Dividend Brief
Denison Mines has declared a stock dividend equivalent to 25 cents on its class A and B shares payable in the form of class B shares on Mar 11 to shareholders of record Mar 9. A cash dividend was last…
News
Much of Carlin financing being done by Vancouver juniors
Most gold deposits in Nevada’s Carlin trend are associated with north-south-trending normal faults in both upper and lower plate rocks adjacent to the Roberts Mountain thrust fault. In recent years, h…
Books (March 07, 1988)
Atomic Energy Canada Limited by George Lermer. 75 pages, Cat. No: EC22-145-1987E, ISBN 0-660- 12553-6. $8.95(C); other countries $10.75(C). Canadian Government Publishing Centre, Ottawa, Ont. K1A OS9….
Metal Snips (March 07, 1988)
Eight metals — nickel, gold, silver, zinc, lead, copper, iron and molybdenum — accounted for about 94% of the total $7.5 billion value of the more than two dozen metals (excluding uranium) produced …
Cullaton Lake: crisis after crisis
On a fall day in 1960, two prospectors were tracking an iron formation through dense, soupy fog on the undulating barren lands near Henik Lakes in the Northwest Territories, about 200 km inland from E…
Recent Carlin successes could be Nevada’s greatest ‘jackpots’
As one of the world’s gambling capitals, Nevada has always been a kind of mecca for thousands of would-be millionaires hoping to make a fortune on the slot machines and blackjack tables. But as indica…
Coxheath plans Tangier production
Another gold property in Halifax Cty., N.S. will likely start pouring gold at a commercial rate July 1, 1988. Toronto-listed Coxheath Gold Holdings announced at its annual meeting in Halifax this week…
Ashton options Freewest platinum property
Australian mining company Ashton Operations Inc., an affiliate of Ashton Mining Ltd., has acquired an option to earn an interest in claims held by Freewest Resources. Ashton can earn a 65% interest in…
Central banks’ gold holdings usually greatly undervalued
The significance of gold in the reserves held by central banks is often overlooked. This may be because these gold bullion holdings are often included in official statistics at artificially low valuat…
Esperanza’s Tillicum nears production
The Tillicum Mountain gold property of Esperanza Explorations should see production early in 1989. The property is near Burton in southeastern British Columbia. The project, to cost an estimated $5 mi…
Dickenson acquires more Wharf shares (March 07, 1988)
An additional 909,100 shares of Wharf Resources have been purchased by Dickenson Mines of Toronto, boosting the latter’s holding in the former to about 5.7 million shares, or 32.8% Dickenson, which re…
Ateba can earn 50% interest in Chutine’s Stover project
A joint venture agreement between Chutine Resources and Ateba Mines gives the latter the right to earn a 50% interest in Chutine’s Stover gold- silver property near Missanabie, Ont. Abeta must spend $…