Miramar Mining Corporation

Miramar conserving capital

Miramar Mining (MAE-T) made a profit of $1.6 million in the third quarter, compared with a loss of $15.2 million in the corresponding period of 1997.The recent quarterly performance reflects a gain of…


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Miramar Mining posts big loss

Miramar Mining (MAE-T) saw its losses double from 1996 to 1997.The company posted a loss of $63.8 million (or $1.12 per share) in 1997, compared with a loss of $29.1 million (51cents per share) in the…


Companies (January 12, 1998)

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Miramar scales back Con operations to cut costs

In response to continued low gold prices, Miramar Mining (MAE-T) is scaling back mining and milling at its Con gold mine in Yellowknife, N.W.T, and taking a $40 million write-down against the project….



Miramar writes down Con mine

Sustained low gold prices have forced Miramar Mining (MAE-T) to write down the carrying value of several mineral properties, including the Con gold mine in the Northwest Territories, to the tune of $1…


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BHP, Northern Orion hit high grade in Argentina

High-grade gold and silver values have been intersected at the Agua Rica project in the northwestern Argentine province of Catamarca.Agua Rica is a large porphyry copper-gold-silver-molybdenum deposit…


Drilling adds more heft to Agua Rica

In Argentina, the already massive polymetallic deposit known as Agua Rica has been expanded further, as a result of exploration driling.Northern Orion Explorations (NNO-T) made the announcement follow…



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