U.S. REPORT Atlas earnings slip
The drop in quarterly earnings was the result of lower gold prices, higher production costs because of the processing of refractory ores and lower than anticipated recovery rates. The year-earlier qua…
The drop in quarterly earnings was the result of lower gold prices, higher production costs because of the processing of refractory ores and lower than anticipated recovery rates. The year-earlier qua…
Drilling on the down-plunge extension of the Goldstream deposit near Revelstoke, B.C., has intersected 8.6 ft. grading 6.35% copper, 3.17% zinc, 0.60% lead, and 0.81% oz. silver per ton in hole 91M-12…
Thomas Callaghan appointed president succeeding Brian Gilmer who resigned; David Pinkman appointed secretary-treasurer and director.
Lower copper, nickel and zinc prices added up to a fourth-quarter loss for Hudson Bay Mining & Smelting (TSE) and its parent Inspiration Resources (TSE). HudBay reported a loss of $2.3 million on reve…
Toronto-based Kingswood Explorations (TSE) has signed an option with a private company to acquire a 22-claim lithium property in Lacorne and Lamotte twps., about 40 km northwest of Val d’Or, Que. King…
A substantial increase in gold production last year enabled Hecla Mining (NYSE) to report 1990 earnings of US$5.1 million, or US19 cents per share, compared with a loss of US$22.4 million in 1989. Hec…
ANTIMONY Canada’s antimony production in 1990 was 653 tonnes (t) valued at $1.4 million, compared with 2,818 t and $7 million for 1989. The dramatic decline in production stemmed from the January, 199…
April 3-5, London, England. Coal in the Environment (1st World Coal Institute conference on clean coal technology). Contact World Coal Institute, Conference & Exhibition Secretariat, 8 Cotswold Mews, …
Demand for nickel in the Western world increased in 1990 to an estimated record level of 680,000 tonnes (t), compared with 660,000 t in 1989. The increase was led by the stainless steel sector, partic…
The silver market performed poorly in 1990, as monthly average prices steadily declined because of a combination of soft investment demand and increased by-product output. The London silver price cont…
As Minister of Energy, Mines and Resources, I am pleased to note that the minerals industry continued to make a significant contribution to the Canadian economy in 1990. Although a number of high-cost…
STEEP ROCK PLAN LARGEST OF ITS KIND Ambitious plans exist for the drainage of Steep Rock Lake, north of Atikokan, Ont. The goal is to get cheaply at the iron ore below, according to Joseph Errington, …
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