Mountain West Elkhorn reserve
Mountain West Resources (VSE) has calculated a new geological reserve for its Elkhorn property in Montana. The new reserve study indicates some 786,000 tons averaging 0.1 oz gold or 530,000 tons gradi…
News
Higher metal prices buoy commodity index
A 6.2% boost in the metals and minerals sub-index helped the Scotiabank record a 3.1% increase in its all-commodity price index in December, for the third straight month.
Ground control in mining
Ground control in mining is a conference series established to improve the exchange of information among researchers, consultants, manufacturers, and operators in the mining industry and profession. P…
earnings Reports
Malartic Hygrade (TSE) reports net earnings for the year ended Dec 31 of $743,430 or 20 cents on revenue of $1.41 million. For the same period a year earlier the company reported net earnings of $2 m…
Gold Bar completes Chester Twp. drilling
A drill program consisting of 5,000 ft in six holes has been completed by Gold Bar Resources (COATS) and Canadian Gold Resources (ASE) on their Chester Twp. property near Gogama, Ont. The recent progr…
FirstMiss earnings
FirstMiss Gold (NASDAQ) reported net earnings of $1.7 million or 10 cents per share for the six months ended Dec 31, 1988 compared to $930,000 a year earlier. The increase was due to interest earned o…
Earnings Report (February 27, 1989)
Cyprus Minerals (NYSE) reports net earnings of $170 million(US) or $6.31 per share for 1988 compared to $26.2 million or $1.02 in 1987. Fourth quarter earnings were $65.4 million or $2.42 per share co…
Gold funds as of Feb. 21
BGR Goldcorp Central MVP Capital Net value $11.89% 8.65 6.45% 0.81% Price $9.125% 5.750 5.50% 0.65% Discount $ 23.25% 33.5% 14.7% …
Golden Range troubles
Golden Range Resources (TSE) has requested the Toronto Stock Exchange to suspend trading in the company’s shares. Golden Range is suffering from financial problems and has been unable to file audited …
CIM/PDAC joint luncheon
W. A. Gatenby will be the guest speaker at the joint meeting of the CIM-Toronto Branch and the Prospectors and Developers Association of Canada. Fifty tickets have been reserved for CIM members who ha…
Editorial Panic button
From a speech by Canamax Resources President John Hansuld at the Ontario Ministry of Northern Development and Mines’ annual regional geoscience seminar in Thunder Bay Feb 7-8. It seems obvious to sa…
Cornelius Campbell
Cornelius J. Campbell, a well- known prospector in northern Quebec since the 1930s, died in Rouyn- Noranda Feb 12, at the age of 84. During his long career in the exploration industry, “Con” Campbell …