Metals in review
Metals prices have had a pretty good run since the end of the recession. Nickel, for example, touching the US$10.80 mark. Copper edging US$1.69 per lb. But what now? The 1982-83 recession isn’t distan…
News
Automated Equipment
Automatic Lubricators A new system of single-point automatic lubricators may help mine operators save money. Perma Distributors describes its product as less costly than central automatic lubrication …
Internal responsibility
If you have been rubbing elbows recently with your counterparts in the mining industry, you may have heard the buzz term “IRS” being bandied about. No, they haven’t run afoul of the U.S. Internal Reve…
Denison sell-off
Toronto-based Denison Mines (TSE) has put nearly 100 pieces of mobile mining equipment up for sale from its Elliot Lake uranium mine, following a downsizing of operations at the site earlier this year…
U.S. REPORT Crowfoot-Lewis output sets record of 26,200 oz. gold
The Crowfoot-Lewis mine reported record gold production in the 1990 third quarter when the open pit operation turned out 26,200 oz. of gold. This compares to production of 24,000 oz. in the third quar…
Glimmer, Noranda pick up ground near Beatty-Hislop
Joint venture partners Glimmer Resources (VSE) and Noranda (TSE) have acquired another 8.5 claims around their Beatty-Hislop gold discovery near Matheson, Ont. The companies recently added the new cla…
COATS (Over-the-counter) Whisper starts to shout
Little-known Whisper Lake Resources vaulted into the market this week with plans to drill some favorable anomalies on a gold property south of Chibougamau, Que. Whisper gained 15 cents for the week en…
Record production, earnings for Barrick
Record gold production, earnings and revenue were reported by American Barrick Resources (TSE) for the third quarter and first nine months of 1990. Gold output during the quarter totalled 163,366 oz.,…
Vancouver Stock Exchange Rhodes active in Arizona, B.C.
Vancouver market players are pulling in their horns, keeping their powder dry, or sitting on the sidelines. These euphemisms roughly translate to being plain scared of putting their money in the marke…
Battle Mountain ups reserves in Bolivia
Exploration work by Battle Mountain Gold (TSE) on the company’s 51% owned Kori Kollo gold property in Bolivia has substantially increased minable reserves at the project. Kori Kollo is situated southe…
Ontario mining `a driving force’
It is with pleasure and humility that I introduce myself to Ontario’s mining community as the new minister of mines. Every member of this important community, be they prospectors, developers, managers…
Inco taking gold operations public via TVX merger
Nickel producer Inco (TSE) is making good on a promise to go public with its gold-mining operations by merging its wholly owned unit Inco Gold with producer Consolidated TVX Mining (TSE). The new comp…