TVX Gold reports profit
Toronto-based TVX Gold (TSE) has reported its audited net earnings for 1990 following the amalgamation of its predecessor company Consolidated TVX Mining with Inco Gold on Jan. 7. For accounting purpo…
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TORONTO STOCK EXCHANGE INDICES (April 22, 1991)
Apr. 16 Apr. 15 Apr. 12 Apr. 11 Apr. 10 HIGH LOW Composite”300″ 3539.73 3516.43 3509.39 3504.84 3494.06 4009.47 3009.91 Metals & Minerals3147.92 3120.02 3123.67 3116.87 3079.56 3453.06 2502.63 Integra…
Spot prices at a glance (April 22, 1991)
Week’s Price (US) Change Gold* $361.00 — $ 2.65 Silver* $ 4.07 + $ 0.05 Platinum* $400.75 — $ 5.25 Nickel** $ 4.07 — $ 0.06 Lead** $ 0.26 — $ 0.02 Copper{ $ 1.12 + $ 0.00 Zinc{{ $ 0.65 + $ 0.06 Co…
Goldcorp CSA report losses
Toronto-based Goldcorp Investments (TSE), the company that controls gold producers Dickenson Mines (TSE) and Wharf Resources (TSE), has reported a consolidated loss of $60.5 million or $3.45 per share…
Geology makes Red Lake high-potential area
Red Lake is still one of the high potential mining camps of Ontario, according to regional geologist Brian Atkinson. The primary reason is clearly the geology despite the widespread covering of overbu…
Judge queries Pezim case ruling
A judge with the British Columbia Supreme Court disagrees with part of a ruling of the B.C. Securities Commission concerning a case against promoter Murray Pezim and two associates over insider-tradin…
FUTURES PRICES (April 22, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 108.35 108.10 108.15 +1.45 May 108.80 108.10 108.55 +1.40 Jun 108.05 107.95 108.05 +1.65 SILVER (in UScl per oz.)…
Dickenson’s gold mine at Red Lake a steady producer over the years
Right next to Placer Dome’s Campbell mine is Dickenson Mines (TSE) Arthur White mine. They are close neighbors and work essentially the same type of ore in a similar geological environment. They have …
Pair of brokers once controlled Campbell, White mines at Red Lake
Two-Up — the famous, or could it be notorious? — Australian game of chance. Place two coins on a flat stick, flip the coins and when they are in midair, make your call, “Odds” or “Evens.” Nothing co…
Goldstrike’s growing output boosts Barrick’s earnings
American Barrick Resources (TSE), the power house of the North American gold mining industry, continues to build on its own success. The Toronto-based company reported record first-quarter earnings of…
Mimiska encouraged by Nabish drilling Mimiska encouraged by Nabish
Nickel values returned from a 7-hole drilling program representing 610 metres at the Nabish Lake property near Dryden, Ont., are encouraging, Societe Minere Mimiska (ME) reported. The drilling was aim…
Codes of practice back up environment policy
As most people know by now, The Mining Association of Canada was the first national mining body to adopt an environmental policy. It was approved in 1989 and is endorsed by all MAC members. It is a co…