Lead stands to benefit from supply setbacks
Lead had a good start but a poor finish in 1990. The record shows that from year- end 1989 to the end of 1990, lead was the worst performing metal in terms of London Metal Exchange (LME) prices. This …
News
Global copper market can lend itself to surprises
Copper was the only major base metal that closed 1990 up in price over its 1989 year-end quote. It was only a penny or two but still impressive compared with other metals. For 1990 as a whole, however…
U.S. REPORT Metall interests extend around globe
To call Metall Mining (TSE) a North American copper producer would be correct but only a part of the corporate story. The growing Toronto-based mining company, controlled by Metallgesellschaft AG of G…
Low silver price could act to restrain supply growth
It was not a banner year for silver in 1990. The price of the precious metal fell to 14-year lows late in the year on weakened investor and industrial demand. It may now be silver has nowhere to go bu…
Porphyry Potential
It’s a good bet armchair critics this year will scrutinize Placer Dome’s Mt. Milligan project, north of Prince George, B.C. It is the country’s biggest potential gold/copper producer, ranking in size …
The Dimensions of AutoCAD
David Nicholls is a geologist in the mines technology department for the Manitoba division of Inco Ltd. His immediate responsibility is to provide computer support to the exploration group, including …
Why Gold Mines Fail
It has become fashionable to blame the flow-through tax rules for the excesses that led to the mine development failures of the 1980s. But this is not entirely fair. My colleagues and I were in the un…
Pooling Resources: An International Council Gets Under Way
The metal-mining industry will soon establish an International Council on Metals and the Environment, a global response to mounting pressures for better health and environmental protection. “This is t…
Mining Honors Its Own: Nine Pioneers enter the Canadian Mining
Randolph Diamond (1891-1978) Metallurgist who created the world’s first successful large-scale differential flotation operation, which unlocked the zine-lead treasures of B.C’s Sullivan Mine. John Ham…
View from the Top: Executive Survey 1991
Environmentalism, weak equity markets, an economic downturn, global competiton and a desert war. No question, Canadian mining faces obstacles. The following, a response to our questionnaire on the pag…
Politically Correct
“The role of new firms in innovation is important not only for its direct contribution but for its implicit threat to older firms, which might not otherwise feel impelled to take the risks of innovati…
New Mucking Machine Announced by EIMCO
MUCKING MADE EASIER Eimco Corp. of Salt Lake City, Utah, has developed a mucking machine, the “Tunneloader,” which is not only much larger and more powerful than any of its present models, but also em…