Maintenance ROPING ESSENTIALS
All hoist ropes are lubricated during the manufacturing process. The core is fibre or nylon to which lubricant is applied to make the internal wires smooth; this prevents entry of moisture and protect…
News
EDITORIAL No need to waste more time
Good communication between companies’ directors and shareholders is a basic tenet of a functioning equities market. A fundamental purpose of regulated equities markets is to protect shareholders, and …
Royex and Mahogany gear for production
The Jolu gold property in northern Saskatchewan is head ing for production in 1989, with the operator of the project, Royex Gold Mining, currently making plans for a 450-ton-per-day mill. Toronto-base…
Barrick, HSK option
American Barrick Resources has optioned the Muskasenda Lake gold property from HSK Minerals. The 231-claim property is located 26 miles south of Timmins, Ont. Barrick can earn a 50% interest by spendi…
Golden Range has drills on five Mingold properties
Toronto-based Golden Range Resources has five diamond drills operating on five properties held under an agreement with Mingold Resources, Golden Range said recently. Under a back door acquisition agre…
Toronto Stock Exchange Interest rate fears trigger declining trend
A five-day losing streak, fueled by tumbling resource share prices, has trimmed another 100 pts from the tse composite index. Urged on by ever-weakening gold prices — which gave up another $10 during…
Letters HIGHLAND VALLEY HISTORY
In your December, 1987, issue there appears an article by David Duval headed “The History of Highland Valley Copper,” which states the following: “Discovered in the early 1960s by Egil Lorntzsen, the …
Obituary Frank Archibald
The former chairman of Southern Peru Copper Corp., Frank W. Archibald, has died at the age of 67 in Corpus Christi, Tex. Southern Peru Copper, based in New York, is the largest copper mining enterpris…
The 1987 Coal Review BYRON CREEK
Byron Creek Collieries, a unit of Esso Resources Canada, operates the Coal Mountain mine in southeast- ern British Columbia. The mine, about 32 km south of Sparwood, B.C., supplies bituminous coal to …
Two views of free trade from two sides of the border
Noranda Inc. had sales of approximately $6.2 billion in 1986. Although Noranda sells many different kinds of products to many countries around the world, the biggest customer for its goods is the Unit…
THE 1987 COAL REVIEW
More and more, it would seem, Canada’s coal industry is in a period of major transition. The world shortage of coal in the late-1970s and early-1980s has been replaced with difficult years of oversupp…
The 1987 Coal Review LUSCAR
With a history of more than 75 years of continuous operations, Luscar Ltd. is one of western Canada’s best-established and most diversified coal companies. It operates five modern surface mines to pr…