Low sales continue to plague Potash Corp.
A substantial drop in sales to the Potash Co. of America as it resumed its own production at the Patience Lake mine was the main factor behind a 84% first-quarter earnings tumble for Potash Corp. of S…
News
Safety important issue says new CDDA President
C.D. (Bud) MacDonald has been president of the Canadian Diamond Drilling Association for only several weeks, but already he expects that safety will be one of the more important issues to be dealt wit…
LETTERS TO THE EDITOR Noranda clarifies `tin suit’
For the record, your April 23 issue referred to “Tin suit fails” in which it was indicated that Noranda lost its suit against the federal government over the International Tin Council affair. In fact,…
Lab a memorial to Dr. Duncan Derry
A new electron microprobe lab, built as a memorial to Dr. Duncan Derry (1906-87), opened recently at the University of Toronto. Derry, an Officer of the Order of Canada, was inducted into the Canadian…
Agnico-Eagle quarter results reflect Dumagami acquisition
As indicated by Agnico-Eagle Mines’ (TSE) first-quarter results, the Toronto-based gold producer is starting to benefit from a recent amalgamation with affiliate Dumagami Mines. Bolstered by output fr…
Metal Prices (May 21, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 15 May 14 May 11 May 10 May 9 Copper 1583-1585 1643-1644 1690-1695 1…
Third Eskay zone boosts neighbors
Recent drilling by Prime Explorations below the 21B and 21A zones on the Eskay Creek project north of Stewart, B.C., has encountered a new and discrete mineral zone that lies well beyond existing rese…
Equity Silver Mines earnings drop
First-quarter earnings dropped slightly for Equity Silver Mines (TSE), falling to $4.5 million on revenues of $25.9 million, compared with the previous year’s earnings of $5 million on revenues of $27…
Goldex likes broad widths of GE zone intersections
A $2-million underground exploration drive to determine the size, shape and grade of the Goldex Extension zone near Val d’Or, Que., is now well past the halfway stage. But even though partners Goldex …
William, Billiton test Montgay bet
Five holes tested geophysical anomalies and two other holes tested the depth extension of a known zinc-silver occurrence as part of a drilling program at the Montgay property 55 km northeast of Val d’…
Byproduct mining sends supply of silver soaring
The increasing supply of silver from new mine production is weighing heavily on the price of the precious metal. “Because the large proportion of this production comes from the byproduct mining of cop…
River rafters force Geddes to revise mine plans
The British Columbia government has sent Geddes Resources (TSE) back to the drawing board to further research and revise its mine plan for the Windy Craggy copper deposit in the province’s far northwe…