Sullivan and Cambior solidify their links
Sullivan Mines, and Cambior Inc. are solidifying the link between the two companies. They had previously announced (N.M., Aug. 8/86) that Sullivan- associated Courvan Mining would have an option to pu…
News
Malartic Hygrade results
For the second quarter ended June 30, Malartic Hygrade Gold Mines earned net income of $484,125 or 14 cents per share compared to $349,156 or 10 cents per share during the same period last year. For …
Vancouver Stock Exchange Gold holds on to its recent gains
Wednesday close, August 27 Prices on Vancouver have firmed somewhat which is not surprising given the fact gold has managed to hold onto some of its recent gains. The Vancouver market is heavily biase…
Canamax ups reserves at Kremzar gold project
An additional 264,000 tons of reserves have been outlined at the Kremzar gold property operated by Canamax Resources, the company reports. Located 25 miles northeast of Wawa, Ont., the Kremzar propert…
People (September 01, 1986)
GLAMIS GOLD — Andrew Milligan has resigned as president and James Carter as vice-president and chief financial officer.
Ontario rescue team in national contest
For the first time in the history of the event, Ontario plans to enter a team in the 1986 national mine rescue competition, scheduled for Sept 19-20 in Nanaimo, B.C. The competition will test the skil…
Correction Coin Lake Gold
As a clarification, all dollar figures quoted in last week’s story on Coin Lake Gold Mines’ Golden Reward property were expressed in U.S. dollars, (except for the share price quoted on the Toronto Sto…
Newjay working
A preliminary exploration program is under way on the Black Twp., Ont., gold property controlled by Newjay Resources. The 268-claim property, near Kirkland Lake, is being surveyed by geophysical instr…
McAdam Res. now on TSE
The shares of McAdam Resources are now listed on the Toronto Stock Exchange; the company’s trading symbol is MMM. The company has successfully completed a rights issue undertaken by Merit Investment C…