Red Dog Operations

Despite strong fourth-quarter operating results, Cominco Ltd. (CLT-T) ended 1998 in the red. The chief obstacles to profitability were low metal prices and the operating performance of the Kivcet lead…

Low metal prices, a weaker Canadian dollar and an operating loss at its Trail production facilities in southeastern British Columbia all contributed to a less-than-stellar third quarter for Cominco (C…

Exploration, development and production spending in Alaska topped $1.2 billion in 1997, up from $1 billion in 1996, according to figures released by the Department of Natural Resources.The report, ent…

While the delegates at the 66th annual Prospectors and Developers Association of Canada (PDAC) convention walked with less of a swagger and spoke with less bravado than in 1997, they nonetheless showe…

Exploration drilling at Cominco’s (CLT-T) Red Dog zinc mine in northern Alaska has expanded a partially defined mineralized zone that was discovered in 1996, immediately north of the Aqqaluk deposit.S…

Cominco Alaska, a wholly owned subsidiary of Cominco (CLT-T), will pay a US$1.7-Million fine to the U.S. Environmental Protection Agency for various Clean Water Act infractions that occurred during th…

While zinc prices were robust during the first quarter, copper and lead prices were not, resulting in a moderate decrease in earnings for Cominco (CLT-T).The company reported a profit of $21 million (…

Zinc is Cominco’s (CLT-T) largest single source of revenue, representing 48% of the total. The company has been a leading producer of the metal for more than 80 years, and recently, in light of improv…

For the third quarter, Cominco (CLT-T) reports earnings of $5.2 million (or 6 cents per share) on sales of $448 million, compared with $22 million (25 cents per share) on sales of $417 million in the …

The earnings of Cominco (CLT-T) for the third quarter ended Sept. 30 are expected to be lower than those of the previous quarter.The projected decrease is attributed to lower prices for copper, nickel…

The Alaska Industrial Development & Export Authority (AIDEA) is a government agency whose mission is to promote, develop and advance the economic potential of the 49th state, as well as relieve unempl…

Concerns about the upcoming Quebec referendum and related political uncertainty softened gains made by metals and gold stocks as the TSE 300 composite managed to post a reasonable gain. For the 5-day …