Higher costs, lower output hurt HudBay
A combination of higher unit costs, employee bonuses and lower than expected copper production added up to a drop in fourth-quarter profits for Hudson Bay Mining & Smelting (TSE) and quarterly loss fo…
News
Results fall short of expectations, Aur says deposit not `pinched
High-grade intersections that fuelled the rapid rise in the price of Aur Resources (TSE) and Societe Miniere Louvem (TSE) shares in mid-1989 failed to materialize among the latest batch of Louvicourt …
Improving maintenance costs could save industry billions
Reducing the cost of maintaining underground mining equipment could save the mining industry billions of dollars a year, says Dr. W.R (Bob) Dengler, who heads a prominent mine contracting company. Den…
BURIED TREASURES; Time-domain electromagnetic methods led to some
Explorationists made several so-called “blind” discoveries in the 1980s. At depths of 230 to 1,300 metres, these deposits are hidden well beyond the range of conventional air-borne and ground geophysi…
NOVA SCOTIA GOLD
Within the mining industry, there are varying opinions on the potential for an economic gold deposit in Nova Scotia. For this reason, we will attempt to give some insights on the past as well as curre…
THE PITFALLS OF GOING PUBLIC: DIARY OF A CYNIC
So, you want to go public. You figure you can get together some money, start a public company to explore that mineral showing, find a mine. And get rich. I’ve been through that process during the past…
MAGNETOMETERS
Airborne, ground and borehole magnetometer surveys are not what they used to be. A revolution of sorts came in the early 1980s. “Smart” microprocessor-based magnetometers made it possible to store, re…
BRAINSTORMING
It is difficult and challenging to be a manager today. Business must be able to adjust rapidly and effectively to the many changes occurring in our technology and our society. However, the era of rapi…
THE LUCK OF THE SILVER-STRUCK CATTLEWOMAN
In researching a story on record-breaking events in mining for our April issue, I visited the office of our publisher emeritus, Mort Brown. He’s been in the business for practically half a century. I …
LOUVICOURT’S LOCKSMITH; Aur Resources’ Howard Stockford
When geologist Howard Stockford thinks about the major new copper-zinc discovery made by Aur Resources in Val d’Or, Que., a broad smile breaks across his face. It’s not hard to appreciate why. The Aur…
Calendar (March 01, 1990)
April 1-5, Sparks, Nev. The Geology and Ore Deposits of the Great Basin. At the Nugget Hotel. Contact Geological Society of Nevada, Box 12021, Reno, Nev. 89510. April 2-6, Birmingham, England. Metalwo…
WHAT’S NEW
ELECTRIC TROLLEY TRUCK Wagner Mining Equipment, now owned by Atlas Copco, has introduced a 350-hp electric trolley truck. The EMT-439, equipped with a 1,000- volt, 3-phase electric motor, has a payloa…