Message from the Minister
As Minister of Energy, Mines and Resources, I am pleased to note that the minerals industry continued to make a significant contribution to the Canadian economy in 1990. Although a number of high-cost…
News
Mining and the Nation: A review and forecast of the industry’s (March 01, 1991)
Preliminary data indicate that Canadian exploration expenditures totaled about $900 million in 1989, down from $1.35 billion in 1988. Although final data for 1989 were not available at the time of wri…
Fuel Minerals: A review and forecast of uranium and coal; URANIUM
In 1990, Canada’s uranium industry continued to face an uncertain market, plagued by oversupply and low, volatile prices. Even falling output, as production centres closed or curtailed operations, cou…
Base Metals: An overview of Canada’s major non-precious, (March 01, 1991)
Demand for nickel in the Western world increased in 1990 to an estimated record level of 680,000 tonnes (t), compared with 660,000 t in 1989. The increase was led by the stainless steel sector, partic…
Precious Metals: A review and outlook for gold, silver and (March 01, 1991)
The silver market performed poorly in 1990, as monthly average prices steadily declined because of a combination of soft investment demand and increased by-product output. The London silver price cont…
50 Years Ago (March 01, 1991)
STEEP ROCK PLAN LARGEST OF ITS KIND Ambitious plans exist for the drainage of Steep Rock Lake, north of Atikokan, Ont. The goal is to get cheaply at the iron ore below, according to Joseph Errington, …
Specialty Metals: A summary of how some of Canada’s rarer elements
ANTIMONY Canada’s antimony production in 1990 was 653 tonnes (t) valued at $1.4 million, compared with 2,818 t and $7 million for 1989. The dramatic decline in production stemmed from the January, 199…
Calendar (March 01, 1991)
April 3-5, London, England. Coal in the Environment (1st World Coal Institute conference on clean coal technology). Contact World Coal Institute, Conference & Exhibition Secretariat, 8 Cotswold Mews, …
South Kemess may be next porphyry elephant
The discovery and development of the Mt. Milligan porphyry copper-gold deposit generated an exploration rush for the next elephant in British Columbia’s Quesnel Trough, particularly since Placer Dome’…
P.T. Inco earnings decline by 60% in 1990
P.T. Inco, like its parent, Inco…
PRODUCER PRICES (February 25, 1991)
ALUMINUM: MW U.S. Market US66.50-68.50 cents per lb. (Jan. 31, 1991). ANTIMONY: New York dealer US80-83 cents per lb. (Jan. 31, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CA…
Best output at Con in 50 years
The Con mine produced 117,116 oz. gold in 1990, establishing a new annual production record for the underground operation which has churned out gold for more than 50 years on the outskirts of Yellowkn…