Epp urges miners to voice land-use views
At the 8th annual mineral outlook conference held in Ottawa recently, Minister of Energy, Mines and Resources Jake Epp advised miners to get involved early in the consultation phase on the issue of la…
News
Davis optimistic on B.C.’s mining future
Jack Davis, British Columbia’s minister of Energy, Mines and Petroleum Resources, told members of the Canadian Diamond Drilling Association that B.C.’s mining industry enjoyed a period of “relative pr…
National Research Council trying to improve drills, bits
The National Research Council has been involved in studies which it hopes will prove useful to the diamond drilling industry. The current status of research seeks to refine testing devices for the ass…
PEOPLE TERRATECH RESOURCES
Gerry Curtis appointed president and chief executive officer and director succeeding Hugh Cameron who has resigned but continues as a director; Neil Paget appointed chairman of the board.
PEOPLE NORGOLD RESOURCES
Steven Potter appointed president; Richard Graeme, appointed vice- president Operations; Robert Schafer appointed vice-president Exploration and Acquisition.
EDITORIAL Small can be beautiful
A mine doesn’t have to be big to be a winner. A small, well-managed mine that makes money is better for shareholders than a big mine that struggles to get out of the red. The bottom line is profitabil…
OBITUARY (May 14, 1990)
Donald Hurd, a well-known prospector, died in Kirkland Lake, Ont., May 5. He was a member of both the Prospectors and Developers Association and the Canadian Institute of Mining and Metallurgy. Born i…
While others struggle Corona doubles earnings
At a time when high interest rates and the strong Canadian dollar are sending corporate profits on a downhill slide, Corona (TSE) has managed to buck the trend, doubling its first-quarter earnings to …
Princeton president confident of healthy balance sheet
With net earnings of $2.3 million for the 1990 first quarter, Princeton Mining (TSE) is still firmly in the black and paying dividends even though this year’s results are off considerably from the 198…
Montreal Exchange Heavy Muscocho volume
Volume was light-to-moderate this week but investors seemed to know what they wanted. The general market portfolio index jumped almost 55 points for the week ended May 8, and the mining and minerals i…
Editorial Do we need mines?
“Do we need minerals? Only if we want buildings, roads, ships, cars, airplanes, glass windows, plates, cutlery, industrial machinery, communications equipment, energy generation and transmission, and …
Cambior output nears 40,000 oz.
Increased revenue and gold output were reported by Cambior (TSE) for the first quarter of 1990. Net income declined slightly. The Val d’Or, Que.,-based producer recorded net earnings of $4.6 million (…