Alberta Stock Exchange Pan East big trader
Having approved two convertible debenture issues and resolved an ownership question over two large blocks of its own stock, Pan East Resources has $700,000 in the kitty for future acquisitions. The is…
News
Cyprus Minerals boosts earnings
The latest financial results for Denver-based Cyprus Minerals (NYSE) show earnings of $61 million(US) or $1.48 per share on revenues of $453.5 million for the second quarter of 1989. These results sho…
Imperial reports record year
After completing its fifth consecutive year of profitable operations, Imperial Metals Corp. (TSE) reported record earnings of 19 cents per share on net income of $3.18 million for its fiscal year ende…
Earnings Report (August 21, 1989)
Battle Mountain Gold (TSE) reported a net income of $8.1 million(US) or 12 cents per share for the second quarter. In the same period last year, the company reported net earnings of $16.1 million or …
Queries Name change for Athona Mines
Do you have any information about a company called Athona Mines (1937) Ltd.? Please provide details regarding the current status of this company, and the procedure in order to sell a share certificate…
Pegasus joins LAC at New Mexico bet
An option has been obtained by Pegasus Gold (TSE) to earn a 50% interest in the Ortiz gold project of LAC Minerals (TSE) in New Mexico. Pegasus may earn its interest by spending $27.5 million(US) on e…
Metal snips (August 21, 1989)
The world’s major tin producer- nation last year was Brazil, the U.S. Bureau of Mines in Washington, D.C., reports. In second place was Indonesia, with Malaysia, usually leading the pack, falling to t…
Toronto Stock Exchange Falconbridge, Corona keep mining sector hot
Mining activities continued to generate plenty of excitement on the Toronto Stock Exchange for another week. The Supreme Court of Canada handed down its landmark ruling on the LAC-Corona battle over t…
obituaries Ovide D. Maurice
Ovide Dollard Maurice, a former director of the Geological Exploration Services of the Quebec Department of Natural Resources, died recently at age 70. Born near Midland, Ont., Maurice graduated from …
News in Brief (August 14, 1989)
Gold Bar Resources (COATS) has purchased from Lyndex Explorations (COATS) a 22.7% interest in Chester Resources, a private British Columbia company. Terms of the deal were not disclosed. Gold Bar says…
Hawk finds nickel
Hawk Resources (VSE) has made a nickel-copper discovery on its property in the Lac St. Jean area of Quebec. Surface exploration resulted in the discovery of a mineralized showing which assayed 0.62% n…
Investment forum
Financial analysts Shearson Lehman Hutton will hold a one-day forum discussing investment in metals and mining in London, England on Nov 1. Presentations will be made on gold by Consolidated Gold Fiel…