Annual Silver Review (November 01, 1988)
Silver prices have been more volatile than gold since the beginning of 1988, but the metal failed to sustain a rally. By early fa ll, it was hovering in the $6.25 (US)-per-oz range, about the price at…
Silver prices have been more volatile than gold since the beginning of 1988, but the metal failed to sustain a rally. By early fa ll, it was hovering in the $6.25 (US)-per-oz range, about the price at…
Three deposits of hematite ore, two of which are high-grade and suitable for direct treatment by bessemer processes, and altogether containing an estimated potential of 1,000,000,000 tons, are descri…
Geological deduction, following close study of structure; subsequent diamond drilling to horizons 1,000 ft or more below surface; and faith in conclusions reached. These were the factors which have re…
The mining of sphalerite, the ore mineral of zinc, is headed for a downturn in Canada. But you’d never suspect it, judging from the amount of money being spent developing new mines and modernizing old…
In the summer of 1915, Thomas Creighton and five fellow prospectors staked what has become one of the biggest mining operations in Canada. But at the time, they believed it to be a gold deposit. The c…
I recently received a phone call I from a senior executive asking for I an employment reference on an individual he was about to hire. He started off by saying: “I’ve offered the job contingent upon a…
While it probably would be difficult to find anyone who would suggest gold entirely lost its lustre in 1988, more than a few would concede that its price performance excited only bearish investors. St…
Discussing last week’s congressional election results, Business Week says: “The business outlook has been immensely strengthened by the election results. Businessmen are divided between the Democrat…
Scandinavian mining technology is playing a prominent role in Canada’s newest nickel mine. The mining method — longhole raise mining — selected for the bulk of the 2.58-million-tonne orebody under N…
Nickel may not possess the glamorous appeal of gold and silver but, in 1988, the base metal did just fine without it. Because of an unusual set of circumstances in which record consumption combined wi…
Canada, as the records in the bulky annual number of The Northern Miner revealed last month, is in the midst of a vast program of mineral development. Probably in no country in the world is mining and…
Cobalt, Ont., is justly Cfamous for its silver mines and the turn-of-the- century boom that made it the cradle of Canadian mining. It was a time of unbounded optimism and new developments in mineral p…
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