Average yields
The average stock yield on 111 dividend-paying stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 6 is up 0.03% at 3.83% from the previous week. The current yiel…
News
General Minerals, formerly Northgane prepares to produce
Once development work as well as equipment and operations modifications are complete, Calgary- based General Minerals Corp. (formerly Northgane Minerals) will prepare for the start of production at it…
Editorial: First platinum mine – where? who?
There’s a whole new game now. This country is blessed with an abundance and great assortment of minerals, the production and marketing of which remain central to our continuing prosperity. And our e…
Lightening acquires N.W.T. gold bet from Terra Mines
Lightning Minerals has received regulatory approval for an agreement to buy Terra Mines’ gold property 45 miles northeast of Yellowknife, N.W.T. Gold on the property occurs in a number of steeply dipp…
Pan East negotiating flow-through deal
Pan East Resources reports it is negotiating for flow-through funds t o carry out a 2-phase exploration program on its Nova Scotia gold prospect at Fifteen Mile Stream. The first phase would cost $350…
Cumberland starts follwo up drilling
A second-phase drill program, totalling 6,000 ft, is under way on Cumberland Resources’ Evans Lake property in northwestern Ontario. The program will follow up drilling completed last summer which i…
Significant new gold zone on Aur’s Airport property
A significant new gold zone has been discovered by Aur Resources on its Airport property located three miles south of the city of Val d’Or, Que. The gold mineralization has been intersected in seven w…
Audrey exercises its Mobrun option
Audrey Resources has earned a 50% interest in the Mobrun property, controlled by Corporation Falconbridge Copper. The interest was earned after Audrey spent $5 million and mined out a 10,000- tonne bu…
An additional 2.5 million Class B subordinate voting shares of
Resources were listed on the Toronto Stock Exchange on Oct 14, pursuant to the closing of the exchange offering prospectus distributed by the company.
News in brief (October 20, 1986)
Trident Resources has changed its name to Universal Trident Industries on the basis of 1 new for 5 old shares.
Montreal Exchange: Louvem leaps to $1.85
Wednesday close, Oct 15 Val d’Or mining company Louvem got a hefty shot in arm this week when a Swiss-based newsletter referred to it as the cheapest of all Canadian gold producers. The European pub…
Mine construction is on schedule for Sonora Gold Corp.
An estimated 6,000-ton-per- day gold mine in Jamestown, Calif., is expected to be complete by year-end, 70%-owner Sonora Gold Corp. says. More than 500 workers were on site at presstime. Work is nearl…