In this episode of "What could possibly go wrong?!", allow us to introduce you to DCM Dealer. Billed as an "online trading platform," this here project was whipped up by the same London-based investment outfit (DCM Capital) that went belly-up after losing some $ 40 million in assets in just one month during the summer of 2011. Granted, that was a … [Read more...]
Ivanhoe Mines 2011 net loss widens
March 20, 2012 by
VANCOUVER - Ivanhoe Mines Ltd. reported a wider net loss for 2011 on Tuesday as it said its copper-gold mine in Mongolia remains on track to start up in the third quarter.The 2011 loss of $ 570.4 million, or 83 cents per share, compared to a loss of $ 211.5 million, or 42 cents per share, in 2010.Revenues increased to $ 179 million from $ 79.8 … [Read more...]
Aurizon Mines posts record Q4 results
March 15, 2012 by
VANCOUVER - Aurizon Mines Ltd. (TSX:ARZ) set company records for revenue and profit in the fourth quarter as the Vancouver-based company received higher prices for its gold and its sales volumes increased.Net income was $ 21.8 million or 13 cents per share in the three months ended Dec. 31, up from $ 7 million or four cents per share a year … [Read more...]
Taseko Mines swings to Q4 loss of $9.2M
March 12, 2012 by
VANCOUVER - Taseko Mines Ltd. (TSX: TKO) swung to a loss in the fourth quarter as British Columbia-based miner reported a big drop in revenue.Taseko said Monday that its comprehensive loss in the three months ended Dec. 31 was $ 9.2 million or four cents per diluted share, compared with a profit of $ 26.2 million or 13 cents per diluted share in … [Read more...]
Aurizon Mines hires new CEO
August 15, 2011 by
VANCOUVER - Aurizon Mines Ltd. (TSX:ARZ) said Monday that George Paspalas has joined the Vancouver-based gold company as chief executive and president.He replaces David Hall who announced in June ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]
