Search Results for Cannon Mine

Polymetallic miner Audrey Resources (TSE), based in Rouyn- Noranda, Que., is hoping to pick up where Corona left off by making a takeover offer for the Canadian and U.S. mineral assets of Asamera Mine…

Organizers of the New York gold conference could be forgiven for wishing they had picked a better week to hold the event. As representatives of the major North American producers gathered in the Big A…

Not much noise is being made about it, but Teck Corp. (TSE) appears to be once again courting junior companies with promising exploration projects. The Vancouver-based major mining company recently en…

Gold’s dismal price performance has taken its toll on the 1989 first-quarter financial results of Breakwater Resources (TSE). The company’s earnings declined to $890,000 or 3 cents per share for the …

A decision by Gulf Canada Resources (TSE) to put its interest in Asamera Minerals (TSE) on the selling block may spark a bidding war for the Calgary-based company. A number of mining firms have alread…

Rumors of unrest within the hierarchy of Asamera Inc. (TSE) and its minerals subsidiary are apparently not unfounded. Bruce Kennedy, Asamera Minerals’ dynamic ex-president, has left and several other …

With $36.4 million in working capital and its bank debt paid off, Breakwater Resources (TSE) has the financial clout for a major acquisition — and the target could be Asamera Inc.’s (TSE) minerals di…

The past year has been one of tremendous change and growth for Breakwater Resources (TSE). The company turned in record production and profits, became free of bank debt and paid its first semi-annual …

One of the most active issues on the Vancouver Stock Exchange this week was Windarra Minerals. Some 718,900 shares changed hands as the issue slipped a penny to close at $1 even, once again proving th…

Breakwater Resources reported earnings of $4.2 million or 19 cents per share for the year ended Dec 31. This compares to earnings of $925,000 or 5 cents per share in 1986. “The substantial increase …

After a 40% production increase and a 30% hike in the price of gold, Breakwater Resources has broken out the black ink to record its financial results for the first nine months of 1987. Vancouver-base…

The Vancouver market has been sliding for over a month but Monday’s crash was totally unexpected. Ironically it happened three years to the day after the infamous Black Friday of Oct 19, 1984 when a s…