The Royal Bank of Canada has agreed to provide debt financing to help bring the Simkar gold project, 10 miles east of Val d’Or, Que., into production. The Simkar property, with proven and probable res…
Net income reported by FMC Gold (NYSE) for the three months ended June 30 was US$9.9 million versus US$13.8 million in 1989. The company attributed the drop in earnings to lower gold prices and high u…
Records for both production and earnings were set by Piedmont Mining (NASDAQ) for the first half of 1990. Net income for the six months ended June 30 was US$642,000, or US$0.04 per share on revenue of…
Despite a 7% production increase at its Copper Range copper mine in Michigan, Metall Mining (TSE) has been hit financially by some of the same factors that affected earnings reported recently by its V…
Drilling on the Blende property in the central Yukon continues to return good lead-zinc-silver values over wide widths. The property is a joint venture between NDU Resources (VSE) and Billiton Metals …
Shareholders of both Kalrock Developments (ASE) and Flint Rock Mines (VSE) recently approved an amalgamation of the two companies. Name of the new corporation is Kalrock Resources. Flint Rock’s share …
To get its foot in the door in northwestern Quebec, Corona (TSE) has agreed to option three blocks of claims northeast of Matagami. The claim blocks, on the east side of Lozeau Twp., cover 6,640 acres…
MVP BGR Central Capital Net value $11.48 $5.97 $0.32 Price $9.625 $6.250 $0.22 Discount 16.16% 4.7% 31.3% Value $68,325,220 $105,151,875 N/A…
DICKENSON MINES Rolando Francisco appointed senior vice- president and chief financial officer.
A large gold- silver-copper mineralized system and several new gold showings were recently discovered by Avondale Resources (VSE) on its Forrest Kerr project north of Stewart, B.C. The discovery of th…
If Middle East tensions escalate to the point where gun fire is exchanged, investors who have been selling their gold assets to take advantage of recent price increases could move back into the market…
Treasure hunters who found thousands of gold coins and rare gold bars in a ship that sank 133 years ago off the coast of South Carolina may keep their loot, a federal judge in Norfolk, Va., ruled rece…
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