Average Yield
The average yield on mining stocks was down 0.12% at 1.87% on the Toronto Stock Exchange, as compiled by Moss, Lawson and Co., on prices of Sept 5. Last month this group yielded 1.97%, while one year …
News
Golden Giant mine 6-month figures
Six-month production figures are in on the Golden Giant gold mine in Ontario’s Hemlo gold camp. Operated by Noranda Inc., which holds a 50% interest, this was the first mine in the famed camp to produ…
Gateford planning to drill Samson River property
A 10,000-ft diamond drilling program is scheduled to start in October on the large 533-claim Samson River property held by Gateford Resources in Gaudet and Fenelon twps., Que. The program will be foll…
Bachelor Lk. and Sullivan complete deal on Flordin
A joint venture agreement between Bachelor Lake Gold Mines and Sullivan Mines will result in an underground exploration program on Sullivan’s Flordin gold deposit, in Desjardin Twp., Que. Located appo…
THE EDITORIAL PAGE Cyanide recycling technology to be marketed by
A new piece of cyanide recycling technology developed by the Canada Centre for Mineral and Energy Technology and Witteck Development Inc. of Mississauga, Ont., (N.M., Aug 8/85) will soon be marketed b…
Dickenson branches out to widen earning base
With over $40 million in cash equivalent assets, and its main Red Lake operation now back on a sound footing, Dickenson Mines is seeking other avenues for additional gold production, as well as expand…
Davidson Tisdale completes $4-million private placement
A private placement has been completed by Davidson Tisdale Mines which will net the company $4 million. The deal consisted of 999,823 treasury shares of the company at a price of $4.25 per share. In a…
New deep ore zone excites Dramatic mine turnaround for Dickenson
“This is one helluva mine,” says Dickenson Mines’ President and Chief Executive Officer Peter L. Munro with justified pride, for he has engineered a dramatic turnaround in the fortunes and outlook at …
Hardrock claims
Hardrock Extension has acquired an additional 39 claims near Geraldton, Ont. The claims tie on to ground already held by the company. The claims tie on to ground already held by the company. Affiliat…
THE EDITORIAL PAGE Letters to the Editor Gold’s time is here
Bank of America, chapter 11 rumors abound. Dallas-based Western Savings Bank down and three other banks announced down, ($4 billion needed to stay afloat). Farm Credit system needing $3 billion now an…
Nevada Goldfields expects production at Sumich year-end
Production is scheduled to start at the Sumich mine in Kingston Canyon, Nev., this December, says Nevada Goldfields Corp. With estimated reserves of 1,037,000 tons averaging 0.261 oz gold per ton, the…
Flanagan boosts tonnage on Mishibishu property
Results from 50 holes drilled in 1986 on Flanagan McAdam Resources’ Mishibishu Lake property in northwestern Ontario has boosted reserves by more than one-third and improved grade by 10% compared to t…