Nineteen-eighty-eight has seen unexpected prices for most mine products. Base metal markets have been characterized by very tight immediate supply from terminal markets leading to very high prompt pri…
The Namew Lake nickel-copper deposit, 60 km south of Flin Flon, Man., hosts diluted recoverable ore reserves of 2.58 million tonnes grading 2.44% nickel, 0.9% copper, 0.102 g gold per tonne, 4.11 g si…
Something is going on in the Canadian uranium industry. It’s happening rather quietly, and it doesn’t involve the junior resource sector or most of Canada’s major mining companies. Foreign companies a…
We pulled on overalls, stepped into high rubber boots, donned hardhats, checked our lamps and got into Mine Foreman Reg Swain’s new Toyota Jeep. As daylight faded behind us, our eyes adjusted to the g…
In the summer of 1915, Thomas Creighton and five fellow prospectors staked what has become one of the biggest mining operations in Canada. But at the time, they believed it to be a gold deposit. The c…
A 10,000-ft drill program has been completed by Orofino Resources (TSE) on the company’s Coronation Gulf gold property in the Northwest Territories. The property is held under option from Canuc Resour…
Low coal prices and high taxation have had a devastating impact on British Columbia’s coal mining industry, according to a report by The Coopers & Lybrand Consulting Group. The industry’s return on co…
Anderson Expl. — BC Sugar Refinery bought 164,706 (Sept, private) to hold 3,684,848. Kerr Addison bought 392,157 (Sept, private) to hold 6,202,281. Atlantic Goldfields — A. Howe sold 257,000 to hold…
The Ptarmigan gold mine near Yellowknife, N.W.T., is proving to be a solid source of cash flow for Treminco Resources (TSE), a company managed by a board of directors almost entirely made up of former…
LynnGold Resources (TSE) and Trans America Industries (VSE) have outlined gold reserves amenable to open pit mining on their Burnt Timber property, located seven miles southeast of Lynn Lake, Man. Bas…
Improved zinc prices and income from the Polaris mine in the Northwest Territories boosted net earnings for Pine Point Mines (TSE) to $43.9 million during the first nine months of 1988 from $21.4 mill…
Nippon Mining Company, Japan’s largest producer of copper, is now exploring for precious metals in North America through a subsidiary based in Reno, Nev. A few years ago, Nippon made the decision to b…
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