A general improvement in world uranium markets enabled Cameco (CCO-T) to report record earnings of $138 million last year — a 35% increase from earnings of $102 million reported in 1995.Revenues doub…
New York-based Asarco (AR-N) reported net earnings of US$24.3 million for the fourth quarter of 1996, compared with a net loss of US$11.3 in the same period of the previous year.For the full year, the…
Launched as a public company in 1990, Potash Corporation of Saskatchewan (POT-T) last year marked its sixth straight year of improved profits.As the company progressed through the year, each quarter p…
Rea Gold (REO-T) is celebrating its first gold pour — ahead of schedule — at the San Gregorio open-pit mine in northern Uruguay.During a 6-day test in early February, the plant operated at 20% above…
El Callao Mining (ECM-V) has completed a $2.5-million private placement with Bema Gold (BGO-T), its largest shareholder.Proceeds will be used to fund exploration of Lo Increible, the company’s 10,000-…
Net earnings of $10.2 million were reported by Novicourt (NOV-T) for 1996, compared with $21.5 million in the previous year.Novicourt, 60% of which is held by parent Noranda (NOR-T), says its 1996 res…
Joint-venture partners Greater Lenora Resources (GEN-T) and Freewest Resources Canada (FWR-T) are carrying out a geophysical program on the Bylund property to help define winter drill targets.The 50-5…
With the processing to date of half of the 1,600 till samples collected from the Royce Group property, 100 km northwest of Yellowknife, N.W.T., GMD Resource (GMD-V) has identified nine separate indica…
A 70,000-ft. drill program will attempt to identify additional reserves at the Briggs gold mine of Canyon Resources (CAU-X) in California’s Panamint Valley.The mine, which entered production last year…
ALUMINIUM: LME settlements US$1,548.50 per tonne, alloy $1,486 per tonne (Feb. 18/97).ANTIMONY: Composite free market, US$2,340 per tonne (Feb. 18/97).BISMUTH: Composite free market US$3.15 per lb. (F…
As a first stage of exploration, Prism Resources (PRN-V) plans to carry out a geophysical program on a newly acquired 1,500-ha project in Ontario’s Porcupine mining district.The junior acquired an opt…
Peruvian Gold (PVO-V) plans to carry out a minimum 1,000-metre program of reverse-circulation drilling on the Agua Verde copper porphyry prospect in south-central Peru.The prospect is a mineralized, e…
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