Soviet scientists to visit Sudbury
A symposium featuring earth scientists from the Soviet nickel camp at Norilsk in Siberia and their counterparts at Sudbury, Ont., is being organized for Oct. 2-6, 1992, at the Ontario Geological Surve…
News
Third quarter trims Crown
A third-quarter loss of US$1.2 million trimmed 9-month earnings for Crown Resources (VSE) this year. The company reported earnings of US$145,000 for the nine months ended Sept. 30, compared with US$2….
Fort Knox puts two drills to work at Shining Tree
Fort Knox Gold Resources (TSE) has moved two larger rigs on to its base metal play in the Shining Tree area of northeastern Ontario after the first rig, testing the company’s nickel-copper discovery, …
FMC quarterly earnings slip
Chicago-based FMC Gold (NYSE) produced 95,000 oz. gold in the 1991 third quarter ended Sept. 30, a slight increase from the 89,000 oz. produced in the comparable period last year. But the company’s ne…
Flag encouraged by Wanapitei samples
Samples from Flag Resources’ (ASE) Wanapitei property in Mackelcan Twp., Ont., have returned anomalous values of nickel, cobalt and gold. The samples, taken from altered sandstone north of Jones Lake,…
Quebec committed to use of asbestos
Quebec is committed to promoting the safe use of asbestos, the province’s deputy prime minister and minister of energy and resources recently told an international conference in Kuala Lumpur, Malaysia…
LETTERS TO THE EDITOR (December 02, 1991)
When your writer was at Cord Ranch recently, he should have stopped by Alligator Ridge. He would have found that Kennecott Corp. and Nerco Inc. no longer own Alligator Ridge; rather, USMX Inc., a soli…
Vancouver Stock Exchange (December 02, 1991)
Trading activity was relatively flat during the week ended Nov. 26, with the resource index posting a 1.3-point loss to 508.17 and the composite index gaining 5.2 points to close at 561.55. The recent…
A SINGULAR PURSUIT: The tangle of companies his father Jack Allen
Over the past two decades, Peter Ackerman Allen has fused together a perplexing assemblage of small, linked mining companies into a single, modern, big-league gold player called LAC Minerals. Along th…
EL INDIO: PRODUCTIVITY IS PRIORITY ONE; An underground and open
The El Indio mine sprawls across several peaks of the Chilean Andes some 4,000 m above sea level. A collection of profitable underground and open-pit mines, the complex lies approximately 190 km east …
BRED IN THE BONE: Appropriately, LAC’s chief of operations was
Decentralized control and mine managers who are fully responsible for each of their mines. Thats the philosophy of LAC Minerals, a million-ounce producer with an empire in both the Americas overseen o…
PEAK PERFORMER
At the rarefied elevation of 4,000 metres above sea level, you learn to adjust physiologically. You regularly take extra gulps of air to compensate for that occasional, uncomfortable breathless feelin…