News

Try It On For Size

I am told that in the Kirkland Lake gold mines of the 1940s, there was resistance to the newfangled jackleg or pusherleg drill that Atlas Copco had just invented. Resistance appeared on two fronts. Wo…


50 Years Ago (April 05, 1991)

CANADIAN MALARTIC DOUBLES ORE Another substantial increase in ore reserves, leading to consideration of plans for expansion of milling facilities, has been the principal feature of results at Canadian…


What’s New in Milling: Barmac Crusher

Not new to the overseas aggregates industry, but a relative newcomer to Canada, is the Barmac crusher, distributed by Wajax Industries of Markham, Ont. Developed and manufactured in New Zealand, this …


RTZ net earnings fall 6% in 1990

London-based RTZ Corp (NYSE) reported net earnings of US$908 million ($3.68 per share) last year, down only 6% from its 1989 net earnings of US$964 million ($4.14 per share). Group sales totalled US$9…


Giant team knows its first aid

A 4-person team from Giant Yellowknife Mines in Timmins recently won the annual McCrea First Aid Competition sponsored by the Mines Accident Prevention Association of Ontario. Fifteen teams competed i…



OBITUARY Eric Partridge

Former president of Waddy Lake Resources, Eric Partridge, died in Prince Albert, Sask., recently. He was 75. Born April 3, 1915 in Carnduff, Sask., Partridge began his career as a prospector in Britis…




Agnico reports $48-million loss

A $36.9 million writedown on its mining properties and investments in other companies led to a $47.7 million ($1.82 per share) loss for Agnico-Eagle Mines (TSE) in 1990. For the fourth quarter, the lo…


Mount Wright to get royalty

A Spanish court of appeal has upheld a 1983 judgment awarding Mount Wright Iron Mines (OTC) nearly $3.47 million in back royalties owed to it by Exminesa, a unit of Cominco (TSE). Mount Wright is 48.3…


U.S. REPORT Billiton in U.S. dealing properties

A portfolio of 15 American precious metal properties in various stages of development is being offered for sale by Billiton Minerals U.S.A., a division of Shell Oil Co. “Bids for these properties are …


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