Old-timers
I was interested by your open query in the August, 1989, issue, as to the longest-operating mine in the world, because I have worked at the Dome mine in northern Ontario and also at two mines in Europ…
News
International PLACER DOME’S BIG BELL
In early June, heavy rainfall turned Imuch of Western Australia into a Igiant mud puddle, creating problems for at least two industries in the outback — sheep farming and mining. With fresh water out…
Zinc SOFT LANDING
Zinc market conditions are extremely tight. The sharp slowdown in the auto sector combined with less buoyant consumer spending overall will act to decrease zinc demand sharply * The new mines coming o…
lead ON THE WAY DOWN
Lead prices have been trending upward since 1985 and currently stand at 42 cents (us) per lb. We expect slumping automobile sales and new mine production to bring them back down to 38 cents (us) per …
Durga adds zinc bet to Nevada holdings
Calgary-based Durga Resources (ASE) recently added a former lead- zinc-silver producer to a list of Nevada assets which now includes 7,000 acres of mineral rights and two mills. Situated in southweste…
Louvem makes offer to A shareholders
Societe Miniere Louvem (TSE), one of the two joint venture partners involved in the Louvicourt Twp. massive sulphide discovery east of Val d’Or, Que., is making a new offer to holders of its Series A …
Cameco, Trimin expand Hanson zone
Drilling by Cameco and Trimin Resources (TSE) on their Hanson Lake zinc-copper property in Saskatchewan continues to intersect mineralization. Two holes in the current 20,000-ft drill program were dri…
Corona chairman not shy on reserve potential at Williams
Results from deep exploration at the Williams gold mine at Hemlo could lead to a doubling of reserves, Ned Goodman, chairman and founder of Corona Corp. (TSE), told institutional investors at a Goldm…
Midrim drilling Montana property
Three drill holes have been completed on the Ringing Rocks property, 18 miles east of Butte, Mont., by joint venture partners Midrim Mining (COATS), and Vital Pacific Resources (VSE). Midrim reports t…
Gateford, Corona set up new company for chromium search
Toronto-based Gateford Resources (ASE) is helping to set up a new private company called Canchrome Mines which will explore for chromite ore deposits in Canada. Other major shareholders of Canchrome i…
Manitoba meeting on exploration news
The geological services branch of Manitoba Energy and Mines will hold its annual meeting Nov 27-29 at the Winnipeg Convention Centre. Speakers will give overviews of new concepts of geoscientific expl…
Newmont chairman’s formula for success: Explore like hell’
“We explore like hell.” That has become the unofficial motto of Newmont Gold’s (NYSE) exploration team in Nevada, said Gordon Parker, chairman of Newmont, at a Goldman, Sachs mining conference in New …