News

A net loss of $2.3 million was reported by Princeton Mining (TSE) for its 1991 first quarter ended March 31, compared to net earnings of $2.3 million for the corresponding period in 1990. The company…

Base metal giant Cominco (TSE) recently sold its 45% interest in Mitsubishi Cominco Smelting to Japanese firm, Mitsubishi Materials Corp. Mitsubishi Cominco was formed in 1965 with the objective of s…

A private placement of 200,000 units at 50 cents each with United Mineral Services will net American Bullion Minerals (VSE) $100,000. United is a private firm wholly owned by Robert Dickinson. The uni…

First closing of a private placement raised $400,000 for Yorbeau Resources (TSE), the company reported. The deal was intended to raise a maximum of $500,000 through the sale of up to 500 units. Each u…

After a lengthy delay caused by the regulatory approval process, Falconbridge Gold’s (TSE) minority shareholders have given the go-ahead to purchase from controlling shareholder Falconbridge Ltd. its …

Now that shareholders have overwhelmingly approved a name change and a 1-for-2 share consolidation, International Corona (TSE) is continuing efforts aimed at separating its assets into publicly traded…

Martin Cotter, Deborah Ann Bonfield and Anthony Griffin re-elected directors.

David Shaw appointed president and director; Roger Richer and Barry Rayment appointed directors.

A net loss of US$478,000 was reported by Coeur d’Alene Mines (NYSE) in its 1991 first quarter, compared with net income of US$2.4 million in the comparable 1990 period. The Idaho-based producer said …

It isn’t just mining that’s being driven into the dumps these days in northern Ontario. Signs abound that the whole economy there is slumping sharply. Even fishing. Recently I spent three days at the …

Eric Gilstead appointed director.

W. McKee appointed secretary-treasurer.