Although TVX Gold (TVX-T) has yet to release its 1997 earnings and updated reserve estimates, the gold and silver producer has announced its 1997 production figures, its projections for 1998 productio…
Shareholders of Wilanour Resources (WLR-T) have approved a proposed takeover by its major shareholder, Goldcorp (G-T).Goldcorp recently agreed to purchase 91% of the Wilanour shares it did not already…
Increased production rates and revenues, coupled with lower cash production costs could not offset an enormous writedown at Placer Dome (PDG-T).During 1997, the company recorded a consolidated loss of…
Vancouver-based juniors Major General Resources (MGJ-V) and Ascot Resources (AOT-V) have signed a letter of agreement whereby the former can earn back a 50% interest in the Victoria Island diamond pro…
Wednesday, February 25, 1998Price (US)Week’s ChangeGold*$292.30- $5.50Silver*$ 6.3…
DIAMOND PAGE — Trivalence Mining (TMI-V) has increased its stake in the Aredor diamond concession in the West African country of Guinea after reaching an out-of-court settlement.The Vancouver-based j…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.23/98 (change from Feb. 17 in brackets):MetalStock(tonnes)Change…
Preliminary data show that the value of mineral shipments from Quebec mines rose slightly in 1997, to roughly $3.5 billion.Exploration and development expenses were also up by 4.4% last year, to $155 …
Aluminium: LME settlements US$1,416, alloy US$1,253 per tonne (Feb. 24/98).Antimony: Representative mid-market US$1,655 per tonne (Feb. 10/98).Bismuth: Representative mid-market US$3.65 per lb. (Feb. …
1998Feb. 24Feb.23Feb. 20Feb. 19Feb. 18HighLowComp…
Its earnings fell in tandem with the price of uranium, but Cameco (CCO-T) still achieved considerable financial success in 1997.Annual earnings from operations increased by 4% to a company record of $…
Contrary to an article in our Feb. 16-22 issue concerning Newmont Mining (NEM-N), the company has not planned any more large-diameter drilling or bulk sampling at the True North gold project. The comp…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.