AMERICAS — Talc output in U.S. off 3%
A dozen companies operated 17 talc mines in eight states in 1993, the U.S. Bureau of Mines reports. Most of the domestic talc production was from open-pit mining operations; underground mining was use…
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AMERICAS — New Chilean mine for Coeur d’Alene
Historically, Coeur d’Alene Mines (NYSE) has been associated with Idaho and the prolific silver mines of its namesake district in that state. But these days — with operating mines in Nevada and New Z…
AMERICAS — New York hosts pair of wollastonite miners
Wollastonite has been mined in New York state since the 1940s. The two companies currently mining the mineral in the state are NYCO Minerals and R.T. Vanderbilt. The NYCO deposit in Essex Cty. contain…
AMERICAS — Reclamation of California mercury deposits a
Previous mining of mercury deposits in the northern California Coast Range mercury belt has become the source of environmental geochemical concerns. Occurrence of metals in the surrounding rock, soil,…
AMERICAS — Mining industry faces a growing cost in
According to Statistics Canada, absenteeism will cost Canadian employers more than $10 billion in 1993. Two out of three employers that A. Foster Higgins surveyed at the end of 1992 also indicated tha…
AMERICAS — Gibraltar advancing project northeast of
Plans for restarting its open-pit mine at McLeese Lake in east-central British Columbia, as well as ongoing feasibility work on the nearby Mt. Polley project, have not kept Gibraltar Mines (TSE) from …
Inco holds interests in wide portfolio of properties
Realizing that there are other prolific areas for nickel and copper mineralization outside Canada, nickel-producing giant Inco (TSE) has acquired interests in a number of international projects. Inco,…
ODDS’N’SODS — The lure of Chicago
We hired many newly arrived immigrants during the early years of mine development and production at Elliot Lake, Ont., in the fast-developing world uranium centre during the 1950s. Numerous sturdy Ita…
Refugio funding finally in hand
Financing for the Refugio gold project in Chile is finally in hand for joint owners Bema Gold (TSE) and Amax Gold (NYSE). Bema has been looking for financing to develop Refugio since early 1991, with …
TSE INDICES (August 15, 1994)
— 1994 — Aug 9 Aug 8 Aug 5 Aug 4 Aug 3 High Low Composite”300″ 4186.82 4175.36 4168.54 4202.09 4206.05 4609.93 3518.31 Metals&Minerals 3902.51 3892.36 3922.46 3982.58 3985.31 3996.08 3273.56 Integra…
New Newmont mine set for Indonesia
Construction of a new gold mine on the Indonesian island of Sulawesi has been approved by joint-venture partners Newmont Gold (NYSE) and P.T. Tanjung Searpung of Jakarta. The US$131-million project wi…
Placer Dome earnings rise
A higher gold price and increased investment income helped to boost net earnings in the first half of 1994, Placer Dome (TSE) says. Earnings of US$61 million were recorded for the 6-month period, a si…