Spot prices at a glance (September 10, 1990)
Week’s Price (US) Change Gold* $384.60 — $4.50 Silver* $4.76 — $0.10 Platinum* $484.50 — $3.75 Nickel** $4.96 — $0.03 Lead** $0.39 — $0.01 Copper- $1.32 — $0.01 Zinc $0.71 — $0.04 Courtesy of S…
News
COATS (over-the-counter) Home Lake up 40 cents
On word that Home Lake Resources had staked 100 claims in the Eastmain River area of northern Quebec, shares of the junior company jumped 40 cents to close at $1.55 on a volume of 120,950 for the week…
Brunswick cleaning up smelter
Brunswick Mining and Smelting has started a cleanup program at its Belledune, N.B., smelter, according to Canadian Occupational Health & Safety News. Recommendations for the cleanup were made by an in…
GOLD FUNDS (September 10, 1990)
MVP BGR Central Capital Net value $10.84 $5.74 $0.31 Price $9.25 $5.500 $0.20 Discount 14.67% 4.2% 35.5% Value $64,547,056 $92,533,650 N/A…
Golden Terrace Res. plans amalgamation
A new corporation, to be named Winchester Mining, is to be formed by the proposed amalgamation of Golden Terrace Resources (TSE) and privately owned Stan North Mining Corp. Terms of the agreement call…
Cross-Cuts (September 07, 1990)
TOUTING VALUE-ADDED MATERIALS “Canada has traditionally derived wealth from exploitation of natural resources. Canadians are failing to realize that this is no longer the high road to an increasing st…
Column Flotation Champ; Minnovex Technologies President Glenn
First impressions can be everything, so Glenn Kosick, a miner processing engineer, sports a stylish business suit when he is promoting his company’s know-how to those who have never heard of him or Mi…
50 Years Ago – September, 1940
ITALIANS IN MINES MOSTLY CITIZENS Inaccurate reports appearing in the daily newspapers have left the impression that a high proportion of Canada’s miners are Italian-born, many of them unnaturalized, …
Calendar (September 07, 1990)
Oct 2-3, Ottawa, Ont. Stresses in underground structures: determination, prediction & monitoring. At the Venture Inn. Contact Dr. G. Herget, Canadian Mine Technology Lab, Mineral Research Laboraties/C…
Mine Visit
A few years ago, big Canadian mining companies decided to spin off various assets — usually gold properties — into satellite companies tethered in some fashion to the corporate mother ship. The stra…
Automated cage hoists
Skip hoists have been automated for some time, and it should known by this fall whether or not government officials in Ontario will approve the use of microprocessor-based systems on cage hoists. A fu…
At your service
Today there are many developments occurring in the industry that lead us to think that strong changes are taking place and that the nature of mining may change profoundly in the future. This article w…