Montreal Exchange Investors on sidelines
The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…
The phrase “year-end holiday” seems to have been taken literally by investors on the Montreal Exchange, where daily trading volumes slowed almost to a trickle as the week wore on. Those investors that…
The president of Toronto-based Dickenson Mines, J. O. Kachmar, has been named president of Wharf Resources in a shake-up of the latter company’s board of directors. Dickenson, which currently owns alm…
Familiarity breeds contempt, according to the old adage. It often takes an objective “outsider” to recognize qualities that may be taken for granted by those who know a situation too well. So it see…
A funding agreement has been completed in principle, between Canamax Resources and its major shareholder, Amax Gold. Under the deal, Amax will make available to Canamax a $10-million (US) revolving cr…
Small junior mining companies have often been credited with outperforming senior companies in mineral exploration. It is widely believed that the juniors have found more mineral deposits than the seni…
Ontario’s first zinc mine since the Kidd Creek operation came into production in the 1960s should be in full production by the end of the first quarter. Minnova decided late in 1986, shortly after the…
Here’s a curious twist. U.S. energy producers ear that “the Canadians” might grab a larger piece of the U.S. energy market. (This must be a reversal of the wolf sweeping down on the fold.) Their conce…
With the proliferation of flow-through financing, some exploration companies have found it nearly impossible to find a drill rig. In the winter drilling season last year, at least one junior company, …
Harnischfeger’s new and massive dredge floats on superlatives (and water, of course): largest; most powerful; its 50-cu-yd clamshell bucket can plop immense mucky loads into a 6,000- cu-yd companion s…
At the turn of the century, gold nuggets were found on the shore of a lake 60 miles northwest of North Bay, Ont. Four decades passed before anyone formally mined the deposit. That operation, known as …
Four new models of Caterpillar wheel loaders deliver increased horsepower and rimpull for improved performance, over four former models, the company reports. Larger-capacity buckets with bolt- on edge…
Wagner Mining Equipment of Portland, Ore., has joined John Clark (see What’s New in our December issue) in offering an electrical-powered load- haul-dump machine. Called the Mini-scoop, Wagner’s unit …
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