Claim maps of the Shining Tree area near Cobalt, Ont., are changing almost daily as junior companies position themselves for what could become a major area play. Following the discovery of nickel-copp…
Dark visions of how a sloth-like economic recovery will affect corporate earnings sent share prices in New York and Toronto tumbling downward during the week ended Nov. 19. Recognizing that stocks are…
Walter Lawrence elected senior vice-president, operations; Eric Hamer elected vice-president and general manager.
By cutting costs and increasing productivity at its international operations, Inco (TSE) will attempt to remain a low-cost nickel producer, Chairman Donald Phillips told analysts in Toronto recently. …
Canadian gold producers were recently issued a new set of accounting guidelines that requires them to change the way they account for gold loans in their financial statements. Effective, Nov. 20, the …
Shares of White Star Copper Mines (CDN) have soared since the junior announced that it is negotiating with a “major mining company” to explore its Kidd Creek area play near Timmins, Ont. White Star’s …
I was stunned regarding the recent announcement by Eurus Resource that no additional work is to be carried out on the Rock & Roll property of Eurus and Thios Resources (T.N.M., Oct. 28/91). As a longt…
A public offering worth $113 million is planned by American Barrick Resources (TSE). The offering of four million common shares was announced on a “bought basis” at $28.25 per share. The shares will b…
Arista Resources Inc – 650,000 shs offered @ 36 cents per sh. Prepared by Wood Gundy Inc.
BGR Central Net Value $8.16 $4.90 Price $7.38 $4.400 Discount 9.63% 10.2% Value $48,588,838 $74,026,920…
The low-cost Golden Giant mine of Hemlo Gold Mines (TSE) on the north shore of Lake Superior continues to perform well. The company reports third-quarter gold output of 118,110 oz. (about the same as …
After 22 years of operation, Phelps Dodge (NYSE) will be closing its Tyrone mine concentrator in New Mexico. Sulphide ore reserves are expected to be exhausted by the end of 1991 but mining of low-gra…
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