Cameco increases earnings in 1990
Earnings of $34.1 million in 1990, up by 45% from the previous year, were recorded by Cameco, the government-owned uranium and gold producer based in Saskatoon, Sask. Net earnings of $91.6 million, en…
News
No Headline (February 18, 1991)
Davidson Tisdale mines (TSE) recently finalized the purchase of a 48% interest in Aurora Steel Services of Aurora, Ont., which produces fabricated structural stell for the industrial, commercial and r…
Viceroy sells 25% of project to raise funds for startup
VANCOUVER The sale of a 25% interest in the Castle Mountain project in San Bernardino Cty., Calif., for US$17.5 million lifts the final financing hurdle for owner Viceroy Resources (TSE), and clears t…
Westpine releases reserve estimate
A preliminary mineral inventory calculation was released by Westpine Minerals (VSE) for the Lower North zone of the Empress showing on the Taseko copper-gold property, 140 miles north of Vancouver, B….
Numac Listing
Numac Oil and Gas, an oil and gas producer in Western Canada that has a 15% interest in the developing Midwest uranium deposit in Saskatchewan, recently listed for trading on the Montreal Exchange.
Keevil named to Business Hall of Fame
The late Norman Bell Keevil has been named a member of the Canadian Business Hall of Fame. He and five other laureates will be inducted April 11 by Junior Achievement of Canada. Keevil, who died in la…
Toronto Stock Exchange: Inco’s Phillips sheds presidency role,
As Inco chairman Donald Phillips announced this week that he is relinquishing the title of president to Michael Sopko, the nickel miner’s vice-president of human resources, an 11-day rally continued w…
Reserves released for Red Mountain
The 1990 year end results for Bond International Gold (TSE) provided the first details released by the company of its 1990 summer exploration program on the Red Mountain property near Stewart B.C. A t…
Chutline acquiring mineral properties
Stan North Mining, a private company with gold and base metal properties in Ontario and Manitoba, is negotiating to sell its assets to Toronto-based Chutline Resources (VSE). Both companies share comm…
Reserve estimate reported for Rosebud project
VANCOUVER Following the release of a series of excellent drilling results from the Rosebud property in Nevada last year, partners LAC Minerals (TSE) and Equinox Resources (TSE) have reported prelimina…
Copper discoveries on Victoria Island
An exploration program by Aber Resources (TSE) and Nanisivik Mines will further examine copper discoveries on a land package 20 km from tide water on Victoria Island, N.W.T. The land covers widespread…
Kerr, Minnova benefit from B.C., Quebec mines
Toronto-based Kerr Addison Mines (TSE), the 51% owned Noranda (TSE) affiliate, reported a significant increase in 1990 earnings, thanks largely to strong production performances at its mining operatio…