Cogema drills gold in Burntbush area
Drilling by Cogema Canada, a wholly-owned affiliate of Cogema, the French nuclear fuels company, has encountered gold values on a 312-claim property in the Burntbush River area of Ontario. An extensio…
Articles by Northern Miner Staff
Slowdown could cut CDDA’s revenue
A slowdown in Canada’s mineral exploration activity this year could cut into the Canadian Diamond Drillers Association’s revenue. Speaking at the association’s 1989 annual meeting here recently, incom…
Laser verifies deviation just 0.01% in 450-ft-deep hole, 8.5
An indication of the advances being made in diamond drilling is the remarkable success of a 450-ft- long vertical pilot hole recently drilled at Inco’s Crean Hill mine in Sudbury. The hole broke throu…
Cons. Professor moves cautiously at Duport
The first in a series of environmental permit applications for the Duport gold project has been submitted by Consolidated Professor Mines (TSE) to Ontario’s environment ministry. Professor’s Duport go…
Metal Prices (May 22, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 16 May 15 May 12 May 11 May 10 Copper 1622…
IOCC GOLD OPTIONS (May 22, 1989)
Options Open Series Volume Last Interest Aug 370 C 61 5.20 309 Aug 390 C 264 6.50 1,091 Aug 400 C 661 4.10 2,595 Aug 420 C 345 1.50 1,6…
Photo (May 22, 1989)
Canadian Diamond Drillers Association President Dick Kemshall, left, present s the George Lemay safety award for Class A companies, surface drilling, to Wallace Bradley of Bradley Bros. Limited of Rou…
Drillers’ association helping industry since inaugural meeting in
While the Canadian Diamond Drilling Association (CDDA) has been in existence for more than half a century, diamond drilling has been an on-going concern for more than 125 years. The first machine was …
FMC first in North America in return on investment
Ranked first among major North American gold producers in return on investment, FMC Gold Company also had one of the lowest cash costs of any gold company in the world last year. Addressing the compan…
Metrologist seeking assistance for book on precious metal ores
Author Jan Merks is seeking help from mining companies for a new book on the science of metrology — the study of weights and measures. He is looking for information, which will be kept confidential, …
Asarco earns $68.6 million (US) in first quarter
A partnership is being formed by Montana Resources and Asarco Inc. to own the former’s Montana copper-mining business. Asarco will purchase a 49.9% interest in the partnership, with Montana Resource…
Barrick could be bidder in future Newmont auction
Nothing if not ambitious, American Barrick Resources (TSE) is closely monitoring a takeover battle involving two of the world’s largest gold producers. If, as seems likely, Minerals and Resources Corp…