Inco Gold restructuring creates another company
Inco Ltd. (TSE) has made a few modifications to Inco Gold, the company’s wholly-owned gold mining and exploration arm. Inco Gold will manage Inco’s gold properties which are in production or near prod…
News
Safest mines in the U.S. honored
The safest mines in the United State were honored recently with the “Sentinels of Safety” award presented by the American Mining Congress and the Department of Labor. To qualify for the award a mine m…
Vancouver Stock Exchange Alaskan project boosts Fairbanks 50^
It may not be happening in any major way in Vancouver, but brokers here are heartened by the recent upswing in trading activity on the big boards back East. However, unlike several years ago when juni…
Corona drilling Varna’s Mings Bight
Corona Corp. (TSE) has started a diamond drilling program on Varna Gold’s (ASE) Mings Bight property in Newfoundland. Drilling is testing the Lightning zone which hosts three mineralized zones in a se…
50 Years Ago COBALT WORTH MORE THAN SILVER
A delegation from Cobalt and surrounding areas seeking a bonus on silver for the Cobalt and Gowganda silver areas of Ontario has waited on the Dominion government, but the outcome has not been announc…
50 Years Ago GEOLOGY FOR THE LAYMAN
We have heard comments occasionally that readers of mining news sometimes miss the significance of a report because they do not understand the implications of geological information given. Accordingly…
50 Years Ago GOLD REACHES NEW PLATEAU AS SEVERAL CURRENCIES BREAK
The expected has happened. The pound has fallen and gold has gone to a new high price in London, the world’s one great open market. The news is important, for even though the drop came co-incident wit…
50 Years Ago QUEBEC MINE BELT PROVES POPULAR
Mining in northwestern Quebec is a flourishing business. This fact is well appreciated by those engaged in the search for new metal orebodies, The Northern Miner found on a recent trip through the 100…
50 Years Ago CURRENCY PROBLEMS FOR GOLD MINES
Unless there is war, which now looks remote, the premium in United States funds may shortly diminish, leaving us little gain from a fall in sterling which looks likely to settle the pound quotation at…
Law MORE ON DEFAULTS
In the last instalment on the subject of defaults (see May issue), we left the villain having defaulted under option arrangements and considering the potential of defaulting under farm-in/joint-ventur…
COMPUTER PROCESS CONTROL Part 1
There is a wide distribution in the Tdegree to which process control Tis applied in North American gold mills. We believe that the distribution is decidedly skewed toward pre dominantly manual contro…
FORMIDABLE EXPERTISE
More than 700 people in and around the town of Campbell River on Vancouver Island make their living in Strathcona Provincial Park, some earning more than $80,000 per year. These people aren’t raking l…