News

Broker-dealer firm turns to mutual funds

From the marketing of highly speculative grass roots mine issues to mutual funds represents quite a switch. But that’s the direction now being taken by the broker-dealer firm of Gordon-Daly Grenadier …


Alberta Stock Exchange : Conquest still moving

Wednesday close, Oct 8 Trading on the Alberta exchange this week again nosed below the previo us week’s trading level, with just 4,465,900 shares changing hands. Conquest Yellowknife Resources, which…


Montreal Exchange : New-look Massval rises

Wednesday close, Oct 8 A deal to buy into a promising high-grade gold deposit pushed Massval Resources to 45 cents , its highest level in five years, as it traded a hefty 1,399,000 shares before closi…


Goldcorp value (October 06, 1986)

The net asset value of Goldcorp Investments as calculated at the close of business of Sept 18 amounted to $10.68 per class A share. The closing market price of the share on The Toronto Stock Exchange …


Chances remote for an open pit at Giant Bay bet

Giant Bay Resources, which had hoped initial mining from its Gordon Lake gold property in the Northwest Territories could have been open pit, says that possibility “now seems highly unlikely.” The com…


Malartic signs deal

Malartic Hygrade Gold Mines has signed a $610,000 exploration agreement with Exploration Oz and Exploration Omega regarding its recently-acquired Panache property in the Abitibi greenstone belt area o…


Noranda OKs production on rich Isle Dieu orebody

What is so far a small but very rich zinc-silver-copper deposit near Matagami in northwestern Quebec is being put into production by Noranda Minerals at a cost of $35 million. Site preparation on the …


La Pause assays

La Pause Resources says economic assays have been encountered on its Adanac property in northwestern Quebec. The property brings together several claim blocks into one property of 51 claims lying betw…


Cominco battery vies for national research award

A major percentage of auto batteries in North America may soon be produced using advanced manufacturing technology developed by a subsidiary of Cominco Ltd. The unique process was developed by Cominco…


Citadel Gold Mines starts exploration

Exploration work is scheduled to start immediately on Citadel Gold Mines, Wawa, Ont., gold property, reports vice-president W. Bernard MacIsaac. The program will include the dewatering of the undergro…


Highwood/Hecla project could be producing in ’87

A deal between Hecla Mining Co. and Highwood Resources could lead to construction of a specialty metals mine as early as next year, Highwood President D. G. Thomas says. The deal, which was signed in …


Campbell Red Lake top all-round mine

Not many gold mines in this country have turned out over $1 billion from 10 million tons of ore. And with a long, long life still ahead of it, there is an excellent chance that Campbell Red Lake Mines…


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