Record quarter for Coeur D’Alene Mines
Lower production costs and increased gold output at the Rochester mine were factors which contributed to a record third quarter for Coeur D’Alene Mines. The company reported third- quarter income of $…
News
Spot prices at a glance (December 05, 1988)
Week’s Price (US) Change Gold (per oz) $421.30 -$ 3.35 Silver (per oz) $ 6.07 -$ .04 Platinum (per oz) $602.00 -$34.00 Copper (per lb) $ 1.54 +$ .01 Lead…
Agnico-Eagle loss due to mine hoist
Mechanical difficulties at Agnico- Eagle Mines’ (TSE) Telbel mine near Joutel, Que., continues to have an impact on the company’s bottom line. As a result of lower gold production at the operation, Ag…
Starrex reports profit in 1988 third quarter
Now in its first year as a gold producer, Starrex Mining (TSE) recently reported a third quarter profit of $619,116 or 16 per share. A 35% joint venture partner with Uranerz Exploration and SMDC at t…
Noranda to continue exploration on Hislop claims
Further exploration entailing a substantial second phase diamond drill program and an orientation IP survey is planned for the Hislop property east of Timmins, Ont. During 1988, the property was the s…
Atlantic Report Explorations in Nova Scotia
Acadia Mineral Ventures of Toronto is exploring in southwestern Nova Scotia for gold-silver mineralization enriched in the axial zones of tightly folded anticlinal folds of the region. Acadia’s explor…
CANMET conference
The Canadian Centre for Mineral and Energy Technology (CANMET) has issued a call for papers and has announced a conference for Nov 15-17, 1989 in Timmins, Ont., titled “conference on surface crown pil…
Law QUEST FOR TITLE
A mainstay of the mining industry Ais negotiating and entering into Aagreements to acquire property interests. Often, great pain is taken to make sure that the agreement is complete and clearly sets f…
Letters A LODE-TYPE DEPOSIT?
I read with great interest your Research column (September issue) on Mother Lode-type deposits and environs. Eastfield Resources has a direct interest in the Pinchi Fault belt, and we believe that we …
JOLU JEWEL Corona has opened La Ronge’s second gold mine.
Hemlo’s David Bell mine it’s not. But like its much larger cousin, the Jolu gold mine, operated by Corona Corp., is expected to make money — and that’s reason enough to celebrate. Located 130 km nort…
Specs BETTER BLASTING
Misfires are a common problem in any blasting operation. But engineers at a U.S. National Laboratory in Albuquerque, N.M., have developed and tested a digital device which promises to greatly improve …
50 Years Ago NICKEL
Recently, Robert Stanley, chairman and president of The International Nickel Co. of Canada, said there are more than 8,000 standard alloys of which some 2,300 contain nickel. Such is the broad field i…