Still Gilded
The Golden Highway is still gilded. Plenty of mines are produ along this dual stretch of asphalt that runs from Timmins and Kirkland Lake, Ont., to Val d’Or, Que. Two major faults — Porcupine-Destor …
News
On the move (October 04, 1990)
In his new position of executive vice-president of Dayco Products, Bruce McNeil will have direct responsibility for all sales and marketing functions. He joined the company in 1977 from the accounting…
Scooptram of the ’90s
Wagner Mining Equipment, a division of the Swedish firm Atlas Copco, recently announced the launch of the first in a series of mining vehicles. The company has dubbed the series “the pace-setters” and…
Joint-venture disputes
Proving approval, or the lack thereof, by a joint-venture committee can result in the opening of a can of worms. As the venturers are in a dispute, it goes without saying that they cannot agree upon w…
50 Years ago – October, 1940
MICA IMPORTANT AS WAR MINERAL Mica has been classed as an essential war mineral by the United States authorities responsible for the provision of adequate supplies of such materials. It is one of two …
Cross-Cuts (October 04, 1990)
A BRISK TRIP The trend to commuter mines in the north — Echo Bay’s Lupin and Placer Dome’s Detour Lake mines being key instances — will likely continue. In the Yukon, for example, mine workers for t…
THE SUDBURY BASIN: On track at Lindsey
Falconbridge Ltd.’s Thayer Lindsley (or T.L.) project, an exploration play on a deep-seated nickel/copper orebody a few kilometres outside of Sudbury, Ont., now has a shaft sunk to the 1,310-metre lev…
EDITORIAL PAGE Say too much of say too little
Eyeball assays. It is not our term, but it is one that has apparently taken hold in the exploration field. Or perhaps we should say in the promotion field. It is an apt expression. Essentially, it ref…
Bond sells 810,000 oz forward to cut debt
Taking advantage of the recent run-up in gold prices, Bond International Gold (TSE) has sold forward 810,000 oz. of gold at an average price of US$425 per oz. Bond, 65% owned by Toronto- based LAC Min…
COATS (over-the-counter) Trading gets a boost
The market appears to have recovered, at least temporarily, from the low-volume blues. For the first time in months, the week’s five most active stocks registered trading volumes of over 100,000, four…
Conference to focus on the environment
A 1-day conference dealing with the environment and mining will take place Oct. 18 at L’Hotel in Toronto. Titled “Environmental regulation and liability in the mining industry,” the conference is bein…
Kennecott backs Fischer-Watt on portfolio of 35 properties
Armed with the proceeds of a recent US$2 million private placement, Fischer- Watt Gold (NASDAQ) is planning an aggressive exploration program on various properties in the western U.S., Mexico and Cent…