A $3.6-million decision has been made by Echo Bay Mines to launch a major underground program on the Cameron Lake gold property of Nuinsco Resources in the Kenora mining district of Ontario. This deci…
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 …
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…
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…
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…
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…
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…
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…
“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 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…
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…
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…
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