Over the past two decades, Peter Ackerman Allen has fused together a perplexing assemblage of small, linked mining companies into a single, modern, big-league gold player called LAC Minerals. Along th…
Rockbolts are rare at El Indio. You might find them in the service bays, along with screening or shotcreting. But they are not in evidence in the main drifts or in stopes. Only where drifts cross faul…
If ever there were to be a country-wide award for flexibilty in processing plants, for adapting to changing times, then LAC Mineral’s Est Malartic mill would be the run-away winner. The mill was built…
Thayer Lindsley had an undisputed talent for finding and developing mines. Patience, however, wasnt one of his strong points. As president of the rapidly expanding Ventures Group in the early 1940s, L…
At the rarefied elevation of 4,000 metres above sea level, you learn to adjust physiologically. You regularly take extra gulps of air to compensate for that occasional, uncomfortable breathless feelin…
A public offering worth $113 million is planned by American Barrick Resources (TSE). The offering of four million common shares was announced on a “bought basis” at $28.25 per share. The shares will b…
I was stunned regarding the recent announcement by Eurus Resource that no additional work is to be carried out on the Rock & Roll property of Eurus and Thios Resources (T.N.M., Oct. 28/91). As a longt…
Shares of White Star Copper Mines (CDN) have soared since the junior announced that it is negotiating with a “major mining company” to explore its Kidd Creek area play near Timmins, Ont. White Star’s …
Canadian gold producers were recently issued a new set of accounting guidelines that requires them to change the way they account for gold loans in their financial statements. Effective, Nov. 20, the …
By cutting costs and increasing productivity at its international operations, Inco (TSE) will attempt to remain a low-cost nickel producer, Chairman Donald Phillips told analysts in Toronto recently. …
Walter Lawrence elected senior vice-president, operations; Eric Hamer elected vice-president and general manager.
Dark visions of how a sloth-like economic recovery will affect corporate earnings sent share prices in New York and Toronto tumbling downward during the week ended Nov. 19. Recognizing that stocks are…
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