The David Bell and Williams mines turned out 419,500 oz. gold to the account of Teck (TSE) in 1991, a 12% decrease from 477,100 oz. gold last year. Teck has a 50% interest in the two Ontario mines, wi…
In future, companies that spend money on exploration should not expect compensation if they are subsequently denied permission to mine. They should never assume they will be granted mining permits bec…
An improved operating performance at the Kendall gold mine enabled Canyon Resources (NASDAQ) to record its first year of operating profitabil- ity in six years as a public company. The Montana gold mi…
The chairman and president of Agnico-Eagle Mines (TSE), Paul Penna, was fined $5,000 in Ontario Provincial Court after he pleaded guilty to a charge of trading in securities with knowledge of material…
Subject to regulatory approval, Inco (TSE) says it will contribute almost 1.5 million newly issued common shares, valued at market, to certain of its North American defined benefit pension plans. The …
Trading 345,000, Trump Reserve Minerals gained 3 cents to 98 cents as Hemlo Gold moved two drills on to the Quill Lake gold property in northwestern Ontario during the week ended Feb. 18. Trump and Go…
An expanded work program and a feasibility study are being planned by Cominco Resources International (TSE) for its recently discovered Cerattepe copper deposit in northeastern Turkey. A drill program…
Excess worldwide production capacity and lower prices for its resource products forced Noranda (TSE) to report a loss of $133 million ($1.04 a share) in 1991, compared with earnings of $120 million in…
A drilling program was recently completed on the Tiblemont property northeast of Val d’Or, Que., Ressources Maufort (ME) reports. Maufort’s project partner is Cameco (TSE). Five targets were verified …
In the absence of any real action on the gold or base metals front, investors focused their attention on developments at a select group of companies during the week ended Feb. 18. As Arimetco Internat…
Osborne and Chappel Goldfields (TSE) has transferred 50% of its interest in the Los Lilenes project and 48.6% of its net assets and liabilities, to Odin Mining and Investment. Osborne has also repurch…
BGR Central Net Value $8.46 $5.25 Price $7.75 $4.650 Discount 8.37% 11.4% Value $50,358,000 $78,232,995…
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