Books Arizona copper industry
The annual report on Arizona’s copper industry covering the year 1987 is now available. Special Report No 14, The Primary Copper Industry of Arizona in 1987 covers production, stripping ratios, ore gr…
News
Rambler joint venture busy on several fronts
A major exploration program at the Rambler joint venture property on Newfoundland’s Baie Verte Peninsula is nearly 75% complete, report partners Petromet Resources (TSE) and Newfoundland Exploration (…
Short-term outlook bullish for pricy zinc
Look for high prices for zinc to hold up at least for a while longer, say a couple of analysts. Raymond Goldie of the investment firm Richardson Greenshields says the short-term outlook for zinc, whic…
Federal-provincial MDAs include extra year for compiling
Five provinces may have thought the 5-year Mineral Development Agreement (MDA) they signed with the federal government in 1984 expired at the end of March, but in reality the agreements have a sixth y…
SOQUEM planning return to Quebec’s Abitibi area
A more aggressive SOQUEM (Societe quebecoise d’exploration miniere) may be about to make a return to the Abitibi region, or northwest, of Quebec in search of base metals. The president of SOQUEM, Dr A…
NO END IN SIGHT
When Brunswick’s No. 12 mine Wcame into production at a rate of 4,500 tonnes per day in 1964, a mine life of about 25 years was forecast. Today, 25 years later, mining at a rate of 10,500 tonnes per d…
Audrey to announce results of Mobrun study
Audrey Resources (TSE) and joint venture partner Minnova Inc. (TSE) are planning to announce a reserve update at their Mobrun polymetallic mine near Rouyn-Noranda, Que. Mine manager Jean Bailly refuse…
Sonora bets on turnaround at Jamestown gold project
Even though Sonora Gold Corp. (TSE) recently announced a $50.6- million write-down in the carrying value of its Jamestown gold mine in California, the company remains optimistic about the future of th…
Editorial (April 03, 1989)
The cost of mining in Ontario is about to go up a notch, and some of the province’s small gold mines will likely suffer most. Unwilling to follow the example set by their base metal brothers by inve…
50 YEARS AGO TODAY IS A WORLD WAR ON THE HORIZON?
Nobody knows with certainty, but everybody is interested in the possibility. If war comes, what then? In the first instance, it would be recognized that such a war would not break on an unprepared wor…
Correction (April 03, 1989)
Contrary to what was was reported recently (N.M., March 20/89), Calgary-based Baloil Resources (ASE) intersected 8.8 ft of grade 0.13 oz gold per ton in drill hole DDH-1 during a 2,400-ft program at i…
Mill. oz gold loan secured by Barrick
Toronto-based American Barrick Resources (TSE) has successfully closed its 1,050,000-oz gold loan agreement which is designed to finance a $365(US) million development program at the Goldstrike mine i…