Growth prospects for coal industry
In a recent report, Coal in Canada, the Canadian Energy Research Institute in Calgary reviews the history and current status of Canada’s coal industry. While coal is both an important source of domest…
News
Placer’s output almost 1.7 million oz.
New ore discovered at nine operating mines are reported to have more than offset the 1.68 million oz. gold produced to the account of Placer Dome (TSE) in 1991. The Vancouver-based major said gold res…
Alaska production up 4% in 1991
Gold, coal, zinc and silver mining production in Alaska increased to a total value of US$554 million in 1991, a 4% increase over the previous year. A preliminary report on Alaska’s mineral industry re…
Alberta Stock Exchange (March 09, 1992)
News about Durvada Resources’ plan to bring its Yellowhorse-Chiquita claims near Las Vegas, Nev., to small-scale production didn’t seem to cause much excitement among investors. Trading 66,700 shares,…
Unlisted Trading (March 09, 1992)
Assay results from the first two of 12 holes planned for the FER base metal property northeast of Flin Flon, Man., look encouraging, Canmine Resources reports. The junior traded in a high-low range of…
GOLD FUNDS (March 09, 1992)
BGR Central Net Value $8.25 $5.15 Price $7.50 $4.600 Discount 9.04% 10.7% Value $49,092,000 $77,391,780…
Cal Graphite settles lawsuit
Ontario graphite producer Cal Graphite (TSE) says it has settled a lawsuit and mechanics lien action against the company and other parties. The legal action was filed by B&M Carriers Inc., a subcontra…
Cominco Res. records operating profit
The Glenbrook Nickel, Buckhorn and Maria operations achieved a combined operating profit of $6.79 million for Cominco Resources International (TSE) in 1991. But after writing off abandoned properties …
Dome cuts costs by 40% following bitter strike in 1990
In an extremely impressive turnaround, the Dome mine here of Placer Dome (TSE) has become one of North America’s lower-cost gold producers. At a recent Chamber of Commerce seminar, Dome general manage…
PRODUCER PRICES (March 09, 1992)
ALUMINUM: MW U.S. market US58.75-60.50 cents per lb. (Feb. 20, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.90-3.10 per lb. (Jan. 23, 1992). CAD…
Falconbridge cuts 1992 exploration budget by 20%
Toronto-based Falconbridge plans to spend $40 million on exploration in 1992, compared with $50 million in 1991. Grassroots funds will be directed mainly at projects in Ontario and Manitoba, including…
More work planned on Stewart property
Calgary-based Trev (ASE) recently announced that Cameco (TSE) will proceed with a second-phase program of reconnaissance and detailed follow-up work on the Stewart property in northwestern British Col…