Gibraltar earnings decline slightly
Although 1992 pre-tax earnings for Gibraltar Mines (TSE) increased over 1991 levels, higher income taxes as a result of non-deductible items resulted in lower net earnings. Gibraltar made $3.1 million…
News
PEOPLE — MISHIBISHU GOLD (May 10, 1993)
John Pallot appointed director.
PEOPLE — B.W.I. RESOURCES
John Pallot appointed director.
PEOPLE — TRIUNE RESOURCES
Bernard Ouellette, Christopher Begin and Stanley Dzuba appointed directors.
PEOPLE — SUNSTATE RESOURCES (May 10, 1993)
Richard Pearson appointed director.
PEOPLE — T.M.T. RESOURCES (May 10, 1993)
Charles Hutton appointed director.
PEOPLE — IDAHO-MARYLAND MINING
Richard Hughes appointed director.
PEOPLE — TOMBSTONE RESOURCES
Jose Fernaguera and Mario Szortlender Rajs appointed directors.
DIAMOND UPDATE — Diamonds spur world-wide activity
Canadian companies continue to explore for diamonds both in Canada and abroad: Northwest Territories: — Fortune Minerals (CDN) has acquired a 50% interest in 20,144 acres in the Lac La Martre area, n…
LATIN AMERICA ROUNDUP — Teck acquires Arauco shares
Under a share purchase warrant, Teck (TSE) has acquired 31,600 shares of Arauco Resources (VSE), a junior company exploring properties in southern Chile and Argentina. The shares were acquired for “in…
LATIN AMERICA ROUNDUP — Trev discovery in Jamaica
Following up a multi-element geochemical anomaly identified by the Canadian International Development Agency, Trev Corp. (ASE) has discovered high-grade copper mineralization at its Golden Spring prop…
Gold price appears to be holding
After steadily rising over the past few weeks, the price of gold has settled to above US$350 at press-time. But, the question on everyone’s mind is whether the yellow metal can hold the recent gains. …