News


Queries: Silver Bar active, in Cobalt area

Could you please bring me up-to-date on Silver Bar Mines. I understand the company has been re-activated and has property in the Cobalt area of Ontario. K.O. Formosa, Ont. Your information is quite ac…


Aunore completes financing

Financing required for the balance of this year’s exploration program has been completed, says Quebec-based Aunore Resources. A private placement agreement has been concluded which will provide $1.242…



Editorial: Publicize mining industry research

While the whole nation celebrated its first Nobel Prize in 15 years, there were rumblings recently of cutbacks at the National Research Council, one of the main advocates of science and technology in …


Fast Blackdome payback shows mine’s strength

Bigger is not necessarily better. Very few gold mines in this country have been able to pay a dividend within the first year of production. And few indeed will show net earnings of 29 cents per share…


Alberta Stock Exchange: Drilling spurs Briar

Wednesday close, Nov 5 Gold issues led the pack on the Alberta Stock Exchange this week. News that Newmont Explorations has intersected strongly altered volcanics spiced with sulphides on Golden Briar…


Editorial: Democrat-led Senate not good news

Passing of Senate control to the Democrats in the U.S. elections doe s not augur well for Canada’s free trade initiatives in general, nor for free trade as it will affect the Canadian mining industry …




Production in 1987 seen by Blue River

Blue River Mines says it expects to start production and sales next year at the B. C. calcite deposit it has optioned from Ekaton Industries. Blue River says mapping and sampling have confirmed previo…


Average yield (November 10, 1986)

The average yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 24 were up 0.05% at 1.93%. Last month this group yielded 1.88%, while one year ago…


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