Goldcorp loss

Goldcorp Investments, the Toronto-based gold fund which last year bought control of gold producer Dickenson Mines (TSE), recorded a net loss in 1989 of $3.5 million (20 cents per share) on revenue and net equity income of $3.6 million. For 1988, the company reported a net income of $766,922 (4 cents per share) on revenue of $2.7 million. Goldcorp says interest charges related to the purchase totalled almost $6.2 million last year.