Malartic Hygrade Gold Mines reports net earnings for the 9-month period ended Sept 30 of $1,447,694 or 41 cents per share compared to $1,553,770, or 44 cents per share, for the same period in 1985.
During the period 14,165 oz of gold were produced from the company’s property compared to 21,655 oz a year earlier. Malartic Hygrade receives 60% of revenue from the gold under terms of its agreement with Barrick Minerals (Canada).
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