Black Hawk shares soar on reorganization news
Investors appear to be greeting the news of the planned re-activatio n and re-organization of Toronto- listed Black Hawk Mining with enthusiasm. Over the past week, the share price has more than quadr…
News
Coats Trading Features (December 08, 1986)
Gateford Resources, which is drilling several holes on its large Sam son River property west of Matagami, Que., has encountered several delays due to ground problems. However, the holes which have bee…
Durham may have a long wait for profits
During the past two or three years I have noted many comments rega rding Durham Resources and most of those comments were very positive. I wonder now why Durham has become so negative as far as market…
Citadel Gold seeks to restart Waea area mine
There may be a little more than iron ore coming out of Wawa, Ont., in 1987 if, as anticipated, Citadel Gold Mines successfully reactivates its dormant mining operation there by next July. Reserves are…
THE EDITORIAL PAGE Tax reform: rhetoric or reality?
Tax reform and reduction has become the order-of-the-day both in th is country and the U.S.A. But is it rhetoric or reality? As most of us know only too well, the over-all tax take being levied agai…
Golden Shield ups Mirado reserves
Reserves at the Mirado gold property controlled by Golden Shield Res ources have been increased by almost 30%, the company reports. Located near Kirkland Lake, Ont., the Mirado property hosts drill-in…
McFinley buying back in Red Lake gold project
McFinley Red Lake Mines, which holds a 50% stake in the McFinley gol d project, will purchase the remaining 50% stake from partners Phoenix Gold Mines and The Coniagas Mines. The purchase price is $3 …
Metals Report Zinc’s decline may be overdone
Zinc prices have been a veritable roller coaster this year moving to extremes on both the upside and downside. Overeaction seems to be the byword for this important industrial metal as prices swing do…
Montreal Exchange Vior up sharply
Wednesday close, Dec 3 Overburden drilling on Inco and Cambior’s Douay Twp. property in the Casa Berardi area of northwestern Quebec are “very, very spectacular” says Claude St. Jacques, president of …
Naneco production decision expected
A production decision for the Longstreet and Johnson Gulch gold prop erties controlled by Naneco Resources could be made in 1987, the company says in its annual report. The company says that as deline…
Management control of Golden Knight goes to Teck Corp.
It appears that Teck Corp. has secured a major position in what will almost certainly become another large gold producer — the Inco-Golden Knight project in Quebec’s Casa Berardi area. Teck recently …
Novamin cuts high grade gold near Cadillac
Early results from a drilling program started Nov 6 by Novamin Resou rces east of Cadillac in northwestern Quebec have returned some good values including one high grade hole. Of 11 holes drilled on t…