Earnings Reports (February 13, 1989)

Dickenson Mines (TSE) reports net earnings for the year ended Dec 31 of $6.1 million or 41 cents per share on revenue of $46.5 million. For the same period a year earlier, the company reported net earnings of $6.4 million or 44 cents per share on revenue of $44.1 million.

The average gold settlement price in 1988 was $430(US) per oz compared to $448 per oz in 1987.

The 1988 net earnings include extraordinary gains of $1.26 million.

Noble Peak Resources (ASE) reports a net loss for the 6-month period ended Nov 30 of $251,376 or 2 cents per share. For the same period a year earlier the company reported a net loss of $229,593 or 4 cents per share.

FMC Gold Company (NYSE) of Chicago, Ill., reports net income for the 3-month period ended Dec 31 of $15.3 million(US) or 23 cents per share on revenue of $44.7 million. For the same period a year earlier the company reported net income of $13.8 million or 21 cents per share on revenue of $42.4 million.

For the year ended Dec 31 the company reports net income of $61.2 million or 93 cents per share on revenue of $171.1 million. For the same period a year earlier the company reported net income of $49.8 million or 76 cents per share on revenue of $153.3 million.

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