Editor’s Note BASE METALS SEARCH
A popular musical group several years back called Blood, Sweat and Tears moaned about being down so long that “bottom looked like up ” I can imagine this standard blues sentiment was adopted by would-…
News
FINANCING (February 27, 1989)
VANCOUVER Shiva Venturees Inc — min 360,000 offered @ 40 cents per sh. American Girl Res — 1,000,000 sold for gross $170,000. Castle Minerals Inc — 450,000 sold for gross $180,000. Sleeping Gold -…
St. Genevieve — Gold Vessel
St. Genevieve Resources (TSE) is effecting a normal course purchase to increase its interest in Gold Vessel Resources (ASE). St. Genevieve currently has a 22.5% interest in Gold Vessel; it intends to …
Aluminum symposium
Metals Week will be hosting its second aluminum symposium titled “Facing the 90s” in Montreal, Que. on Sept 25-26. For more information contact, Mary Ann Whalen, 42nd floor, 1221 Avenue of the America…
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…
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% …