News

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…


Suncor exploration

Suncor has completed an exploration program on Treasure Island Resources’ Spider Lake property in the Northwest Territories. The property is located in the Indin Lake greenstone belt and the company d…


News in Brief (November 10, 1986)

The shares of Summit Resources were posted for trading on the Toronto Stock Exchange on Oct 29. The company is involved in the exploration, production and development of petroleum and natural gas rese…


Bruce Ross will head mining education review

C. Bruce Ross, who retired late last year as president of Labrador Mining and Exploration, has been appointed by the Ontario government to undertake a review of the future education and training needs…


Obituary: James Nowlan

A former Nova Scotia deputy minister of mines, James P. Nowlan, has di ed in Halifax at the age of 76. A professional geologist who enjoyed a long career in the mining industry before entering governm…



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