News

Toronto to be venue of CIM annual meet

The Canadian Institute of Mining and Metallurgy moves to Toronto nex t year for its 89th annual general meeting. It will be the first in Toronto since 1980. The meeting, which will have for its theme …


Underground work started by Northern Dynasty

The first of two underground phases has commenced at Northern Dynas ty Explorations’ Little Bald Mountain mine in Nevada. The 300-ft decline will access a 50,000-ton ore block and production will be s…


Encouraging results from Goldstack/Sullivan bet

A new zone is shaping up in the central part of the Goldstack Resour ces’ Dubuisson Twp. property, reports President Herve Drolet. Located about seven miles west of Val d’Or Que., the property contain…


Microcomputer course planned for geologists

Gordian Computer Solutions will be offering a series of microcompute r courses for geologists this fall. Developed by geologists, the courses will introduce the students to an introductory microcomput…


Oracle to drill at Opapimiskan and Agutua Arm

Oracle Resources has signed an agreement with First Exploration Fund 1986 for issuance of 166,667 flow-through common shares at $3 per share. The offering is underwritten by Merrill Lynch Canada and D…


People (September 22, 1986)

GLAMIS GOLD — Andrew Milligan, president and James Carter, vice-pres ident and chief financial officer, have resigned.


Query Golden Hope not pure gold playr

I purchased Golden Hope stock at $3 per share. Do you expect the sha re price to eventually rise? J.A., Belleville, Ont. Of course, all investors hope that the price of any shares they purchased will …


Pioneer reactivating an Idaho gold mine

Almost everybody wants higher gold prices, but to profit from them you need a producing mine — or at least one that is ready to start up. The Stibnite mine 93 miles northeast of here fits into the la…


Bull market beginnings 6 reasons why gold could soar

If you could buy gold today at the lowest price its been in 12 years , chances are you’d jump at the chance. Charles Huelsman of Paulson Investment Co. of Portland, Ore., who puts out an investment ne…


Net earnings up for Mentor Expl.

For the 6-month period ended June 30, Mentor Exploration and Develop ment realized net earnings of $1.26 million, or 36 cents a share. That’s a significant increase from the $479,055 or 13 cents a sh…


U.S. may produceh 3m. oz gold in ’86

U.S. gold production may approach the 3-million-oz mark in 1986, according to a study from the Metals Economics Group of Boulder, Colo. Production in 1985 is estimated at 2.1 million oz, with average …



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