To the diamond drill fraternity, the story of the invention of the core drill in 1863 is a familiar one. For those unfamiliar with the story, it bears retelling. In 1857, the project of drilling a rai…
Glamis Gold (TSE) has entered into an agreement with Loewen, Ondaatje, McCutcheon to place 1,250,000 common shares at a price of US$8.625 per share for gross proceeds of $10.8 million. This sale is in…
Although the recession has been termed “officially” ended, we in the mining services industry can find little comfort in recent statements to this effect from politicians and economists, neither of wh…
It is disappointing to see that, for some, cost of analysis is still the indicator of the accuracy of that analysis; that is, the more it costs, the better the result must be. I refer to the front-pag…
. . . An in-depth brief was presented (in 1992) to the Ontario Workers Compensation Board (WCB) concerning the calculation of the earning basis (benefits to be paid to the injured worker). Our brief e…
The CDDA is committed to the protection of human health, safety and the natural environment; to comply with environmental regulations; to maintain equipment, premises and drill sites in environmentall…
Senior gold producers have benefited the most from the recent run-up in gold prices, and with price-to-earnings (and cash flow) ratios becoming somewhat rarefied, the market has started to come round …
Gold continued to rally during the week ended May 18, adding US$15 to US$375.25 per oz. in New York and pushing the Toronto Stock Exchange’s gold and silver index up 6.6% to a new 52-week high of 8717…
The Vancouver Stock Exchange was back in the news again as provincial government officials ordered an independent review of the Exchange and the securities commission. The government believes the VSE …
A reactivated Skyline Gold (TSE) has arranged financing to cover $720,000 of exploration programs for 1993. The programs, to be financed by the private placement, are in addition to a $250,000 program…
Recent financing arrangements have set the stage for Azco Mining (TSE) to bring the Sanchez operation into production in southeast Arizona. The copper project is one of three held by the company in th…
The association and the diamond drilling industry have weathered another trying year. In 1992, the association saw a general 17% drop in membership over 1991. Already, this year has begun to show a ma…
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