Exchange Trading action brisk
Investors were out in strong force during the week, with daily trading volumes ranging between 6.2 million and 9.75 million shares, and both the market portfolio and mining and minerals index capturin…
INSIDER TRADES (January 30, 1989)
American Ore — G. Oughtred bought 800,000 (Niv) @ 30 cents to hold 905,000. Bitech — Pamiba Est. sold 100,000 (Dec) @ 33 cents to hold 457,754. Broulan — H. Grightmire bought 30,000 (Dec) @ $1.62 …