The Boy Scouts’ motto, “Be prepared,” is equally applicable to today’s mining industry as more and more companies struggle to adapt to new trends. Four years ago, the industry began a shift toward so-…
The following is an excerpt from the plenary session paper presented at the recent maintenance engineering conference held in Sudbury, Ont. The conference was sponsored by the Canadian Institute of Mi…
A disquieting number of rock bursts and the usual creaks and groans of a deep mine once were the daily fare for miners at lac Mineral’s Macassa mine, near Kirkland Lake, Ont. They still contend with r…
For most of his working life, Macassa’s mill superintendent, Len Robinson, worked with Merrill-Crowe gold recovery systems. He was a stranger to carbon-in-pulp (cip) technology when it was incorporate…
The global copper market, which experienced exceptional years in 1988 and 1989, is poised to move into marginal oversupply during the next two years, says an international securities firm. Shearson Le…
Consolidated TVX Mining (TSE) reported reduced annual earnings for 1989 of $6.3 million or 15 cents per share, compared with $13.3 million or 44 cents per share in 1988. TVX said the decrease in earni…
With a grassroots exploration budget of nearly $7 million this year, the mining division of BP Canada (TSE) is emphasizing its most promising base metal and gold properties in Newfoundland and British…
Pershing Gold, which has an interest in a gold-silver property in Nevada and which trades over-the- counter in the U.S., reported total assets of US$1.9 million for 1989, down slightly from the previo…
In its recently released 1989 annual report, Amax Gold (NYSE) stressed that quality will be the driving force behind the future growth of the company. The company notes that it plans to grow through e…
In an unusual display of sweetness and light for a mining industry takeover, all key players are professing to be winners in the recently announced plan to merge Prime Resources Group (VSE) and Stikin…
Three mineral claim sales held in Nelson, Smithers and Vancouver netted the British Columbia government more than $280,000. Mines Minister Jack Davis said the mineral claims up for sale had reverted o…
Options Open Series Volume Last Interest May 380 C 83 5.00 1,443 May 390 C 201 2.90 1,027 May 400 C 250 1.40 2,105 May 410 C 227 0.50 2,094 Aug 380 C 61 17.00 149 Aug 390 C 104 13.00 529 Aug 410 C 130…
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