Layoffs result as companies try to cust costs
Exploration staff at several mining companies have been reduced in the past six months in an effort to cut costs and keep overhead costs to a minimum. Exploration is commonly the first area to be cut …
Exploration staff at several mining companies have been reduced in the past six months in an effort to cut costs and keep overhead costs to a minimum. Exploration is commonly the first area to be cut …
Management at the Campbell Red Lake mine in northwestern Ontario takes its rock mechanics seriously. “They form an integral part of our ground support system,” S.M. Reid, mine manager of the Placer Do…
When the fatal fire in 1987 closed Wthe E Zone mine at Murdochville, Que., management at Noranda Minerals didn’t have a difficult choice to make as far as the smelter was concerned. The 70,000-tonne-p…
Shareholders of Westmin Resources (TSE) voted overwhelmingly in favor of a reorganization that will see the company’s oil and gas assets sold to Norcen Energy Resources, an affiliated Calgary-based oi…
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…
1989 June 27June 26June 23June 22June 21HIGH LOW Composite 300 3778.37 3772.78 3773.15 3740.02 3730.45 3806.03 3353.13 Mtls & Mnrls 3308.76 3348.86 3344.65 3253.83 3237.12 3564.92…
Modifications at the Fort Saskatchewan nickel refinery to permit the processing of off-specification feed materials have been completed, Sherritt Gordon (TSE) reports. Feed from supplier Inco Ltd.’s (…
I would like to comment on some of the information presented in “King of Zinc,” the story on the Brunswick No. 12 mine (see April issue). The first is the statement on the “abstract nature of the geol…
In an effort to boost production and Iincrease operating efficiency, HighIland Valley Copper acquired the nearby Highmont mill l ast year and, at a cost of $70 million, relocated the Highmont milling …
By purchasing 324,000 shares of Rea Gold Corp. (TSE) on The Toronto Stock Exchange through a wholly-owned subsidiary, Cassiar Mining Corp. (TSE) boosted its total indirect holding to 2.6 million share…
At a grade of 2.4%, Cameco’s Key Lake operation is a rich uranium mine. It also has — and this is not well known — a rich nickel deposit. The nickel grade has been officially listed at 2.3% for the …
When it comes to gold, the market is used to sudden, dramatic price swings. That’s part of gold’s appeal — the opportunity to make large sums of money over a short period of time. All one has to do i…
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