Go-ahead seen for Dona Lake
It looks like a go for the Dona Lake gold project of Dome Mines and Campbell Red Lake Mines in the Pickle Lake area of northwestern Ontario. Dome President Henry Brehaut tells The Northern Miner he is…
1986
General News & Comment: B.C. Mining still in slump through coal
For yet another year, the news is not good for British Columbia’s mining industry — the second largest industry in the province. The annual Price Waterhouse report, a detailed statistical analysis of…
Editorial: Industry urged to support research centre
If ever a project deserved the support of the mining industry in this country, it’s the new Earth Sciences Centre at the University of Toronto. A funding program for the new $46-million facility, du…
Control of Vital Pac to Davidson Tisdale
Davidson Tisdale Mines has acquired 3.9 million shares of Vital Pacific Resources at a price of 37 cents per share. Of the $1.45 million raised by Vital Pacific, $1.2 million will be used by the comp…
Nova Beaucage gets $1.1 million financing
A $1.1-million financing has been completed by Nova Beaucage Mines. The cash will be used to fund an expanded underground program on the company’s 35%- owned Elder mine project near Rouyn, Que. The pr…
Rafael Resurces has changed its name to Biologix (B.C.) Ltd. on a
share-for-share basis.
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.
Alberta Stock Exchange: Golds trade lower
Wednesday close, Oct 15 Lower gold prices were behind the sideways trading activity on the Alb erta Stock Exchange this week. Volumes were an uninspiring 4.4 million shares. Several mining issues mad…
Cyanide technology could save gold miners thousands
Three major gold producers, Lac Minerals, Campbell Red Lake Mines and Dickenson Mines may soon become the first gold miners to take advantage of a revolutionary piece of cost-saving technology develop…
Barrick issues bond
American Barrick Resources’ wholly-owned, indirect subsidiary Barrick Resources (USA), has issued a gold-linked Eurobond, guaranteed by American Barrick, to raise $50 million (US). The notes mature Oc…
Books (October 20, 1986)
A Study of Active U.S. Gold Mines, 370 pages. Published by Metals Economic Group, 1722 14th St., Boulder, CO 80302 U.S.A. Telephone (303) 442-7501. Laws and Regulations Governing Mineral Rights in Ari…
McAdam Resources has taken an option to acquire the old McWatters
about six miles southeast of Rouyn, Que. McAdam has to pay the vendor, Jack Stoch Geoconsultant Services, $500,000 over three years, 250,000 shares of McAdam with a 5-year option to buy another 125,00…