SHOTCRETING REBOUNDS
Shotcrete is making a comeback in Canada. After it was introduced into the Craigmont mine in British Columbia in 1966, it gained the notorious reputation of being the lowest-paying job in a mine. But …
News
Placer completes Paymaster purchase
Placer Dome (TSE) has completed the purchase of a 60% interest in the Paymaster gold project at Timmins, Ont. American Reserve Mining (VSE) has received $18.2 million in cash for the sale of both the …
50 Years Ago U.S. COPPER SALES LARGEST IN 3 YEARS
Domestic sales of copper have been the highest in three years. At the end of last week, sales were 152,000 tons for the month to date — the highest since April, 1936. The domestic copper price advanc…
Noranda in place to take control of Aur discovery
Toronto-based Noranda Inc. (TSE) is quietly positioning itself to take advantage of a massive sulphide discovery reported recently by Aur Resources (TSE) and Societe Miniere Louvem (TSE) at the Louvic…
Timmins Nickel share offering seeks $6 million for Redstone
A $6-million share offering is being planned by Timmins Nickel, a private company which owns a 51% interest in the Redstone nickel mine near Timmins, Ont. The bulk of the proceeds, if the maximum amou…
Greenstone busy at Millie Mack
Toronto-based Greenstone Resources (TSE) has started a $1.3- million exploration program on its Millie Mack gold-silver property in British Columbia. The 3,200-acre Millie Mack property is 18 miles ea…
Ronrico/Louvicourt in metals venture
Partners Ronrico Explorations (VSE) and Louvicourt Gold Mines (COATS) are planning to explore for a base metals deposit on the untested northern two-thirds of the Simkar property east of Val d’Or, Que…
Malartic acquires Congress mine from Echo Bay
Seeking a foothold in the U.S., Malartic Hygrade Gold Mines (VSE) of Toronto has acquired the Congress gold mine in Arizona from Echo Bay Minerals (TSE). The deal gives Echo Bay 400,000 Malartic commo…
Spot prices at a glance (July 03, 1989)
Wednesday, June 28 Week’s Price (US) Change Gold* $373.75 +$ 8.05 Silver* $ 5.30 +$ 0.06 Platinum* $505.10 +$ 9.50 Nickel** $ 5.42…
Iron and steel conference
The International Iron and Steel Institute will hold its annual conference in Berlin, West Germany, on Oct 1-4, 1989. Discussions will include the world economy in the year 2000, steel in the urban en…
Profile A NOSE FOR MINES
Before radar, the skippers of west-coast seiners were adept at finding safe harbor in impenetrable fog. Bern Brynelsen remembers one such seaman, for whom he packed salmon. Time and again he was deepl…
Flowsheet A YELLOWCAKE RECIPE
Half a billion dollars was spent Hbringing into production the HKey Lake uranium complex in northern Saskatchewan. A large proprortion of that went into the mill — a first-class structure if ever the…