Prime aglow over ’96 earnings
Prime Resources Group (PRU-T) enjoyed higher earnings and increased gold production in 1996.The company earned $42.1 million (or 55 cents per share) on revenue of $198.7 million, compared with $36.5 m…
News
PEOPLE — CROSS LAKE (February 17, 1997)
Malcolm Swallow appointed director.
PEOPLE — CONS. NRD (February 17, 1997)
Darvyn Keating appointed president.
PEOPLE — CLAIMSTKER
Gregory Austin appointed director.
Saskatchewan potash sector performs strongly in ’96
Sales of potash from Saskatchewan in 1996 broke the 7-million-tonne mark for the third straight year, according to that province’s Department of Energy and Mines.Last year, potash sales reached 7.04 m…
Chinese government hosts international mining exhibition
China will attempt to attract foreign investment to its mining sector by hosting an international mining exposition.The event, to be held April 23-25 in Shenzhen near Hong Kong, comes on the heels of …
STOCK MARKETS — TSE slips as golds slide
The Toronto Stock Exchange suffered a modest loss of 18.49 points, or 0.3%, over the report period ended Feb. 11, to close at 6,126.92.Trading volumes soared Feb. 5 when 130 million shares crossed the…
Gold Funds (February 17, 1997)
Gold Funds as of February 6, 1997BGRCentralNet Value$21.50$5.82Price$17.20…
Kinross cuts gold on Hoyle property
In the Timmins camp of Ontario, drilling carried out by Kinross Gold (K-TSE) on the Hoyle property has determined that previously drilled gold mineralization has continuity at depth.The property is he…
GREATEST VALUE TRADED, Feb. 5-11
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
Toronto Stock Exchange Indices (February 17, 1997)
1997Feb 11Feb 10Feb 7Feb 6Feb 5HighLowComposite”3…
Spot prices at a glance (February 17, 1997)
Wednesday, February 12, 1997Price (US)Week’s ChangeGold*$336.90- $6.25Silver*$ 4.8…