Teddy Bear Valley Mines (COATS) director Herbert Mendel has joined a small group of mining insiders who may benefit financially from any future developments at the Lightning zone gold discovery near M…
Phelps Dodge (TSE), the free world’s second largest copper producer, has identified an interesting-looking extension to the main orebody at its Morenci copper mine in Arizona. Vice-President Thomas Fo…
About 61% of the 1,600 union employees at Hudson Bay Mining & Smelting’s (TSE) Flin Flon and Snow Lake operations in Manitoba recently voted in favor of a new 3-year wage contract. While the previous …
Low daily trading volumes, in the 2-million-share range, marked a week shortened by the year-end holidays. Both the market portfolio and the mining and minerals index managed advances during the week …
A reorganization plan filed with the Supreme Court of British Columbia by Quintette Coal reveals the company is asking its creditors to write off in the order of $485 million in debt. The writeoff wou…
A gypsum property in northwestern Ontario has been purchased by Val d’Or Resources (ME) of Val d’Or, Que. President Pedro Cardoso said the group of 40 claims is known to host gypsum mineralization at …
Atlas Copco Canada has an exAtensive range of 2-boom jumbos Ato suit almost any heading size. Most units can also be equipped with basket booms for bolting and/or blasthole charging, as well as a rod-…
The pace of mine-building is slowing. In January, 1988, we reported that 32 new Canadian mines would produce ore before year-end. In 1989, we listed 18 new mines that were being readied for start-up. …
THE NORTHERN MINER, JANUARY, 1940 NEW DEPTHS, NEW ORE CHANCES FOR LAMAQUE Lamaque Gold Mines is preparing to sink its main No. 7 shaft from 2,000 ft to 3,600 ft below surface, The Northern Miner can a…
The following qualifies as the most imaginative speech given this year by a company president to his shareholders. Harvey Atkin, an actor, businessman and president of Armistice Resources, delivered t…
LEARNING THE WHOLE PICTURE All too often, the failure of a new mine is attributed to overestimating of reserves or ore grade by geologists, while success is attributed to the making of the mine by min…
These days, controlling and reducing costs is one of the most important challenges facing the Canadian mining industry. Gone are the days when a mine manager could offset poor cost performance by dipp…
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