Mark V aims to revive Montana’s Bagdad mine
Mark V Petroleums and Mines has received some encouraging assay results from its wholly-owned Bagdad Gold property in Granite Cty., Mont. After lying idle for over 40 years the property was rediscover…
News
Metal Mining earns $3 million in second quarter
After completing its first full quarter as the principal worldwide mining vehicle of West Germany- based Metallgesellschaft AG, Metall Mining Corp. said it has shown improvements in all aspects of its…
Moneta Porcupine acquires Montana gold-silver claims
In a bid to broaden its interests beyond gold exploration, Moneta Porcupine Mines of Timmins, Ont., has acquired a major interest in over 200 mining claims in the Finlay Basin area of Granite Cty., Mo…
Agnico statement expected in early ’88
A statement of defence in a lawsuit involving plaintiff Noranda Inc. and the defendants, Agnico-Eagle Mines, Mentor Exploration and Development and Dumagami Mines is expected to be filed in early 1988…
Canadian gold miners active in Ghana
Out of the world gold spotlight for some time now, the West African nation of Ghana may be about to make a comeback — in part because of the initiative being shown by a number of Canadian mining comp…
Market regulations, public protection
You know the grim smile that comes to your face when you hear the chilling words, “I’m from the government and I’m here to help you.” Well, because of the great wealth produced by world metals output,…
COATS Trading Features (December 07, 1987)
A generally quiet week is the best way to sum up the performance on coats. Several issues however, did show some life. Clavos Porcupine Mines, which holds a royalty interest on a promising gold play o…
Editorial Death throes of apartheid?
Given the present dangerous state of affairs in South Africa, on the face of it it’s probably a good move — certainly a shrewd move — for that country’s mining giants, Anglo American Corp. and De Be…
Gldn Terrace makes second discovery at Richardson Lk
Deeper drilling, to 500 ft, has doubled inferred reserves on the Richardson Lake property, 70 miles east of Red Lake, Ont. Owned and operated by Golden Terrace Resources the project now has 200,000 to…
Echo Bay Mines pays dividend
Echo Bay Mines has declared an increased semi-annual dividend of 35 cents (US) per common share, payable on Dec 31 to shareholders of record on Dec 15. According to Echo Bay, the previous semi-annual …
Pickle-Opapimiskan a big producer by 1990s
By the early 1990s, the Pickle- Opapimiskan Lakes area in northwestern Ontario could have four gold mines in operation producing more than 200,000 oz of gold. Such a production forecast, combined with…
Bachelor Lake resumes production
In the absence of revenue from its Desmaraisville, Que., mine during the first nine months of 1987, Bachelor Lake Gold Mines didn’t expect its recently released interim report to be an earth-shatterin…