Copper boosts Cyprus earnings
Led by continued strength in copper, molybdenum and lithium markets, 1989 second-quarter earnings for Cyprus Minerals (NYSE) reached $61.7 million(US) or $1.48 per share on revenues of $453.5 million….
News
Sindor active
The average daily value traded on COATS rose sharply last month to more than $5 million, up from a low of $721,256 reached in May this year. The share price of Atlantic Goldfields moved ahead 28 cents…
Noront reports Grubline results
Toronto-based Noront Resources (VSE) reports recent work by Noranda Exploration on the Grubline joint venture in the Gander area of Newfoundland has resulted in the discovery of two encouraging gold z…
VSWE sees a future for itself
It may be too early for supporters of the Vancouver Stock Exchange to start singing “Happy Days Are Here Again,” but there’s no doubt that the recent Eskay Creek gold play has lifted a pall of gloom t…
Vancouver Stock Exchange Eskay results come up short
The latest set of drill results from the Eskay Creek gold project in northwestern British Columbia don’t appear to have dazzled all that many investors. Though the results ranged from good to fair and…
McNellen drills Mount Foley copper (September 18, 1989)
Assay results were released by McNellen Resources (VSE) for the first three holes drilled on its Mount Foley copper-silver-gold project east of Chilliwack, B.C. The first hole returned 15.2 ft of 0.65…
Placer Dome expands programs on two International Curator plays in
Expanded drill programs are planned by Placer Dome (TSE) on two of International Curator Resources’ (VSE) properties in Alaska. The Jualin gold project near Juneau is to be the object of an additional…
Bunker Hill still in red
Base metal producer Bunker Hill Mining (VSE) reported a net loss of $343,759(US) for the second quarter of 1989, compared with a ne t loss of $590,408 for the same period last year. The company’s net …
Petromet studying Rambler tailings
Calgary-based Petromet Resources (TSE) says it is continuing to examine the possibility of reprocessing some old mine tailings at the former Rambler base metal property in Newfoundland. In a recent in…
Toronto Stock Exchange (September 18, 1989)
The gold and silver index took a beating, sliding more than 42 pts or 0.71% to 5985.23 pts. The dip below the 6,000-pt mark was the first in several weeks. Gold bullion was an uninspiring $358.50(US) …
Yellowstone acquires Idaho gold prospect
A gold-silver property in central Idaho’s Custer and Lehmi counties has been acquired by Yellowstone Resources from Denison Mine (US). The property covers ground in both northern Custer Cty. and sout…
Cal Graphite near production, Stratmin expands mill
A producer of crystalline flake graphite in Quebec is well advanced in its plans to build a second mill, while a company in Ontario is preparing to enter graphite production by the end of this year, T…