Campbell’s debt key to profits
A drastically reduced debt load is the key to Campbell Resources’ return to profitability, says President Richard Lister. For the fiscal year ended June 30, the company reported a net loss of $16 mill…
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Cassiar loss
Cassiar Mining reported a 9-month loss of $2.5 million compared to a profit of $677,000 for the corresponding period in 1985. The company’s third quarter loss was $1.6 million compared to $1.2 million…
High grade samples chipped by Lightning Minerals on Northwest
** gold property ** A 4,000-ft diamond drilling program is scheduled to start on the Lig htning Minerals gold property 50 miles northeast of Yellowknife, N.W.T. The drilling will follow up a positive…
Heads mining division of Westmin Resources
A mining engineer who joined the Calgary-based Westmin Resources organization as general manager in 1982 to oversee that company’s major expansion of its Myra Falls base metals-precious metals operati…
Esso cuts values on Cline property
Esso Minerals has completed 15 holes on Cline Development’s Cline Ea st property near Wawa, Ont., says Cline President L. J. Bardswich. Some of the values intersected are as follows: …
COATS Trading Features (November 24, 1986)
Falling platinum prices pulled the rug from under platinum players B oston Bay Mines and affiliate Belleterre Quebec Mines. Both issues closed down at $3.50-$4 and 65 cents -70 cents respectively. Bos…
Alberta Stock Exchange: Volumes Hurt by Golds
Wednesday close, Nov 19 Sliding gold prices took some of the steam out of the Alberta Stock Exchange this week, as volumes dried up in generally sideways trading. Oracle Resources was forced to put ou…
Price problems slash earnings for Westmin Res.
Even though the company’s mineral and hydrocarbon production was up sharply, price problems for both combined to reduce Westmin Resources’ 9-month earnings to $5,383,000 from earnings of $24,519,00…
Conwest issues shares
Conwest Exploration Co. has agreed to purchase 1,964,814 shares (a 1 2.6% interest) of Mineral Resources International for $7,015,000. Conwest will satisfy the purchase price through the issue of 719,…
Details hammered out on new Golden Giant company
Absolutely delighted” is the consensus of the four major sharehol ders who have just spent the last week hammering out the details of the new public company being created to own the Golden Giant mine …
Editorial: So much for sanctions
So we impose sanctions against South Africa, (including a somewhat nonsensical ban on the import of uranium) and not long after discover we are at the moment importing a great deal more from that coun…
Montreal Exchange: Casa Berardi issues up
Wednesday close, Nov 19 Some dandy drill results from the Casa Berardi joint venture of Gold en Knight Resources and Inco — long anticipated by the market — were announced this week and it seemed t…