PROFILE (March 09, 1992)
Next month President Michael Spoko, 53, will succeed retiring Donald Phillips to become Inco Ltd.’s chairman and chief executive officer. Asked as to why he was chosen for the top job, Sopko replies, …
Next month President Michael Spoko, 53, will succeed retiring Donald Phillips to become Inco Ltd.’s chairman and chief executive officer. Asked as to why he was chosen for the top job, Sopko replies, …
Geophysics virtually was born and raised in Canada. The sad thing is that it might just die here too. The recession, the lack of mineral exploration, a maturing mining industry, globalization — all h…
Canadian exploration expenditures totalled almost $800 million in 1990, compared with $828 million in 1989. A survey of companies carried out at the beginning of 1991 suggested that $646 million would…
MINE TAX RATES NOT CLEAR YET Changes in taxation on mining as the result of the tax deals made between the Dominion and the provinces are not yet clear. In principle it is proposed that the provinces …
On behalf of the Mineral Policy Sector and Energy Sector of Energy, Mines and Resources Canada, we are pleased to participate in the presentation of the annual mineral review and forecast in The North…
In 1991, industrial demand for platinum in the non-socialist world increased by more than 5% over 1990. Despite demand, prices hit a six-year low of US$330/oz on Dec. 30, trading below gold for the fi…
MINING AND MILLING Bolter/Screener Miller Technology has developed an improved bolter-screener that will get its first production workout in Falconbridge’s Craig mine. A joint effort with Getman Corp….
Copper prices remained relatively strong during 1991. Despite some weakening of demand and an increase in supply, the market was buoyed by the threat of serious supply disruptions around the world. Pr…
The Canadian economy entered 1991 in a recession that was already nine months in duration. In general, the economy was characterized by high unemployment, low consumer and business confidence, weak co…
After a difficult year in 1990, the Canadian steel industry did not fully recover in 1991. At best, only eight blast furnaces were operating, compared with 10 as late as October, 1989. As a result, do…
Canada’s gold production, which increased rapidly during the 1980s, reached 5.7 million oz (177 tonnes) in 1991, compared with 5.4 million oz (167 t) in 1990. By comparison, production was 967,740 oz …
Western World demand for lead and zinc decreased in 1991. Zinc mine and metal production both rose from their 1990 levels, while lead mine output remained essentially unchanged and only a small fall i…
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