POLAR PRODUCERS
POLARIS You could say it’s about as redundant as hauling coal to Quintette or gold to Hemlo. Polaris, the world’s most northerly metal mine, requires underground refrigeration. The cooling is necessar…
News
LETTERS COMPRESSED AIR DEVICE Stressmeter
An article entitled “Breakthrough in Measuring Stress” appeared in your October issue on Page 71. The article gave the impression that the breakthrough device mentioned was arrived at after combining …
50 Years Ago FEBRUARY, 1939 SUBSIDIZE PROSPECTORS? NO WAY
In British Columbia, Manitoba and Saskatchewan, proposals (more or less offical) have been made in connection with aiding the prospector and the mining industry. In the coast province, Mayor Telford o…
NANISIVIK MINE AT THE TOP OF THE WORLD
In 1910-11, when the Canadian Coast Guard Vessel Arctic wintered on the remote, northwestern coast of Baffin Island, a prospector on board reported, for the first time, the presence of silver, lead an…
analysts’ Comments
A gold producer for more than 30 years, LAC Minerals (TSE) is faring quite well, thank you, and is on target to produce a half-million ounces gold by 1991, that figure not including output from the Pa…
CIM Symposium
The Hydrometallurgy Section of the Metallurgical Society of CIM is sponsoring an International Symposium on Electrometallurgical Plant Practice in Montreal, Que., on Oct 21-24, 1990 at the Le Grand Ho…
Glencairn seeks financing after Aur deal terminates
Glencairn Explorations (ASE) is seeking financing required to place its Feijao Cru diamond property in production. Located in Brazil, the Feijao Cru property hosts alluvial diamond bearing gravels whi…
Dolly Varden has funding agreement
A funding agreement has recently been arranged between Yorkton Securities of Toronto and Vancouver-listed Dolly Varden Minerals (VSE). Under the agreement, Yorkton will provide for the distribution to…
FALCONBRIDGE LIMITED
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $2,540.4 $2,457.8 Long-term debt $907.1 $825.8 Revenue $1,465.6 $905.9 Earnings (…
Falconbridge to keep shares held by McIntyre for moment
A plan of arrangement allowing shareholders of McIntyre Mines (TSE) to exchange each of their shares for either $64 cash or around 2.52 Falconbridge Ltd. (TSE) common shares, received both shareholder…
Battle Mountain options NWT gold property –
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
Mining deaths hit record low in 1988
1988 has set a new record low for mining fatalities ever recorded in the United States says the Mine Safety and Health Administration (MSHA) recently. A total of 100 mine fatalities in 1988 is a decli…