LOOK OUT BELOW
In 1968, a supposedly stable, near-surface backfilled stope in Timmins collapsed. In 1981, an old stope caved to surface near the town of Malartic, Que., creating a depression 300 ft across and more t…
News
Managing THE NEW ECONOMICS
Is mankind doomed to someday walk the earth alone, save for domesticated animals and mutant insects? Will we turn our once “Garden of Eden” into a living purgatory, or even blow ourselves off the face…
Letters THE LOWDOWN ON THE ALPINE LOADER
I was interested to read the article in the June issue of your magazine entitled “High-Speed Mucking” and especially the portion on the Voest Alpine AL-60 loader. Unfortunately, the writer does not ap…
Editor’s Note
Talk about a notable lack of success. In Canada, we produce tons of by-product silver, enough to rank us fourth in the world, and the Sudbury Basin coughs up sufficient platinum group metals to make C…
Research THE MOTHER LODE BELT
About 120 million years ago, a metal-bearing, carbonate-rich hydrothermal fluid was channelled by a steeply dipping, major strike-slip fault zone which developed nearly 10 km beneath the contemporary…
Noranda nearing 20% stake in Falconbridge
Not content with simply being Falconbridge Ltd.’s largest single shareholder, Noranda Inc. has increased its ownership of the nickel producer to 16.5% and will probably buy more. After failing once to…
Letters to the Editor Engelhard remembered
I was much interested in T. P. Mohide’s article on Charlie Engelhard who was two years my junior at our New England boarding school. A classmate told me of an incident aboard one of the ocean liners o…
FINANCING (August 29, 1988)
ONTARIO Fiedmont — final rec iss offer 1,500,000 @ $1.32 per sh. Released From Escrow Cambior — 1,644,887 shs released. Moli — 2,000 shs released. VANCOUVER Pine Channel Gold — 600,000 sold for gr…
Drilling started at Lac’s Apolinario
Drilling is under way at the Apolinario gold property in Chile, Lac Minerals (TSE) reports. The major gold producer has an 85% interest in the property which is located on a mountainside 16,000 ft abo…
Editorial Arm twisting
Canadians sometimes like to point their collective finger at the United States when it comes to placing blame for air pollution, particularly air pollution that causes acid rain. Yes, Inco and Noranda…
Investment comment Galactic returns to broker’s good books
After its credibility was severely damaged by operating problems at the Summitville gold mine in Colorado, Galactic Resources (TSE) appears to be back in the good books of at least one British brokera…
Noranda options to take over NDU
Encouraging assays have been reported by NDU Resources (VSE) for its wholly-owned Blende lead- zinc-silver-germanium property located in the Yukon. The company has drilled to a depth of almost 700 ft….