Echo Bay Mines earnings lower
Third-quarter earnings were lower for Echo Bay Mines (TSE) despite increased gold and silver production from the company’s expanding mining operations in Nevada. The company had net earnings of $9.6 m…
News
Breakwater defers production decision on Estrades
A mining feasibility study has been completed by Wright Engineers on the Estrades gold-silver-zinc-copper deposit in northwestern Quebec. Project operator Breakwater Resources (TSE) has also deferred …
Drilling begins on Reymont’s claims near Nelson, B.C.
A 10,000-ft diamond drilling program has started on Reymont Gold Mines’ (ASE) Great Western Star copper-gold property near Nelson, B.C. The current exploration program will test at least five separate…
Sherritt Gordon adopting shareholders rights plan
Toronto-based Sherritt Gordon (TSE) has adopted a poison pill or shareholder rights plan to prevent itself from becoming the victim of a creeping takeover bid. While the company said it isn’t aware of…
Inco puts hefty price on Nor-Acme capital costs
A technical study for the Nor-Acme gold project, owned 100% by High River Gold Mines (TSE), was recently completed by Inco Gold, a unit of Inco Ltd. (TSE), in conjunction with Wright Engineers. The re…
Fairbanks reviewing proposal from major
With a written proposal in hand, Fairbanks Gold (VSE) is evaluating an offer by a major mining company for possible involvement in the company and its Alaskan mineral properties. Eric Friedland, pre…
Mine Visit: A DIGNIFIED DECLINE; Operators are intent on securing
In the declining years of an orebody, it is tempting to starve the mine as early as possible of capital improvements and thus “maximize,” “optimize” and otherwise milk the mine’s cash flow. But the to…
THINK LEAN AND GREEN: 1990s predictions
In the coming decade, senior operations people will have to mine and mill more product at less cost and do so without additional harm to the environment. No surprise there for operating personnel. The…
A PLEA FOR COMMON SENSE
Environment and health issues are at the top of the public agenda. National opinion polls consistently report that a majority of Canadians identify the environment as their most important concern. Thi…
A CAMP EVOLVES; Our west coast correspondent surveys northwes
Charles Darwin’s theory of survival of the fittest caused an uproar in the genteel Victorian society of his time. More than a century later, this principle can be applied to the evolution of northwest…
Specs: MUCK TRUCKS
Trackless haulage is as ancient as mining itself. The original trackless hauler was that infamous biped known as man. More recently, diesel-powered, rubber-tired haulers have satisfied the need for mo…
Managing: MANAGED MAINTENANCE; Maintenance workers must receive
Everyone involved with mining in Canada is well aware of the importance of improving productivity and lowering costs in order to preserve our international competitiveness. One way to achieve this is …